Big six to start lending on remediation scheme flats in January 2023
Borrowers and intermediaries will be able to submit applications for mortgages on flats undergoing building safety remediation works from 9th January 2023…
AMI launches Consumer Duty Factsheets
The AMI team has been working hard over the last couple of months to create a detailed suite of member factsheets on the FCA Consumer Duty…
Help to Buy – Practical Completion deadline extension
Buyers using the government’s Help to Buy Equity Loan scheme have been given more time to reach a key deadline to prevent sales falling through….
Important Consumer Duty update for members – 5th December 2022
This update provides members with a summary of the current position on the work of the cross-sector working group…
Important update for firms with ARs/IARs
A reminder that firms with active ARs/IARs will receive a Section 165 (S165) data request from the FCA between 8-12 December 2022…
Chief Executive update for November – Working hard for you
AMI Chief Executive Robert Sinclair shares his thoughts on the current issues facing the mortgage industry, AMI achievements and exciting developments to help you and your business…
Viewpoint – What’s next?
Earlier this month AMI, alongside sponsors L&G and Royal London launched ‘The Great Protection Shift’. Catch up on the launch and read the report…
Financial Ombudsman Service (FOS) – Future funding
FOS has released feedback to its discussion paper on future funding. In its 2023/24 Plans and Budget consultation (due in December 2022) it will consult on proposals to change…
Consumer Duty – the next phase
As the 31 October 2022 deadline has passed, the FCA expect firms to have completed and documented their implementation plans for Consumer Duty…
Be prepared for the FRN system change – update
We can confirm the FCA is likely to move to a seven digit FRN for newly registered firms at some point during Q2 2023…
