Articles

Member Area
April 17 – Should Seconds be First?

BY AMI

The Association of Finance Brokers (AFB), the trade body for second charge mortgage brokers, have an election open from 18 April to 5 May to elect their representative to the AMI Board. [...]

6 days ago / No Comments

19

APR

No

Comments

April 17 – General Data Protection Regulation

BY AMI

Firms should be starting to review how they will comply with the EU General Data Protection Regulation (GDPR), which comes into force next year. [...]

6 days ago / No Comments

19

APR

No

Comments

March 17 – Toy Town Housing Solutions

BY AMI

This post-Brexit government has put housing at the centre of its agenda in recognition of its ability to drive forward the economy and the failure for decades to construct enough new homes. [...]

4 weeks ago / No Comments

31

MAR

No

Comments

March 17 – Sweet Caroline – coming for ya’

BY AMI

In recent weeks we have had some responses from our friends and colleagues in the FCA that indicate they are less inclined towards listening mode at this point in the regulatory cycle. There have been a range of issues where [...]

1 month ago / No Comments

14

MAR

No

Comments

March 17 – Advice changes on the fringe

BY AMI

The government has recently announced two changes to advice as part of the Financial Advice Market Review. While these will predominantly affect the investments and pensions arena, they should positively impact the conversations that mortgage advisers can have with their [...]

1 month ago / No Comments

14

MAR

No

Comments

February 17 – Understanding the supply chain

BY AMI

The FCA’s Responsibilities of Providers and Distributors (RPPD) paper sets out guidance for firms around the fair treatment of customers. Although introduced in 2007, it articulated responsibilities already set out in the regulatory Principles, Rules and Guidance, financial services legislation [...]

2 months ago / No Comments

20

FEB

No

Comments

February 17 – Paying for others’ mistakes

BY AMI

In the last few weeks mortgage firms have been invoiced for the latest interim levy from the Financial Services Compensation Scheme. These were for eye watering amounts of money.  The background to the majority of these costs are failed unregulated [...]

2 months ago / No Comments

20

FEB

No

Comments

February 17 – Is the mortgage market competitive enough?

BY AMI

The FCA has issued the terms of reference for its mortgage market study, which has been focussed more tightly since it issued its feedback statement in May 2016.  The review will now revolve around the consideration of two key questions:  [...]

2 months ago / No Comments

20

FEB

No

Comments

February 17 – Cheesecake all round

BY AMI

The industry is about to descend into unseemly squabbles over the FCA proposals to reform the Financial Services Compensation Scheme.  The pre-consultation discussions were characterised by goodwill, open minds and positive debate of the issues.  Now we have tangible proposals [...]

2 months ago / No Comments

20

FEB

No

Comments

January 17 – Considered Choice

BY AMI

2017 has started with good news from Santander on procuration fees. For many years now intermediaries have been at the heart of the Santander mortgage business. [...]

3 months ago / No Comments

20

JAN

No

Comments