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Jan 19 – The tide of debt

BY AMI

The recently published Sector Views from the Financial Conduct Authority sets out the evolving landscape of our mortgage market.  With 13.5million mortgage accounts outstanding and balances reaching almost £1.4trillion, this is a significant part of the UK economy.  Of particular [...]

10 months ago / No Comments

16

JAN

No

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Jan 19 – FCA waves its magic wand

BY AMI

For many years AMI has been challenging lenders, the regulator and government to look more carefully at the issues facing what we saw as a significant population of mortgage prisoners.  These were individuals who appeared to be able to meet [...]

10 months ago / No Comments

16

JAN

No

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Dec 18 – Digital downsides

BY AMI

In this digital age it can feel like there is not only an individual pressure to keep up to date with tech but to also commercially stay ahead of the game with a fear of losing out to competitors.  But [...]

11 months ago / No Comments

14

DEC

No

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Dec 18 – Another year rolls by

BY AMI

As we come to the end of another year, it is appropriate to reflect on another great period for intermediaries.  We have continued to deliver great support and service for UK consumers who are looking for a mortgage to support [...]

11 months ago / No Comments

14

DEC

No

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Nov 18 – The future of our regulator

BY AMI

With certain world leaders shifting societies backwards, it can at times feel like we have a bleak future ahead.  I wonder if our regulator is moving the industry in a similarly ominous direction. When the FSA split to be come [...]

12 months ago / No Comments

16

NOV

No

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Nov 18 – Escaping Leasehold

BY AMI

Over the last few years many people inadvertently bought houses with a leasehold tenure.  Too many of these had escalation causes which severely impact the current and future value of the property.  It is positive that government has made it [...]

12 months ago / No Comments

16

NOV

No

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Nov 18 – Time to look in the mirror

BY AMI

Culture in financial services has become a priority for both the PRA and FCA as well as government and select committees.  It is recognised that culture is a key root cause of major conduct failings that have occurred within the [...]

12 months ago / No Comments

16

NOV

No

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Oct 18 – Product risks and advice

BY AMI

For the last four years UK authorities have been working jointly with industry to pursue an alternative and more robust interest rate benchmark to LIBOR.  Although it could be said to have a number of weaknesses, its manipulation resulting in [...]

1 year ago / No Comments

22

OCT

No

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Oct 18 – The pressure for tech?

BY AMI

The Mortgages Market Study has a significant focus on technology and innovation.  In trying to put that into perspective it appears it starts with desire from government to change our market.  Earlier this year, the Department for Business, Energy & [...]

1 year ago / No Comments

22

OCT

No

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Oct 18 – Crucial times

BY AMI

Introduction I am returning to the subject of the FCA’s Mortgages Market Study once again this month as I consider this to be the most important issue that has faced me since joining the trade body world in 2006. The [...]

1 year ago / No Comments

22

OCT

No

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