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KEYWORD "Financial Conduct Authority" - 57 RESULTS
ASSESSING THE FUTURE FITNESS OF YOUR BUSINESS IS EVEN MORE IMPORTANT NOW

The current crisis has led to many of us to re-evaluate our lives to ensure that we put ourselves in the...

06 May 2021

From: Sponsored Content

Wrongdoing in an agency? Whistleblowers urged to come forward

A new campaign to urge whistleblowers to come forward with evidence of wrongdoing has been launched by the Financial Conduct Authority. This...

26 March 2021

From: Breaking News

Have tenants in arrears? You need to be aware of this new law

From 4 May 2021, your agency could be blocked from charging late fees, compounding interest on missing rent and taking any...

20 March 2021

From: Features

Insurance Scandal: Help for agents in Business Interruption saga

New guidance has been issued in a bid to allow agents to get the insurance payouts they expect from the Business...

10 March 2021

From: Breaking News

Countrywide sets out timetable for its demise

The Countrywide name is set to disappear from the stock market in a week’s time - and may soon be gone...

01 March 2021

From: Breaking News

Ban on repossessions extended for mortgage borrowers

The Financial Conduct Authority is extending the ban on repossessions by two months until April 1, in light of the pandemic. The...

19 January 2021

From: Breaking News

Business Interruption Insurance Scandal - Decision Day later this week

The Supreme Court will give its judgment on the long-running Business Interruption Insurance case on Friday. In November a Supreme Court appeal...

13 January 2021

From: Breaking News

Banking barriers for start-ups and how to overcome them

Start-up letting agents looking to enter the market are finding it increasingly difficult to set up in business as banks point...

19 December 2020

From: Features

Business Interruption Insurance - agents must wait even longer

The hundreds of estate and lettings agencies involved in various Business Interruption Insurance policies must wait even longer to find their...

17 December 2020

From: Breaking News

Business Interruption Insurance Scandal - agents go on waiting

Agents anxious to know if they will receive a payout from their Business Interruption Insurance will have to wait still longer...

24 November 2020

From: Breaking News

TV consumer champion demands action to free ‘mortgage prisoners’

A new report funded by high profile consumer champion Martin Lewis says the government must do more to help ‘mortgage prisoners’. These...

12 November 2020

From: Breaking News

Lockdown justice at last for agents with Business Interruption Insurance?

The Business Interruption Insurance saga, involving hundreds of agencies awaiting pay-outs on policies, enters its next and final stage later this month. An...

04 November 2020

From: Breaking News

Mortgage holiday set to be extended as housing market stays open

There’s one key takeaway for agents from the weekend’s announcements on the next England-wide lockdown - the housing market is staying...

02 November 2020

From: Breaking News

Agents told off for not being ready for Anti-Money Laundering regs

A security company says it is “disappointing” the estate agency industry is only around 55 per cent through preparations to cope...

09 October 2020

From: Breaking News

Business Interruption Insurance Scandal - bid to speed up pay-outs

The many agents believed to be awaiting pay-outs on their Business Interruption Insurance will have some consolation in knowing that the...

30 September 2020

From: Breaking News

Tips for growing your management portfolio in uncertain times

Despite the recent effects of the Covid-19 pandemic, there is still much opportunity in the market for letting agents to grow...

19 September 2020

From: Features

Anti-Money Laundering: FCA criticised over lack of enforcement

The Financial Conduct Authority (FCA) has been criticised for its lack of enforcement of anti-money laundering (AML) legislation so far in...

18 September 2020

From: Breaking News

Business Interruption Insurance: High Court rules in favour of agents

The result of a test case over Business Interruption Insurance involving agents has been handed down by the High Court. It has...

15 September 2020

From: Breaking News

Business Interruption Insurance: date set for court case result

Agents involved in a test case over their Business Interruption insurance will know the result next Tuesday morning. The test case concluded...

10 September 2020

From: Breaking News

Letting agents still struggling to open bank accounts

Letting agents are struggling to open new bank accounts and even large established letting agents with a long history of trading...

22 August 2020

From: Features

Business Interruption Scandal: agents await decision on pay-out

Agents are awaiting the outcome of a test case regarding Business Interruption Insurance, which may determine whether they receive thousands of...

31 July 2020

From: Breaking News

See you in court! Business Interruption Insurance scandal case begins

An eight day court hearing kicks off this morning as the Financial Conduct Authority begins a test case regarding Business Interruption...

20 July 2020

From: Breaking News

Business Interruption scandal - eight insurers involved in test case

More details have been released about a test case being brought by the Financial Conduct Authority about the ongoing Business Interruption...

11 June 2020

From: Breaking News

Mortgage holiday extension - new details released by FCA

The Financial Conduct Authority has published new draft guidance for lenders which will set out options available to their customers in the extended...

26 May 2020

From: Breaking News

Mortgage holiday extension welcomed despite ‘cliff edge’ worry

There’s been a cautious welcome for the extension to the current mortgage holiday scheme, due to run out for ‘early adopters’...

22 May 2020

From: Breaking News

Agents’ Insurance Claims: only two days left to submit details

The City regulator which is bringing a test case over insurance firms refusing to honour Business Interruption policies wants policyholders including...

18 May 2020

From: Breaking News

Mortgage holidays could be extended to up to a year

The Financial Conduct Authority is reported to be considering offering homeowners up to 12 month’s mortgage holidays. Currently 1.2m mortgage payment holidays...

12 May 2020

From: Breaking News

Business Interruption Insurance Scandal: class actions begin to form

The scandal over Business Interruption Insurance policies is hotting up, with class actions being discussed against insurance firms and the Financial Conduct Authority announcing...

01 May 2020

From: Breaking News

Fund-raising lifeline thrown to Countrywide, Purplebricks and others

New temporary rules have thrown a lifeline to troubled agencies like Countrywide and Purplebricks which may need to raise additional funds...

09 April 2020

From: Breaking News

Why Open Banking is the future of rental payments

Much like PropTech, Open Banking has been used as a buzzword in recent years. However, when it comes to the rental...

04 April 2020

From: Features

Third largest agency taking “appropriate measures” to limit virus chaos

Yet another one of the giants of our industry, Hunters, says it’s taking “appropriate measures” to safeguard the firm in the...

31 March 2020

From: Breaking News

Mortgage Holidays: FCA clears up uncertainties with new guidance

The Financial Conduct Authority has released new guidance which clears up some of the uncertainties surrounding the mortgage holidays announced last...

25 March 2020

From: Breaking News

Negative equity warning to Help To Buy borrowers

The Financial Conduct Authority has issued a shock warning that mortgage borrowers who purchased properties through the Help To Buy scheme...

19 February 2020

From: Breaking News

How digitisation will change conveyancing – for the better

In the field of conveyancing, there’s a new dynamic at play. And that dynamic is customer-driven and customer-focused, using digital technology...

22 January 2020

From: Features

Rightmove: agency numbers fall 3% but profits and revenue soar 10%

Rightmove’s half year figures this morning continue to show strong growth in profits and revenue - but there are the first...

26 July 2019

From: Breaking News

Praise for estate agency diversifying into equity release

Specialist providers catering for the over-50s has welcomed a move by high-end estate agency Knight Frank to move into equity release. Commenting...

11 July 2019

From: Breaking News

Should the estate agency industry stop resisting regulation?

There was a time when the mere mention of the financial services industry brought with it scorn and mistrust. The issues arising...

13 April 2019

From: Features

Dodgy Dealing? Agents accused of pushing buyers to in-house mortgages

Mortgage brokers are claiming that “a big number” of buyers are being cajoled into using estate agents’ in-house brokers. The Financial Conduct...

02 April 2019

From: Breaking News

Mortgage prisoners given hope of escape route by City regulator

Mortgage prisoners - borrowers unable to switch lenders despite being up-to-date with payments - may have an escape route in sight...

27 March 2019

From: Breaking News

The government must stop using agents to carry out their dirty work

I don’t believe it’s unfair to state that our government, indeed, the entire political establishment is in some turmoil at the...

16 March 2019

From: Features

Warm welcome for regulator's bid to help 'mortgage prisoners'

There’s been a warm welcome from the property and consumer sectors for a suggestion that the Financial Conduct Authority may be...

14 January 2019

From: Breaking News

Emoov’s humiliation - the fallout for the industry

Whatever one thinks about online estate agencies, it’s a cause of genuine sadness when people lose their jobs - close proximity...

08 December 2018

From: Features

Would housing market improve if owners switched mortgages?

Shock figures out this morning show that a staggering £15.4 billion of annual interest is being paid by mortgage borrowers sitting...

22 November 2018

From: Breaking News

Property website allowing private sales claims to be valued at £10m

A website that lists private sale properties and calls itself “the all in one property marketplace” has valued itself on a...

21 November 2018

From: Breaking News

PropTech Today: How can agents boost revenue with Open Banking?

Since January 2018, nine of the UK’s biggest banks have allowed competitors direct access to customer data as part of the...

25 July 2018

From: Breaking News

Buyers need more help to get the best mortgage deal, says FCA

The Financial Conduct Authority says house buyers need more help to find the best priced and most appropriate mortgage deal for their...

09 May 2018

From: Breaking News

Forget Mum and Dad - now first time buyers can crowdfund deposits

An online platform has been launched with the aim of allowing first time buyers to seek crowdfunding to raise enough cash...

21 September 2017

From: Breaking News

Regulator to probe lenders who offer just interest-only mortgages

The Financial Conduct Authority says it is to review lenders offering solely interest-only mortgages to home owners. In its business plan for...

21 April 2017

From: Breaking News

Mortgage market review

In recent years the mortgage industry has gone through some testing times. Recession and regulation have led to more stringent lending...

08 April 2017

From: Features

Official review starts into agents introducing clients to mortgage lenders

The Financial Conduct Authority is to investigate mortgage competition, including the introduction of clients to lenders by estate agents.    It’s part of...

13 December 2016

From: Breaking News

New rules being considered to handle mortgage arrears

The Financial Conduct Authority is consulting on new guidance to lenders on how to measure and treat the repayment of arrears...

20 October 2016

From: Breaking News

Is AI the future of mortgage advice?

This week, tech startup Habito claims to have launched the world's first artificially intelligent 'digital mortgage adviser'.  The robo-adviser takes into account...

16 September 2016

From: Breaking News

FCA wants much more consumer choice in the mortgage market

The Financial Conduct Authority is to encourage lenders to give would-be buyers more choice in the mortgages available. In the Responsible Lending...

17 May 2016

From: Breaking News

Care home rooms being sold as buy to let investment properties

Newspapers and other journalists’ outlets are reporting that rooms in care homes are being offered to purchase as buy to let...

14 December 2015

From: Breaking News

No clue as to whether MMR review will boost housing market

The Financial Conduct Authority is remaining tight-lipped as to whether its newly-announced assessment of MMR will lead to easier access to...

08 September 2015

From: Breaking News

Official watchdog to review MMR impact on consumers and housing market

The Financial Conduct Authority says it is to hold a review of the mortgage market after last year’s controversial MMR to...

07 September 2015

From: Breaking News

Watchdog winds up scam property fund

A scam property fund has been wound up on the recommendation of the Financial Conduct Authority after glaiming to offer guaranteed...

27 April 2015

From: Breaking News

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