FCA
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Housing Market
Mortgage criteria eased to boost loans market
Lenders can now issue more high loan-to-income offers under proposals designed to allow households to borrow cash.
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Rental market
OFFICIAL: Millions still struggling financially but position ‘improving’
The Financial Conduct Authority has found that found 7.4 million people were struggling to pay bills and credit repayments in January, down from 10.9 million in January 2023.
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Latest property news
FCA moves to make leaseholder block insurance fairer
A review of the multi-occupancy buildings insurance market found that leasehold buildings insurance premiums have risen since the Grenfell tragedy.
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Latest property news
Client account banking tool for agents launched
Boss Garrett Foxon of LettsPay says he has been working with the Department of Levelling Up, Housing and Communities to ensure new system is compliant.
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Latest property news
Crackdown on insurance commissions could ‘devastate managing agents’
Property litigator Richard Glover warns agents could face disqualification from both the FCA and RICS for taking ‘secret commissions’.
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Latest property news
Agents to be blocked from commission cash for leasehold insurance
The Financial Conduct Authority is warning brokers not to pay commission to managing agents and property owners.
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Latest property news
Official warning given to estate agency mortgage advisers
FCA says some estate agencies offering financial advice were still wide of the mark when implementing its incoming Consumer Duty plans.
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Regulation & Law
Here’s how agents can help avoid another ARPM-style collapse
Letting agents and property managers should retain visibility and control directly over client and customer monies.
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Latest property news
FCA-regulated estate agents who broker mortgages to face new rules
FCA says it wants to see all players within the financial services industry put their customers first and end 'rip off' charges and fees.
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Latest property news
FCA urges regulated estate agencies to ‘upgrade’ their approach to diversity
New report by the financial regulator is seeking to consult regulated firms on how change can be speeded up.
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