Monzo fined £21m for poor financial crime controls by FCA

By: ameer@trustedteam.com

Monzo Bank has been fined £21m for lax anti-financial crime controls and allowing tens of thousands of high-risk customers to open accounts, according to the Financial Conduct Authority. The City...

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The Right Mortgage Network adds April to panel

By: ameer@trustedteam.com

The Right Mortgage & Protection Network has added April Mortgages to its panel. Member firms now have access to April Mortgages’ full range of five to 15-year fixed-rate mortgages including...

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Small lenders see loan to income thresholds lifted to £150m

By: ameer@trustedteam.com

Small lenders who underwrite residential mortgages up to £150m a year will not be bound by the loan-to-income flow limits of larger institutions. The move by regulators comes into effect on...

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MIT Live reveals big name partners for flagship event

By: ameer@trustedteam.com

Mortgage Innovation & Technology Live (MIT Live), the new flagship event powered by Mortgage Strategy, can confirm support from some of the biggest names in the industry. Strategic partners for...

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How much notice should I receive for my mortgage deal ending?

By: ameer@trustedteam.com

When should you start preparing to remortgage and will your lender notify of your current mortgage deal ending? This is the question Darren Polson is tackling in this week’s...

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House prices flat in June: Halifax

By: ameer@trustedteam.com

House prices remained flat at £296,665 in June after a dip of 0.3% in May, the latest index from Halifax shows. Annual growth has edged downwards to 2.5% from 2.6%...

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Fixed rates heading down and lenders relax stress tests: Moneyfacts

By: ameer@trustedteam.com

The average two- and five-year fixed rates have continued on the downward trend for July, as lenders also relaxed stress tests. This is according to the latest Moneyfacts UK Mortgage...

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Santander reduces remortgage rates by up to 0.16%

By: ameer@trustedteam.com

Santander UK has announced rate reductions of up to 0.16% across its 60–75% LTV remortgage range. The changes are available through both the lender’s direct and intermediary channels under its...

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L&C Mortgages and Leeds BS in open banking pilot to speed up applications  

By: ameer@trustedteam.com

L&C Mortgages and Leeds Building Society have partnered in an open banking pilot to speed up home loan applications.   The move sees clients of L&C Mortgages provide access to...

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House price growth remains flat in June: Halifax

By: ameer@trustedteam.com

House prices remained flat at £296,665 in June after a dip of 0.3% in May, the latest index from Halifax shows. ...

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