Industry

The Financial Conduct Authority (FCA) has written to banks urging them to speed up their review of how interest rate hedging products were sold.

The government is undermining its own Help to Buy scheme by imposing a large tax burden on first-time buyers, the Council of Mortgage Lenders (CML) has argued.

The Financial Services Compensation Scheme (FSCS) has declared a further 18 advisory firms in default.

Mortgage advisers are reporting a rise in Help to Buy enquiries, despite the fact they are unable to places cases yet.

DEAR MR...

The Financial Conduct Authority (FCA) is to consult the industry on the significance of small print in mortgage contracts in the wake of decisions by banks to increase their tracker rates.

Consumer attitudes towards financial services businesses have changed irreversibly, the chief executive of the Financial Ombudsman Service (FOS) has said.

A mortgage adviser is to spend nine months in prison for removing an entire kitchen from a Sleaford couple's home days before it was due to be repossessed.

The former chief executive of The Co-operative Bank yesterday accused his successors of taking their "eye off the ball" ahead of the lender's failed bid to buy more than 600 Lloyds branches, a move which exacerbated a £1.5bn capital hole in its accounts....

The Financial Conduct Authority (FCA) has announced a review of complaints handling and management in major firms, including building societies.