Brokers, lenders and advisers have backed the FCA's proposed mortgage market reforms, which aim to widen access for the self-employed, older borrowers and those with historic credit...
Brokers, lenders and advisers have backed the FCA's proposed mortgage market reforms, which aim to widen access for the self-employed, older borrowers and those with historic credit...
Proposed reforms also include changes to retirement interest-only and mortgages for self-employed borrowers.
The FCA is investigating allegations that signatures have been forged.
Around half of all customers have characteristics of vulnerability.
The regulator says the director sought to evade paying compensation due to customers as a result of his own bad advice.
The FCA says the legal action will delay payouts due to begin this year.
The review will look at the root causes of poor practices across the market.
Brokers are being urged to act now on later life lending rather than wait for FCA market study.
Lawrence was previously authorised to give mortgage advice but had his permissions revoked in 2008.
Insurance complaints rose 10.1% while the home finance sector saw a decline of 3.8%.
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