View more on these topics

Enterprise Finance gains advice approval

The FCA has approved master broker Enterprise Finance’s application to give mortgage advice.

From March, second charge customers must receive advice and the firm can now offer this.

Chief executive Danny Waters says: “Full regulation of the mortgage market has helped improve standards in the home loan industry in the past decade or so and we are confident that the second charge sector will reap simi-lar rewards in the coming years.

“Consumers will feel more comfortable using products that are regulated in the same way as existing loans they have already taken out.”

Recommended

Handshake

Bank of Ireland adds Sesame to its intermediary panel

Bank of Ireland has opened up its intermediary distribution with the addition of Sesame to its panel. The lender re-entered the broker market under its own brand last December, first distributing through LSL estate agency subsidiaries Reeds Rains, Your Move and Embrace Mortgage Services. It then opened up to First Complete, Openwork and Intrinsic this […]

Business-Handshake-Finance-Deal-700.jpg

Martin Sims joins HLP as development director

HomeLoan Partnership has appointed Martin Sims as development director. Sims joins from Castle Trust, where he spent the past four years as head of the lender’s distribution proposition. He has also held various senior positions at Kensington and Legal & General. HLP chief executive Christopher Tanner says: “We understand that as the network grows we […]

RBS-Building-500x320.jpg

TSC member: Lobby US to cancel RBS’ £5bn fines

The Foreign Office should lobby the US to scrap litigation against the Royal Bank of Scotland, according to Treasury select committee member Jacob Rees-Mogg. RBS is facing $8bn (£5bn) worth of fines over mortgage-backed securities sold in the US before the financial crisis. The Telegraph reports Conservative MP Rees-Mogg asked the bosses of UK Financial […]

Andy Haldane

Haldane ‘in the frame’ for FCA

Bank of England chief economist Andy Haldane has been tipped as the top candidate to run as head of the Financial Conduct Authority. The FCA is in the process of finding a replacement for Martin Wheatley, who will leave his position later this month.  The Sunday Times reports that Haldane is the frontrunner for the recruitment process, […]

Newsletter

News and expert analysis straight to your inbox

Sign up