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Ex-FCA mortgage head to speak at second charge masterclass

Lynda Blackwell FCA

Former FCA mortgage sector head Lynda Blackwell will be the guest speaker at an upcoming London Money second charge masterclass. 

The event will cover the future of the second charge market and the case for improving standards in the sector. 

It will also cover the need to focus more on second charge consumers to meet FCA expectations. 

Blackwell says there is “still work to be done” to raise standards in the sector. 

Blackwell left the regulator in July after 16 years’ employment. 

During her time at the FCA she was the architect of the Mortgage Market Review, and before that was mortgage policy manager at the regulator. 

London Money director Martin Stewart says: “We are delighted that Lynda has agreed to come and share her thoughts with our broker partners early next year. 

“We have a strong belief in the direction the sector needs to take, and who better to help us shape that journey than the architect of the regulatory framework that we now currently work in? 

“Furthermore, Lynda will touch on GDPR and what brokers need to do before the new rules come in to force next May. 

“Our industry will look and feel very different this time next year, so all brokers need to understand what the regulator is thinking and not just what other people in the industry are thinking.” 

Blackwell says: “I’m getting a different perspective of the second charge mortgage 

market now that I’m working more closely with those active within it. 

“It is clear there is still some work to be done to make the new regulatory level playing field between firsts and seconds a reality and to ensure high professional standards and good customer outcomes across the board. 

“I’m looking forward to working alongside and supporting the second charge market to achieve this.” 

The masterclass session will be held on 1 February 2018 at London Money’s offices at 42 Grosvenor Gardens, SW1W 0EB. 

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