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Crown gets an upgrade from ratings agency

Fitch Ratings has upgraded UK servicer ratings for Crown Mortgage Management. It has also removed Crown from its Rating Watch Evolving status.

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TIM JORDAN

Changing times for the advisory sectors

The next couple of years are going to be interesting for advisory sectors in the UK. Next autumn we solicitors will start to see the impact of the Legal Services Act deregulation and in 2012 financial advisers face the introduction of the Retail Distribution Review. In some aspects these changes are different but will produce […]

Mortgages, Minghella and Mutuality

David Webster is the new chairman of the Building Societies Association and chief executive of the Hanley Economic Building Society but he’s also a blogger and a film buff and takes his inspiration from unusual sources

Bradford & Bingley sues law firms over same-day remortgaging deals

Bradford & Bingley is pursuing negligence claims against law firms over advice received on same-day remortgage buy-to-let deals. The state-owned building society alleges that firms breached anti-fraud guidelines on hundreds of loans now facing losses. The Financial Times recently reported that the action is focused on cases of same-day remortgaging, where bridging loans are used […]

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