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Video: HSBC on Brexit, new products and optimism for the market

Ahead of the Mortgage Strategy awards on 26 March, HSBC head of mortgage intermediaries Chris Pearson sat down with editor Rebekah Commane to discuss how Brexit could impact the mortgage market, the lender’s plans for the year ahead and areas that could struggle or thrive going forward.

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Total lending by building societies up 7%: BSA

Building societies lent £68.9bn in 2018, an increase of 7 per cent from 2017, which saw £64.1bn loaned, according to BSA. BSA adds that 476,803 new mortgages were approved in 2018, increasing 7 per cent year-on-year, with an estimated one in three being first-time buyers. Meanwhile, net lending totalled £17.9bn last year, having increased from […]

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FCA re-files accounts after complaint about clarity

The FCA has re-filed its annual accounts after a complaint over their legibility, The Times reports. After a bricklayer, Clive May, based in Mold in Flintshire, raised concerns about how clear the accounts were to Companies House, the corporate registrar service invited the regulator to submit an update version of its accounts to March 31 2018. According […]

Auto-enrolment

Employers fined £52,500 for auto-enrolment failings

By Jamie Clark, Business Development Manager The Pensions Regulator (TPR) has taken the step of naming and shaming employers that have been served County Court Judgments (CCJs) for non-payment of auto-enrolment fines. We take a look at what this means for employers, their employees and advisers Shamed into action? Sixty-four employers have been served CCJs […]

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