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Financial Services Authority Archive
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House Repossessions Decreasing and Stabilising
The amount of homes that have been repossessed has fallen, showing signs of stabilisation in the market. -
New Rules to Protect Struggling Mortgage Holders
The Financial Services Authority (FSA) has outlined new rules to protect struggling mortgage holders. -
FSA To Introduce New Rules For Sale And Rent Back
The FSA is to bring in new rules to protect owners from being exploited by unscrupulous sale and rent back firms. -
CML – September Mortgages Saw ?Modest Improvement?
Though mortgage lending increased in September to ?12.5 billion, it?s still not close to the figure that was reached 12 months ago. -
Mortgage Caps Bad News for First Time Buyers
The Financial Services Authority (FSA) plans to put a cap on mortgages, a move that does not favour first time buyers. -
FSA Determined to Ban Self-Certification Mortgages
The days of the self-certification mortgage will soon be numbered as the FSA has formed plans to ban them. -
Ex-Northern Rock Pair Fined and Banned
Two ex-Northern Rock directors have been fined and banned by the FSA for malpractices when they were with the bank. -
Self-certification Mortgages to be Banned by FSA
As part of its new rules on mortgages, the FSA is expected to ban self-certification mortgages next week. -
Self-Certification Mortgage Cease As Platform Pulls Out
With Platform planning to stop lending self-certification mortgages soon, they have effectively made such loans disappear for good. -
FSA Won?t Name Lenders Who Treat Customers Unfairly
The consumer group Which? wants lenders who are profiting from home owners facing repossession to be named, but the City Watchdog has refused to do so.
