Due Diligence

Mortgage Prisoner Amendments Blocked by Treasury

Amendments to the Financial Services Bill written to assist mortgage prisoners were blocked last week by the economic secretary to the treasury. The Financial Conduct Authority (FCA) had proposed new clauses 24, 25 and 26 in order to extend it’s regulatory perimeter allowing it to regulate the management and ownership of a regulated mortgage contract,…

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Due Diligence

Regulatory Predictions for 2021

For much of 2020 the focus for lending regulators has been the coronavirus pandemic and assisting borrowers through the crisis. As we move into the new year that focus is set to continue however there is likely to be the chance for new developments that have been put on hold thanks to the restrictions. The…

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