FT Adviser – Changes to Regulation of Second Charge Mortgages

Historically, second charge mortgages were regulated by The Office of Fair Trading, but as of 1 April 2014 regulation passed to the Financial Conduct Authority, which took up the consumer credit element of the now disbanded body. Matt Tristram, owner and co-founder of Loans Warehouse and Clearly Loans, says the industry is currently in an …

Brokers Urged Not to Ignore the Impact of Second Charge Regulation

The importance of brokers getting to grips with regulatory guidelines concerning the second charge marketplace was firmly underlined by a panel of industry experts at this year’s Financial Services Expo (FSE) London in Old Billingsgate. In a debate on the impact of second-charge lending on the wider financial services marketplace, chaired by Front Events chairman …