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What impact will the new Consumer Duty have on the mortgage industry

What impact will the new Consumer Duty have on the mortgage industry
In July 2023, the FCA’s new Consumer Duty will take effect.
Pure Retirement joins Finova’s lending panel

Pure Retirement joins Finova’s lending panel
Lifetime Mortgage Specialists Pure Retirement have joined Finova Payment and Mortgage Services panel.
SoMo joins Finova’s lending panel

SoMo joins Finova’s lending panel
Specialist lending firm Somo has joined Finova's lending panel enabling brokers to access the firm's products including Valuation Only and Second Charge loans.
Everything brokers need to know ahead of the new Consumer Duty

Everything brokers need to know ahead of the new Consumer Duty
While the majority of brokers endeavour to deliver the right products to their clients at all times, the FCA is concerned that not all financial services work well.
Finova launches new product switch functionality within its Apprivo2 origination platform

Finova launches new product switch functionality within its Apprivo2 origination platform
Finova, the UK’s largest cloud-based mortgages and savings software provider, today announces its new product switch functionality within its cloud-first origination platform, Apprivo2.
Lenders should turn to technology ahead of Consumer Duty implementation deadline

Lenders should turn to technology ahead of Consumer Duty implementation deadline
It’s safe to say that 2022 hasn’t come without its fair share of challenges.
Everything lenders need to know ahead of Consumer Duty

Everything lenders need to know ahead of Consumer Duty
Timescales ahead of the new Consumer Duty implementation deadline in July are tight.
Voting open for the British Bank Awards 2023

Voting open for the British Bank Awards 2023
We are delighted to announce that we are sponsoring the ‘Best Building Society’ category at this year’s British Bank Awards.
The mortgage market is in a tangle – we need new tools to fix it

The mortgage market is in a tangle – we need new tools to fix it
If there are any lessons to be gained from 2022 – a turbulent year for the mortgage market to say the least – is the need for dynamic and agile risk-based pricing.
How Broker ID can help lenders better meet the new Consumer Duty Rules

How Broker ID can help lenders better meet the new Consumer Duty Rules
From a lender’s perspective, the ethos for the Consumer Duty rules is that lenders protect their customers to ensure good outcomes are met.