Page 4 - David Postings News Today

About three-fifths of authorised push payment scam losses last year were reimbursed, according to UK Finance’s annual fraud figures.

Energy efficiency rules could create a new cohort of mortgage prisoners, watchdog warns

<h2>Highlights</h2>
<ul>
<li>Green mortgages have a growing role to play in decarbonising the UK’s housing stock by helping borrowers to improve the energy efficiency of their homes.</li>
<li>This is a systemic issue, and every part of the housing value chain has a role to play – including mortgage lenders and brokers.</li>
<li>Lenders risk missing their decarbonisation targets if they don&amp...

Lenders could fail to meet net zero targets and find themselves in breach of Consumer Duty rules depending on how they develop and market green mortgage products.

New rules could make much of Britain's aged housing stock unmortgageable

Plus: Inside the weekend from hell for start-up Britain

Britains banks are proactively helping customers hit by the cost of living crisis, but implementing a new "consumer duty" on time could exclude vulnerable consumers from help, banking industry body

Britains banks are proactively helping customers hit by the cost of living crisis, but implementing a new "consumer duty" on time could exclude vulnerable consumers from help, banking industry body

UK Finance has called for a “strategic reset” on net zero homes in its latest report which proposes action to achieve a net zero housing stock in the UK. The report states that UK homes remain the least energy efficient in Europe, with the heating of homes representing 14% of the country’s total carbon emissions.  UK

The Financial Times reports that new chancellor Jeremy Hunt is considering raising a windfall tax on energy companies and banks. He is said to have told a cabinet meeting on Tuesday, 18 October, that ministers will need to make tough spending cut decisions in his effort to appease a jittery market. An influx of cash