Nearly 80% of APP scam cases start online, says UK Finance
About three-fifths of authorised push payment scam losses last year were reimbursed, according to UK Finance’s annual fraud figures.
Source: aol.co.uk
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Net zero 'risks mortgage crisis for owners of older homes'
Energy efficiency rules could create a new cohort of mortgage prisoners, watchdog warns
Source: telegraph.co.uk
UK Financial Conduct Authority's View Of Green Mortgages - Speech By David Geale, Director Of Retail Banking, Delivered At The London Institute Of Banking & Finance Mortgage Conference
<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’t evolve their support for homeowners to enhance energy efficiency – this is one of...
Source: mondovisione.com
Lenders risk missing net zero targets and Consumer Duty breach with unsuitable green mortgages – FCA
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.
Source: mortgagesolutions.co.uk
Net zero red tape to create new generation of 'mortgage prisoners'
New rules could make much of Britain's aged housing stock unmortgageable
Source: telegraph.co.uk