Mortgage Advisers Newsletter
The FSA has published its latest edition of the Mortgage Advisers Newsletter. The Newsletter looks at:
- Mortgage quality of advice processes.
- Regulation of home reversions. From 6 April 2007 the FSA starts regulating home reversion plans.
- Mortgage exit administration fees.
Lifetime Mortgages - firms carrying out low volumes of business The FSA has published a letter that it has sent to all regulated firms conducting lifetime mortgage business. The letter is part of the FSAs strategy to address the potential risks to consumers posed by firms that carry out low volumes of such business.