The Financial Services Authority (FSA)

The Financial Services Authority (FSA)
The FSA is an independent body whose sole responsibility is to regulate the UK’s financial services industry.
The FSA has been given significant rule-making, investigatory and enforcement powers by the Government and has three specific strategic aims:
1 – Promoting efficient, orderly & fair markets
2 – Helping retail consumers achieve a fair deal
3 [...]

UK mortgage rates coming down?

UK mortgage rates coming down
It’s been a funny week for mortgages in the UK with 3 of the largest mortgage providers tantalising the markets with competitive rate cuts on their fixed mortgage products.
Nationwide, Abbey & Halifax have all reviewed and cut mortgage rates across their product offering in line with reductions in the financial wholesale [...]

Halifax Mortgages

Halifax Mortgages
Up until the late 90’s the Halifax was the UK’s largest building society. In fact, I remember the day it officially floated on the LSE as my parents got a windfall worth about £3k. To this day I still have a cardcash account, although I haven’t used them for a mortgage just yet.
Halifax are widely renowned as [...]

Online mortgage giant sheds 50 staff

Online mortgage giant sheds 50 staff
Mortgage woes! Unless you’ve been on the moon for the last few months you can’t have failed to notice the turmoil in the worldwide mortgage industry. Yesterday one of the UK’s online mortgage giants officially announced they’ll be saying goodbye to up to 54 staff.
The losses will be made in [...]