Here you will find responses that we have submitted to consultations by government departments and other organisations that are relevant to mortgage lenders and their customers.
Members and associates can also keep up to date with our work in progress on formulating responses to consultations that haven't yet reached their closing date. Please note some content is restricted for members and associates only.
Got an opinion? Let us know. We love to hear from members on "active" responses, so we can reflect views from the whole lending industry.
Search consultation responses
|Consultation title||Consulting body||Summary||Consulting period||Status|
|Transposition of the Fourth Money Laundering Directive||HMT||We share the government's commitment to implementing an effective Anti-Money Laundering and Combating the Financing of Terrorism regime to make the UK financial system a hostile environment for illicit finances.||15/09/16 - 10/11/16||Closed|
|FCA Quarterly Consultation Paper No. 14: CP16/21||FCA||We broadly support the proposals to allow lifetime mortgage consumers to choose to switch to interest roll-up, but note that the borrower must be made fully aware of the risks...||13/09/16 - 02/11/16||Closed|
|Financial Ombudsman Service complaints data publication - a consultation||FOS||It is our view that mortgage complaints should be split into 'advice' and 'administration', and more granular detail be provided to assist more firms to benchmark their activities.||04/10/16 - 01/11/16||Closed|
|Law Commission 13th Programme of Law Reform||Law Com||We do not believe there would be merit in reviewing and restating the duty of care banks, as they already have well-established approaches to treating customers fairly.||14/07/16 - 31/10/16||Closed|
|PRA consultation on the recalibration of Residential Mortgage Risk Weights||PRA||We support the Bank’s objective of a more consistent approach to the estimation of the risk parameters for UK residential mortgage exposures.||31/07/16 - 31/10/16||Closed|
|A New Future for Social Security - consultation on social security in Scotland||SG||The overall principles and operational arrangements envisaged in the consultation appear sensible, reasonable, fair and equitable, and should allow claimants to be treated with dignity and respect.||01/07/16 - 28/10/16||Closed|
|Scottish Parliament call for evidence on draft Budget 2017-18||SP||We note that availability of private funding at competitive rates will be key in delivering the government’s target of 50,000 new affordable homes over the life of the current Parliament.||10/10/16 - 24/10/16||Closed|
|Solicitors Regulation Authority (SRA) Accounts Rules review||SRA||We note that the change to the definition of client money to allow money for fees and disbursements to be treated as firm money will need to be clearly explained...||01/06/16 - 21/09/16||Closed|
|Solicitors Regulation Authority review of Handbook and regulatory approach||SRA||We welcome the intention to provide guidance in the form of toolkits and case studies, but this will need to be supported by strong supervision and enforcement.||01/06/16 - 21/09/16||Closed|
|House of Lords call for evidence on financial exclusion||We welcome this initiative to build understanding of financial exclusion from first principles. Our comments focus on how the industry supports customers on lower incomes or who are financially vulnerable.||22/07/16 - 14/09/16||Closed|