The Financial Conduct Authority (FCA) will be providing its first update to the industry on its Mortgages Market Study at this year’s Financial Services Expo (FSE) Manchester, which takes place on Wednesday.
Following the publication of its ‘Mortgages Market Study – Interim Report’ earlier this month, Graeme McLean (head of banking, lending & distribution policy) and Matthew Ward (manager, wholesale & investments competition) at the regulator will be addressing delegates and answering questions at FSE Manchester – being held once again next week at The Emirates – Old Trafford at the Lancashire County Cricket Club.
The seminar session, entitled ‘FCA update on the Mortgage Market Study’ will provide further detail on the Interim Report, the regulator’s thinking on a key number of areas, and provide adviser attendees with the chance to ask questions of the two representatives.
The FCA session has been added to the full seminar programme. Sessions on the day are:
- Later life lending panel debate – Chaired by David Burrows of the Equity Release Council, the debate will feature Dean Mirfin (Key Retirement), Steve Cox (Hodge Lifetime), Gary Webster (Equity Release Partners) and Paul Carter (Pure Retirement).
- Life outside the M25 residential panel debate – Four mainstream lender representatives discuss the opportunities for advisers. Taking part are: Charles McDowell (Aldermore), Richard Tugwell (Together), Dave Rogers (Barclays) and Ian Andrew (Nationwide Building Society).
- Buy-to-let – David Whittaker (Mortgages for Business) and Adrian Moloney (One Savings Bank) provide two views on the changes taking place in the sector and how advisers can support their buy-to-let clients.
The exhibition will also include the FSE Academy – a series of educational seminar sessions for advisers focusing at areas of regulatory and business change. There are three presentations taking place within the Academy – they are:
- Buy-to-let regulatory changes – Scott Phillips (Kent Reliance for Intermediaries).
- Taking notice of GDPR – Suzanne Chadwick (Sesame).
- Opportunities for professional landlords to diversify their portfolios – Marc Turner (Interbay Commercial).
James Prosser, managing director of Front Events, organisers of FSE Manchester, said: “The addition of this seminar session – to be delivered by representatives from the regulator on the Mortgages Market Study – is a real coup for the event, and provides another reason to visit FSE Manchester next week. The Study’s Interim Report provides plenty of measures and proposals which are likely to have a significant impact on the mortgage broker market, and therefore it’s only right and proper that the regulator comes to FSE to discuss this further and to take questions from our audience.
“This Study could potentially pave the way for some game-changing developments in the mortgage advisory space, and it’s important that our delegates understand what the FCA is seeking to do, and to give the regulator their views on whether any measures that come out of the Study are likely to herald either threats or opportunities.
“Alongside our already full seminar programme and the large number of exhibitors available to delegates, FSE Manchester promises to be an event not to be missed, and we would urge all those advisers in the North to attend on Wednesday and have their say on the plans the regulator has for the mortgage market.”