Tag: UK Finance
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Lenders Continue to Hit Tech Glitches
Hot on the heels of HSBC’s technical issue with the UK Finance Lenders’ Handbook platform, Bank of Ireland have hit a problem with their facility ‘Rightfax’. BOI is currently experiencing technical and connection issues that are impacting their ability to send and receive panel firm requests/information through RightFax. The fault started intermittently from 11am on…
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CQS Dealing with Lenders Policy – What’s the Point?
The primary objective of a Dealing with Lenders Policy is to make it clear that when acting on a purchase or remortgage, the lender is just as much your client as the borrower. Therefore, one has a professional duty to follow their instructions. This is reinforced in the 2022 CQS Core Pratice Managment Standards. When…
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New financial trade association to be named: UK Finance – Representing UK Finance & Banking
The new financial trade association has been named UK Finance – Representing UK Finance & Banking. This was a unanimous decision by the Interim Main Board. The new integrated trade association will bring together member organisations in finance and banking in the UK. UK Finance will integrate the remits, skills and capabilities of six trade…