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What shocking statement did the FCA's executive director make during the committee session?

Sheldon Mills, the FCA's executive director for consumers and competition, stated that the FCA had only become aware of the leasehold insurance concerns shortly before being prompted by Michael Gove to initiate an investigation.

 

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Meet our Expert Property Commentators

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Helpdesk Support Manager
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Mary-Anne Bowring
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Group Managing Director
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Steve Norman
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Planning Director
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Ian barber
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Jon Curtis
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Kate Robinson
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MTPI MD Blocks/FM Management (London Region)
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Lee Harle
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What shocking statement did the FCA's executive director make during the committee session?

Sheldon Mills, the FCA's executive director for consumers and competition, stated that the FCA had only become aware of the leasehold insurance concerns shortly before being prompted by Michael Gove to initiate an investigation.

 

Valuation Services provided by The Ringley Group

homepage - operational living sector experts - btr living section image
Bank Valuations
homepage - operational living sector experts - block management image
Development Valuations
homepage - operational living sector experts - professional services image
Rent Reviews
homepage - operational living sector experts - commercial and coworking image
Tax Valuations
homepage - operational living sector experts - proptech it advisory image
Balance Sheet Valuations

Social


Blogs on similar property topics

ASSET MANAGEMENT
First-Time UK Homebuyers Are Spending 40 Percent of Their Net Pay on Mortgage
The leading British mutual financial institution, Nationwide, has warned that the mortgage repayment in terms of proportion of take-home pay is returning to levels that were last seen during the 2008 financial crisis. According to the latest affordability report from Nationwide, first-time buyers are spending 40% of their net pay on mortgages at present based on an 80% loan-to-value mortgage at an interest rate of 5.5%. That figure is way abov...

Read More

ASSET MANAGEMENT
Right to Manage - we show you how
Right to Manage (RTM) is a legal process that allows leaseholders to take control of their building’s management without proving fault. Under the Commonhold and Leasehold Reform Act 2002, leaseholders who meet the required criteria can collectively manage their property, giving them greater control over maintenance, service charges, and managing agents.

Read More

ASSET MANAGEMENT
Life In Coventry: The Neighborhood Guide
Located in the heart of the Midlands, Coventry is a diverse city surrounded by the Warwickshire countryside. It offers quick and easy access to popular UK cities and has some world-class attractions. It also has a thriving food scene, giving food lovers another reason to settle in Coventry. Over the past few years, the city has seen a surge in the number of people looking for homes because, apart from the other facilities, Coventry also offers...

Read More


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ASSET MANAGEMENT
First-Time UK Homebuyers Are Spending 40 Percent of Their Net Pay on Mortgage

Read

ASSET MANAGEMENT
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Read

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Read

Meet our Expert Property Commentators

Mary-Anne Bowring FTPI FRICS FARLA FCABE Founder/Head of Asset Management

Strategic partnerships, holistic delivery/ opportunities, growth, value engineering, thought leadership

Ian Barber MD BTR Mobilisation & Leasing

Runs HQ & site lease-up teams. Drives rent pricing, mobilisation, marketing, happy residents!

Jon Curtis MRICS Head of Building Engineering

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Lee Harle Partner Ringley Law

Plot conveyancing. Debt litigation. Group Company Secretary.

Anthony Kingdon MIRPM AssocRICS MD Blocks/FM Management (North Region)

Stakeholder engagement. Mixed tenure specialist. Budget management. Plant audit, PPM compliance.

Chris Georgalis MRICS Head of Commercial Valuation

Chartered Valuer. Rental valuations: retail, leisure. IRR modelling and valuations for secured lending. Compulsory purchase & rent reviews

Nichola Pughe MRICS Head of Residential Valuation

Chartered Valuer. Rental development & mixed use valuations, IRR modelling. Leasehold enfranchisement specialist

Natalie Birmingham Helpdesk Support Manager

Trainer & Helpdesk Manager: people, systems,contractors. ISO45001 supply chain accreditation.

Steve Norman Planning Director

Land due diligence (opportunities & constraints) Has contributed to a number of award winning schemes.