Paradigm Calls for Mandatory Advice for All First-Time Buyers

Paradigm calls for mandatory regulated advice for first-time buyers

Paradigm Mortgage Services has called for mandatory mortgage advice for all first-time buyers, arguing the move would represent a “proportionate, evidence-based evolution” of regulation under Consumer Duty. The calls were published in a discussion paper, which has been launched following recent FCA regulatory changes, including… The post Paradigm calls for mandatory regulated advice for first-time buyers appeared first on Mortgage Finance Gazett…

Paradigm calls for mandatory advice for all first-time buyers

Paradigm Mortgage Services has urged that regulated mortgage advice should be a requirement for all first-time buyers in a new discussion paper. The post Paradigm calls for mandatory advice for all first-time buyers appeared first on Mortgage Solutions.

Paradigm Mortgage Services calls for mandatory regulated advice for all first-time buyers

Paradigm Mortgage Services has today published a new discussion paper calling for mandatory mortgage advice for all first-time buyers, arguing the move would represent a “proportionate, evidence-based evolution” of regulation under Consumer Duty. The paper, entitled ‘Mandatory Mortgage Advice for First-Time Buyers: A Proportionate Regulatory Evolution Under Consumer Duty’ – which has already received support from mortgage stakeholders – has been…

Paradigm Mortgage Services calls for mandatory regulated advice for all FTBs

Paradigm said the expanded execution-only mortgage pathways, the removal of prompts to advice, and evidence of consumer vulnerability have created a clear point for regulatory change.