Written Question·Treasury·UIN 18707
Financial Services: Mortgages
Tabled: 9 December 2024
Answered: 16 December 2024
Question
Nick Timothy
Conservative — West Suffolk
To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of the regulation of mortgage brokers.
Answer
Tulip SiddiqThe Financial Conduct Authority (FCA), which is independent of Government, is responsible for the regulation of mortgage brokers in the UK. Mortgage brokers must either be authorised by the FCA or become an appointed representative of another firm that ha...
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