Each week, the editorial team of Mortgage Solutions will select our highlights of the last seven days in our editor’s picks.
This week, a round-up of the recent British Mortgage and Protection Senate was published. The two-day event welcomed professionals from all across the mortgage and protection sectors to discuss regulatory changes, the development of technology and diversity.
With regards to regulatory changes and possible amendments to legislation, the Prudential Regulation Authority (PRA) released its near-final Basel 3.1 statement, while the government published the Renters’ Rights Bill.
The Basel 3.1 statement detailed how lending rules would change starting from January 2026, with amendments to how properties are valued and improvements to access to finance for SMEs.
Announced in the Renters’ Rights Bill were proposals such as a predicted ban on Section 21 evictions, the extension of Awaab’s Law to the private rental sector (PRS) and an end to bidding on rental properties. Housing Secretary and deputy Prime Minister Angela Rayner said these measures would rid the private rental sector of “unscrupulous landlords”.
Following the announcement of his retirement, the Association of Mortgage Intermediaries (AMI) revealed it was now searching for outgoing chief executive Rob Sinclair’s replacement.
Lastly, continued signs of a pick-up in the mortgage market were present, with data from the Bank of England showing a rise in gross lending volumes in Q2, with a 16.7% annual increase to £60.2bn.
PRA publishes Basel 3.1 statement with updated mortgage lending rules
Section 21 ban and once-a-year rent increases proposed in Renters’ Rights Bill
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
