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Financial services regulator warns comparison websites to come clean

The financial services regulator AFM has warned websites which compare difference insurance and financial products to come clean to consumers about how they are funded and how reach their conclusions. At the moment there is a lack of transparency about how the sites operate and how they make their money, the AFM said. The organisation has looked at 40 sites which compare fin...

Banks want to be more flexible on maximum mortgages

Banks and the financial services authority AFM are in talks on relaxing the tough new rules on mortgages, the Telegraaf reports on Friday. The banks want more room to grant higher mortgages in certain cases. Since August 1, house buyers have only been allowed to borrow up to 106% of the price of their home. The limit is making it particularly difficult for the self employ...

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