Mortgage 'reform' to 'improve' property market for homebuyers as FCA preps consultation
7 Articles
7 Articles
FCA: 'We'll help property market with more relaxed mortgage rules'
New rules designed to help first-time buyers and retirees access mortgages are set to be introduced next year. The Financial Conduct Authority (FCA) has confirmed earlier announced plans to simplify mortgage lending to make it more flexible and able to help people with “different working patterns and income levels”. Ways that interest-only mortgages could be made available to people in their retirement years, will form a part of the plans. Rule …
UK’s financial watchdog to consult on changes to the mortgage market
UK’s financial watchdog to consult on changes to the mortgage market - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum for discussion and debate of topics of the day. Subscribe for our free daily newsletter.
FCA to consider climate risks, economic abuse and debt consolidation to support vulnerable customers
The Financial Conduct Authority (FCA) has given details on areas for review to enhance support for vulnerable customers in its feedback statement to the Mortgage Rule Review. The post FCA to consider climate risks, economic abuse and debt consolidation to support vulnerable customers appeared first on Mortgage Solutions.
FCA update on proposed mortgage rule changes
In feedback to its Mortgage Rule Review published today, the FCA said it would act at pace to bring forward proposals to support first-time buyers and underserved consumer groups in 2026. The FCA said that in other areas, further exploration of challenges and solutions was… The post FCA update on proposed mortgage rule changes appeared first on Mortgage Finance Gazette.
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