mortgage regulation

FCA sets out steps to support home ownership

10th March 2025 Consumer Lending | #mortgage regulation

The Financial Conduct Authority (FCA) has promised swift action on making mortgages more accessible, with the regulator set to launch a consultation on simplifying rules, as well as alternative approaches to stress testing. The FCA will look at options for making it easier to access options such as remortgaging with a new lender and reducing…

FCA calls on lenders to amend criteria to help mortgage prisoners

30th November 2021 Arrears and Recoveries | #mortgage regulation

The Financial Conduct Authority (FCA) has urged banks and building societies to consider changing lending criteria to help an estimated 47,000 borrowers who could benefit from a cheaper mortgage but are currently unable to move. The regulator’s review of mortgage prisoners found that about 195,000 households have had debts sold on to inactive lenders, with…

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mortgage regulation

FCA sets out steps to support home ownership

FCA calls on lenders to amend criteria to help mortgage prisoners

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