Financial watchdog removes barriers in a bid to help mortgage prisoners


The Financial Conduct Authority (FCA) has confirmed that it has removed barriers that stop some mortgage customers from finding a cheaper mortgage deal. The new rules allow lenders to use a different and more proportionate affordability assessment for customers who meet certain criteria, such as being up to date with payments under their existing mortgage […]

The post Financial watchdog removes barriers in a bid to help mortgage prisoners appeared first on PropertyWire.



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