Today news
About the same in other media
FCA urges lenders to support UK’s 47,000 ‘mortgage prisoners’
Reading now: 702
Banks and building societies have been urged to consider changes to lending criteria to help an estimated 47,000 borrowers who could benefit from a cheaper home loan but are currently unable to move.
A review of “mortgage prisoners” by the Financial Conduct Authority found there were about 195,000 households whose debts had been sold on to inactive lenders and that a quarter of them could save money if they were allowed to switch to a new deal.
However, despite changes that have made it easier for
Read more on theguardian.comAbout this in other media
COVID in Europe: Denmark, Norway and the UK introduce new measures to combat Omicron spread euronews.com /3 years ago
UK urged to tax £3tn windfall from 20 years of soaring house prices theguardian.com /3 years ago
Crypto investors face exclusion from future FCA protection and compensation fnlondon.com /3 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
