First-Time Buyers and Retirees ‘Could Gain From Possible Mortgage Rule Changes’

First-time buyers and retirees ‘could gain from possible mortgage rule changes’

The Financial Conduct Authority has launched a discussion paper on the potential benefits and risks of changing mortgage rules.

New mortgage rules could make it easier for renters and self-employed to buy a home - Manchester Evening News

The Financial Conduct Authority has launched a discussion paper on the benefits and risks that changing rules could see

Why the ‘bank of mum and dad’ no longer expects to be paid back

Parents who generously help their kids onto the property ladder could be putting their own retirement at risk, experts warn.

Regulator seeking views on interest-only and shared ownership

The FCA is looking for views on whether it could “better support more interest-only” deals, especially part and part deals.

FCA considers loosening responsible lending rules

The Financial Conduct Authority (FCA) is reviewing mortgage rules and looking for feedback on how to help more people buy homes, including first-time buyers (FTBs), the self-employed and those borrowing into retirement.  The regulator said it is considering changes to responsible lending rules, more flexibility for consumers, and preparing for increased demand for lending later in life. David Geale, executive director for payments and digital fi…

FCA continues mortgage rule review with new consultation – Mortgage Finance Gazette

The Financial Conduct Authority is inviting views on its mortgage rule review, which aims to boost home ownership and support growth.  Those who could benefit from further changes to mortgage rules include first-time buyers, the self-employed and people borrowing into retirement.  This is the second… The post FCA continues mortgage rule review with new consultation appeared first on Mortgage Finance Gazette.