Mortgage rules overhaul proposed by FCA to expand lending opportunities
Calls for mortgage rule changes have prompted the Financial Conduct Authority (FCA) to launch a series of proposed measures directed at enhancing access to borrowing for older homebuyers, self-employed workers, and first-time buyers. Although over 99% of mortgages originated since 2014 remain on track for successful repayment, escalating property prices, delayed retirement trends, and shifting...