The Financial Conduct Authority (FCA) has just unveiled important changes to mortgage regulations — and they’re designed to make life easier for borrowers like you.
Here’s what’s changing:
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Easier remortgaging: The new rules make it simpler for homeowners to remortgage, giving you more flexibility to find a better deal.
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Shorter mortgage terms: You’ll now have greater freedom to shorten your mortgage term, potentially saving on overall interest costs.
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Better financial planning: By reducing the risk of repayments stretching into retirement, these changes put you in control of your financial future.
The FCA’s goal is clear: to help you manage your money more effectively while encouraging healthy competition in the mortgage market.
If you’re considering remortgaging or adjusting your current term, now might be the perfect time to explore your options.
