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FCA Mortgages Market Study

The FCA has now published its interim report on the Mortgages Market Study. The study reviews the UK first-charge residential mortgage market and assesses the impact of changes brought in under the Mortgage Market Review. The interim report discusses a ... read more

FCA told to justify mortgage cost data

The Financial Conduct Authority was asked to justify its mortgage cost comparison data from its recent market study at today's (16 May) Financial Services Expo Manchester event. The regulator was accused of not taking into account the full client and ... read more

FCA report suggests competitive mortgage market not good for everyone

The Financial Conduct Authority (FCA) has claimed that 30,000 borrowers are currently in a mortgage prison unable to switch to a cheaper mortgage deal. The changes to lenders’ affordability stress-tests has meant thousands of borrowers are currently ... read more

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FCA under fire at FSE over Mortgages Market Study ‘cheaper deal’ analysis

The Financial Conduct Authority was repeatedly asked to justify its mortgage cost comparison data from the Mortgages Market Study Interim Report at the Financial Services Expo Manchester event, according to reports. The regulator was challenged to explain ... read more

FCA to provide first mortgage study update at FSE Manchester

"The addition of this seminar session - to be delivered by representatives from the regulator on the Mortgages Market Study - is a real coup for the event" The FCA will be providing its first update to the industry on its Mortgages Market Study at this ... read more

FCA seeks to set free 'mortgage prisoners'

The findings are part of an interim report by the FCA into the mortgage market which found that around 30% of customers are failing to find the cheapest mortgage for them, typically overpaying by £550 a year over the introductory period of the loan. read more

FCA Plans To Help Borrowers Escape Bad Mortgage Deals

But it also warned, in an interim report into the market, that reforms are needed to help longstanding customers who are trapped in their existing deals to break free. The FCA estimates that 30,000 mortgage-holders are stuck in this position. Most of them ... read more

FCA calls for more innovation to help consumers find the best mortgage deal

The Financial Conduct Authority (FCA) has published its interim report into the mortgage market. The FCA found that competition in the mortgage market is working well for many people. The FCA has identified a number of ways in which the market could work ... read more

FCA to speak on Mortgages Market Study at Manchester FSE

The Financial Conduct Authority (FCA) will be speaking on its latest Mortgages Market Study paper at this year’s Financial Services Expo (FSE) in Manchester this week. Following the publication of its Mortgages Market Study – Interim Report earlier ... read more

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