FCA: CP25/11: Mortgage Rule Review: First steps to simplify our rules and increase flexibility
07 May 2025 (UPDATED: 13 Mar 2026)
United Kingdom
1 min read
FCA’s proposals in this consultation are intended to make it easier to: remortgage with a new lender; reduce the overall cost of borrowing through term reductions; discuss options with a firm, whilst still having the option to seek advice if needed. FCA also proposes to retire two pieces of non-Handbook guidance. Responses are required by 4 June 2025.