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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.


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