FCA: PS25/11: Mortgage Rule Review: First steps to simplify our rules and increase flexibility
22 Jul 2025
United Kingdom
1 min read
FCA has published feedback and final rules/guidance. FCA notes that it has removed guidance no longer required, and amended the rules to make it easier to: remortgage with a new lender. reduce the overall cost of borrowing through term reductions, and discuss options with a firm, while still having the option to seek advice if needed. The rule and guidance changes came into effect and the non-Handbook guidance was withdrawn on 22 July 2025.
