Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Vicky Shaw

BIZARRE: Regulator pledges swift action to support home ownership - What They Never Told You

FCA chief executive Nikhil Rathi said firms have the flexibility to help more people become homeowners (Jonathan Brady/PA) - (PA Archive)

The City regulator has promised “swift action” to look at ways to make it easier to access a mortgage, including a public discussion on the future of the market to be launched this summer.

In May, the Financial Conduct Authority (FCA) will launch a consultation proposing early ideas to simplify rules, to make it easier to access options such as remortgaging with a new lender and reducing a mortgage term.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.