Read this article about how property rule changes could help ‘mortgage prisoners’.
The FCA is looking further into mortgage deals which put people in ‘mortgage prisons’ and prevent them from getting a better deal. See this article.
The Financial Conduct Authority (FCA) has agreed with the major banks a scheme to help customers with credit who are affected by Coronavirus. See this article for the full story.
The Guardian recently posted an article which reports on recommendations from the FCA (Financial Conduct Authority) to the government on reforming the rules affecting credit unions to enable them to serve the community more effectively. Click here to view the full article.