The FCA Plans to Free ‘Mortgage Prisoners’
https://kindconsultancy.com/wp-content/uploads/2018/05/people-1099801_1920-1024x713.jpg 1024 713 Kind Consultancy Kind Consultancy https://kindconsultancy.com/wp-content/uploads/2018/05/people-1099801_1920-1024x713.jpgThe FCA’s long-delayed interim Mortgage Market report was finally published last week, and one key finding has spawned gloomy headlines; the UK has roughly 150,000 “mortgage prisoners”. These are people ‘trapped’ in expensive mortgages who are unable to move to a better deal because of the stricter affordability checks brought in back in 2014. The…
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