Extra 570,000 mortgage holders ‘at risk of payment shortfall in next two years’

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Some 770,000 households are either at risk of a mortgage shortfall over the next two years or are already behind with payments, according to the Financial Conduct Authority (FCA).

And the FCA has estimated, based on its data, that up to an additional 570,000 mortgage borrowers may be at risk of a payment shortfall over the next two years.