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The Independent UK
The Independent UK
Business
Vicky Shaw

First-time buyers and retirees set to gain from possible mortgage rule changes

The UK’s financial watchdog has initiated a significant review into mortgage regulations, potentially easing access to homeownership for first-time buyers, those borrowing into retirement, and the self-employed.

The Financial Conduct Authority (FCA) has launched a discussion paper, marking the start of a "public conversation" aimed at exploring the benefits and risks of amending current mortgage rules.

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