The Financial Conduct Authority (FCA) has begun tracking intermediaries' and lenders' progress towards implementing new rules following the Mortgage Market Review (MMR).
Hundreds of thousands of interest-only mortgage borrowers whose deals mature before 2020 are likely to face a funding shortfall, according to estimates produced for the Financial Conduct Authority (FCA).
So the year has started off with a glimmer of good news - gross mortgage lending is forecast to increase again this year.
Trying to broker a mortgage case in this era of regulatory and lender scrutiny is almost as frightening as a Freddy Krueger movie, but there is one reason why you should never be afraid, writes Prolific Mortgages managing director Lea Karasavvas.
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