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Showing 12 to 21 of 93 search results for interest-only%20mortgages.

  1. TR18/1: The fair treatment of existing interest-only mortgage customers

    Thematic reviews Published: 30/01/2018 Last modified: 30/01/2018
    This report shares the findings of our thematic review into the fair treatment of existing interest-only mortgage customers by lenders.
  2. FCA analysis reveals there are fewer than 1 million interest-only mortgages outstanding

    Press Releases Published: 15/08/2023 Last modified: 15/08/2023
    The number of interest-only (750,000) and part-interest-only (245,000) mortgages has halved since 2015, new FCA analysis has found
  3. FCA confirms measures to support closed book and interest-only/part-and-part mortgage borrowers

    Press Releases Published: 23/10/2020 Last modified: 23/10/2020
    The FCA has confirmed the introduction of measures to support some closed book mortgage borrowers, some of whom may be mortgage prisoners.
  4. PS20/11: Removing barriers to intra-group switching and helping borrowers with maturing interest-only and part-and-part mortgages

    Policy statements Published: 23/10/2020 Last modified: 08/09/2021
    We amended our rules on closed mortgage books in October 2020. We also issued temporary new guidance as part of our coronavirus (Covid-19) measures, which will end on 31 October 2021
  5. Guidance for firms supporting their existing mortgage borrowers impacted by the rising cost of living

    Mortgage lenders and intermediaries Statements Published: 07/12/2022 Last modified: 08/12/2022
    The FCA is consulting on draft guidance explaining a range of options firms have to support customers, including varying a contract for forbearance purposes.
  6. How we are using the Consumer Duty

    Published: 01/11/2023 Last modified: 20/02/2024
    How the FCA is using the Consumer Duty to set higher and clearer standards of consumer protection across financial services.
  7. Statistics on retirement interest mortgages - January 2020

    FOI Release Date of Release: 30/01/2020
    FCA provides statistics on retirement interest only mortgages from July 2018 to September 2019
  8. MiFID II Retirement Interest Only Mortgages [pdf]

    Impact assessments Published: 04/07/2018
  9. Interest-only mortgages: act now and talk to your lender [pdf]

    Documents Published: 30/01/2018
    If you have an interest-only mortgage, you need to make plans to repay the capital (the amount you borrowed). If you don’t, you will have a large amount to pay at the end of your mortgage term and may need to sell your home to repay it.
  10. Interest only mortgages - Consumer research (GfK) [pdf]

    External research Published: 02/05/2013 Last modified: 02/05/2013
    Consumer research – consumer strategies for repaying the loan at the end of the mortgage term