Regulatory AlertsFG18/6: Helping tenants find alternatives to high-cost credit and what this means for social housing landlords
The Financial Conduct Authority issued Finalised Guidance FG18/6 to assist social housing landlords in supporting tenants who use high-cost credit. The guidance outlines practical steps for landlords to identify tenants in financial distress and refer them to suitable alternatives for borrowing. It emphasizes the importance of early intervention to prevent debt escalation and improve tenant wellbeing within social housing.
Share