Regulatory Alerts2025-06-24
Added · Updated
Mortgage Rule Review: Feedback to DP25/2 and Roadmap
The document outlines a roadmap for reviewing mortgage rules, prioritizing actions across four themes: expanding access for first-time buyers and underserved groups, enhancing later life lending, enabling innovation, and protecting vulnerable consumers. Specific proposed changes include updating high loan-to-income ratio requirements following a Financial Policy Committee recommendation, revising interest-only lending standards regarding credible repayment strategies and part interest-only mortgages, and simplifying foreign currency lending rules. The regulator intends to publish consultation papers in 2026 to formalize these proposals.
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