The Financial Conduct Authority (FCA) oversee the financial services sector of business in the United Kingdom and ensure that customers are treated fairly. With this in mind, they have recently revealed plans to ensure that thousands of so-called ‘mortgage prisoners’ will be relieved of being trapped paying high-interest home loans with unregulated or inactive firms. The FCA have said that they are going to be looking into a change of the affordability checks which may result in allowing those trapped on high-interest-rate home loans being able to swap on to plans that are much more affordable to them. ...
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Happy New Year to you all from Online Mortgage Calculators! Well, it’s the start of a new year, full of promise, hopes and ambitions and it’s also a time where many of us feel we need to declutter and have a sort out. With all this positive energy in mind, it’s a great time to think about how you may be able to save some money on a great new mortgage deal and with bills to settle from Christmas, what better time could the extra money help? If you’re not locked into a mortgage deal at present, ...
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