{"id":137809,"date":"2023-06-23T23:36:39","date_gmt":"2023-06-23T16:36:39","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-pressures-will-not-tip-uk-into-wave-of-repossessions-fca-says\/"},"modified":"2023-06-23T23:59:16","modified_gmt":"2023-06-23T16:59:16","slug":"mortgage-pressures-will-not-tip-uk-into-wave-of-repossessions-fca-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-pressures-will-not-tip-uk-into-wave-of-repossessions-fca-says\/","title":{"rendered":"Mortgage pressures will not tip UK into wave of repossessions, FCA says"},"content":{"rendered":"


\nAfter a meeting between Jeremy Hunt and bankers at No 10, Nikhil Rathi says there will be \u2018no repeat\u2019 of 2008Mounting mortgage pressures will not tip Britain into the tidal waves of repossessions witnessed in recent financial crises, the head of the City watchdog insisted after an emergency meeting with the chancellor and bankers at No 10.Nikhil Rathi, the chief executive of the Financial Conduct Authority (FCA), said while households were increasingly worried about how to cope with higher debt payments, lenders would not act hastily. Continue reading…
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\nSource : theguardian.com
\nRead more…Mortgage pressures will not tip UK into wave of repossessions, FCA says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

After a meeting between Jeremy Hunt and bankers at No 10, Nikhil Rathi says there...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-137809","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-zQJ","jetpack-related-posts":[{"id":156483,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rules-that-protect-uk-homeowners-from-repossessions-may-be-scrapped\/","url_meta":{"origin":137809,"position":0},"title":"Rules that protect UK homeowners from repossessions may be scrapped","date":"June 26, 2025","format":false,"excerpt":"\r FCA boss says mortgage charter up for review amid pressure from the chancellor to remove red tape for firmsBusiness live \u2013 latest updatesThe City watchdog is considering scrapping rules meant to protect struggling homeowners from having their homes repossessed, in the latest sign of regulators reacting to pressure from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116603,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-payment-holiday-extended-by-three-months\/","url_meta":{"origin":137809,"position":1},"title":"UK mortgage payment holiday extended by three months","date":"May 22, 2020","format":false,"excerpt":"\r Treasury also extends ban on home repossessions to 31 October amid Covid-19 crisisCoronavirus \u2013 latest updatesSee all our coronavirus coverageThe government has extended its mortgage payment holiday scheme by three months and the ban on home repossessions until the end of October.More than 1.8 million homeowners have taken a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87089,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-buyers-need-more-help-to-find-cheaper-mortgage-deals-says-fca\/","url_meta":{"origin":137809,"position":2},"title":"UK buyers need more help to find cheaper mortgage deals, says FCA","date":"May 4, 2018","format":false,"excerpt":"\r City regulator suggests making it easier to shop around could save 1 in 3 borrowers \u00a3550 a yearPlans to make it easier for mortgage borrowers to shop around have been proposed by the City regulator, after it found nearly one in three people fail to find the cheapest deal.The\u2026","rel":"","context":"In "Property 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News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37842,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-to-review-close-relationships-in-mortgage-market\/","url_meta":{"origin":137809,"position":4},"title":"FCA to review 'close relationships' in mortgage market","date":"December 12, 2016","format":false,"excerpt":"\r Sweeping study will look at ties between lenders, brokers, estate agents and price comparison websites to see if consumers are getting the best dealsBritain\u2019s financial watchdog has launched a review of the mortgage market that will probe the \u201cinducements\u201d routinely paid to brokers and other industry players, to see\u2026","rel":"","context":"In "Property 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