FLA comment on the FCA’s latest mortgage guidance

Commenting on the FCA’s guidance published today which confirms that mortgage lenders will be able to prioritise support for those customers who most need help, Fiona Hoyle, Head of Consumer and Mortgage Finance at the FLA said: “With most parts of the economy now open for business and more consumers able to resume their usual mortgage payments, the flexibility set out for lenders today is welcome indeed.

“There will certainly be people who will require ongoing support, but lenders can now prioritise these customers and offer solutions specific to their circumstances.”