Over-indebted householders and the lack of affordable housing are challenges high on the FCA’s agenda for the mortgage market.
According to a statement from the City regulator, the UK mortgage market faces a range of challenges to meet the future needs of consumers.
It said: “Regulation is one part of a complex mortgage landscape. The challenges we face require a multi-faceted response from industry, government and regulatory bodies.”
The FCA is set to look at key issues, such as affordable housing, the ageing population and over-indebtedness at its conference for advisers and others in the mortgage market on 7 September, so that it can explore their effect on the future of the mortgage market.
Look out for our in-depth coverage of the FCA’s Mortgage Conference 2015 at the QE2 centre in London, on www.ftadviser.com/fa