British Financial Regulator Seeks Changes to Mortgage Rules for Greater Accessibility

05:21 AM EST, 12/15/2025 (MT Newswires) -- The UK's Financial Conduct Authority on Monday proposed mortgage reforms that could widen access to affordable mortgages. The regulator's plan to simplify mortgage rules will focus on allowing more flexible products, reviewing retirement interest-only requirements for greater accessibility, promoting the use of data and artificial intelligence for brokers, and supporting people affected by financial abuse. The regulator expects rule changes to start later in 2026 after a public consultation process.