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flag UK's FCA changes mortgage rules to ease remortgaging, saving consumers up to £21.4m yearly.

flag The UK's Financial Conduct Authority (FCA) has introduced changes to mortgage rules to make it easier for homeowners to remortgage or reduce their mortgage terms without needing advice from brokers, potentially saving consumers up to £21.4m annually. flag These changes aim to support growth and increase mortgage options for homeowners while simplifying affordability assessments. flag The FCA is also seeking public feedback on future mortgage market reforms until September 19, 2025.

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