The UK’s Financial Conduct Authority (FCA) has outlined its intentions to shake up the mortgage market.
The announcement came after a 2019 study by the watchdog found that up to 800,000 people have £ 1,000 left out of their own pockets each year.
The FCA wants to encourage mortgage holders to switch and save
According to a follow-up study published by the FCA this week, poorer and older households cannot switch mortgage providers even when better deals are available …
