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Banks can now lend £30,000 more to average mortgage borrower, says FCA boss

Mortgage lenders have said they can now lend around £30,000 more to the average borrower due to changes to affordability rules, the chief executive of the Financial Conduct Authority (FCA) has said. Nikhil Rathi said the changes were judged “a risk ...

04 Nov 2025 at 12:24

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2025

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fair 4 all finance
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finance
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financial inclusion
isa
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nikhil rathi
treasury select committee

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