Back to today’s briefing

Story perspectives

FCA Considers Easing Access to Interest-Only Mortgages

6/25/2025

23 2

Summary

Story summary

The Financial Conduct Authority (FCA) is exploring the possibility of making interest-only mortgages more accessible, aiming to boost home ownership in the UK. Once viewed as risky, these loans could become a practical choice for some, provided borrowers have solid repayment plans. The FCA also advocates for greater flexibility in switching mortgage types.

1 of 1

Story summary

The Financial Conduct Authority (FCA) is exploring the possibility of making interest-only mortgages more accessible, aiming to boost home ownership in the UK. Once viewed as risky, these loans could become a practical choice for some, provided borrowers have solid repayment plans. The FCA also advocates for greater flexibility in switching mortgage types.