FCA: Sets out new guidance for mortgage providers
- The FCA has today published new guidance for mortgage lenders and administrators, and small business lenders
- New guidance for mortgage providers and also for lenders taking part in the Coronavirus Business Interruption Loan Scheme
- Mortgage guidance underpins the actions taken by mortgage providers and will give confidence to both consumers and firms
- Small businesses can be confident that their access to funds can be based on how their business has performed in the past and its future prospects
- The FCA will continue to review these measures as the situation develops and also update the guidance appropriately
- The FCA has issued new guidance to firms participating in the Government’s Coronavirus Business Interruption Loan Scheme
