FIN.

Responsible Lending Changes Implementation Group

The latest meeting of the responsible lending changes implementation group was held on 29 August 2019.  This group discussed the feedback they had received to the consultation launched in March (on facilitating mortgage switches more easily for up-to-date customers).

The meeting discussed communication strategies so that customers would be made aware of the new rules but it was decided that wider views would be beneficial.  A further sub-group has therefore been set up to look at this.

The full summary is available here.

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Caroline Stevenson