Mortgages: Are you about to be frozen out of the mortgage market?

Are you about to be frozen out of the mortgage marketA new report has shown that one group, traditionally thought to be nearing the peak of their earnings potential, are at risk of being frozen out of the mortgage market. The problem is due to new rules, known as the Mortgage Market Review (MMR) which was introduced by the Financial Conduct Authority (FCA) earlier this year. The aim of the new rules was to ensure that borrowers could repay the money lent to them. But one of the effects has been to ...