The FCA is reviewing the mortgage charter protections—currently shielding homeowners from repossession and easing payment options.
If these are removed, it could impact your peace of mind if you hit financial trouble.
The Problem
Loss of the charter means:
- No 12-month repossession grace period
- Reduced ability to switch to interest-only or extend term without checks
- High-risk borrowers facing tougher lending scrutiny
Why It Matters
Even if you’re up to date now, changes in income or unexpected costs could leave you vulnerable—especially without fallback options baked into your mortgage.
The Solution: Mortgage‑Desk’s Resilience Strategies
We’re here to help you proactively adapt:
- Review your mortgage terms and highlight hidden risks
- Plan for rate increases and term extensions before charter removal
- Explore interest-only and repayment-flex hybrids
- Create affordability buffers
What We Can Offer
✅ Mortgage charter risk audit
✅ Flexible planning alternatives
✅ A safety-zone buffer before terms tighten
✅ Expert advice through regulatory shifts
Your Next Step
Let’s future-proof your mortgage – so you stay in control, no matter what changes come.