Regulation tracker

FCA work touching second charge, bridging and later-life lending: what's open, what's closed and awaiting rules, and what's in force. Dates as the regulator published them.

Checked against the FCA's pages on 16 October 2026

Awaiting policy statementFCA · CP26/18

Mortgage rule review: supporting first-time buyers and underserved consumers

Proposed changes to the mortgage rules for interest-only and part-and-part mortgages, retirement interest-only mortgages, variable and irregular income, foreign currency loans, credit-impaired borrowers and bridging loans.

Next: The FCA expects to publish its feedback and a policy statement in the second half of 2026. It hasn't given a date.

Covers: Bridging, Later life (RIO), Interest-only, Credit impaired

2025DP25/2 discussion paper, then FS25/6 feedback and roadmap
9 June 2026Consultation published
28 July 2026Consultation closed
H2 2026Feedback and policy statement expected

In developmentFCA

Enhancing later life lending

One of three themes from the mortgage rule review that the FCA says it is continuing to develop separately from CP26/18.

Next: No consultation or date published yet.

Covers: Later life

9 June 2026Named as a separate workstream alongside CP26/18

In forceFCA · PS22/9

Consumer Duty

Principle 12 requires firms to act to deliver good outcomes for retail customers, across four outcomes: products and services, price and value, consumer understanding, and consumer support.

Next: In force. See our explainer on what introducers should keep on record.

Covers: Second charge, Bridging, Later life, All retail lending

31 July 2023In force for products open to sale or renewal
31 July 2024In force for closed products

Information only, not advice. Read the regulator's documents before acting. Related: Regulation news, Explained.

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