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Mortgage rules could be eased to boost lending

BBC
Summary
Nutrition label

85% Informative

Financial Conduct Authority says it will investigate ways to simplify rules brought in following 2008 financial crisis.

Lenders have welcomed the move, but some analysts and borrowers may question lessons have been learnt from the crisis.

The FCA will also consider whether to scrap the 100 cap on purchases made by contactless cards.

VR Score

90

Informative language

92

Neutral language

58

Article tone

semi-formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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