This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

UK finance ministry reforms mortgage rules to boost homeownership

( July 15, 2025, 00:02 GMT | Official Statement) -- MLex Summary: Britain's finance ministry is set to cut red tape around mortgage lending to promote home ownership. Details are due ahead of the annual Mansion House address, the UK finance minister's annual speech to the financial services sector. The so-called Leeds Reforms will allow mortgages at over 4.5 times a buyer’s income, following Bank of England recommendations. The changes come alongside the creation of a permanent mortgage guarantee scheme and a review by the Financial Conduct Authority of the mortgage lending market.   Statement follows....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections