Responsible Lending & Affordability - A Bite-Sized Guide for FCA Authorised Firms

Introduction

Are you confident in your understanding of responsible lending and mortgage affordability?

The UK mortgage landscape is constantly evolving, and ensuring compliance with responsible lending practices is more critical than ever.

Lenders have a clear obligation to protect their clients' financial well-being while navigating complex regulations.

This is a high-priority topic for the FCA, especially in a post-COVID-19 environment and on the back of a ‘cost of living’ crisis where many borrowers might be coming to the end of a favourable, and no longer available, lower fixed rate, leading to challenges with the affordability of continuing to live in their home.

Firms must ensure they have expert knowledge and up-to-date insights.

This short webinar is suitable for lending firms and those who provide relevant professional services to them, particularly compliance professionals, those in operational oversight, risk managers, and the third line of defence.

What You Will Learn

This short webinar will cover the following:

• Responsible lending - definition; key principles
• Regulatory framework - the limitations of income multiples and a better way forward
• Affordability assessment - purpose; key components of an assessment; the importance of accurate information
• Practical examples and case studies
• Thoughts on a monitoring framework

This pre-recorded webinar will be available to view from Friday 5th September 2025

Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.