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Britain's financial watchdog starts home loans competition review

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The Financial Conduct Authority said that it can be challenging for people to compare a vast array of home loans on offer with no consistent terminology for fees and charges.

London

BRITAIN'S financial watchdog said on Wednesday that it has begun a review of the £1.3 trillion (S$2.8 trillion) mortgage market to see if there are areas where competition may not be working well or could be improved.

The regulator's action comes when the British government