On 8 October 2021, there was published the Financial Policy Summary and Record of the Financial Policy Committee (FPC) meeting on 23 September 2021.

Among other things the document notes that the FPC is maintaining the UK countercyclical capital buffer (CCyB) rate at 0%. The FPC has previously stated that it expects to maintain a 0% UK CCyB rate until at least December 2021. The document also notes that the FPC has recommendations in place which limit a deterioration in mortgage underwriting standards or a rapid build-up in the share of highly indebted households. The FPC is due to finalise its review of the calibration of its mortgage market recommendations in December 2021.