View more on these topics

FSA could regulate buy-to-let mortgages

Lord Turner, chairman of the Financial Services Authority says its Mortgage Market Review paper due in September 2009 will consider whether the FSA should regulate secured loans and buy-to-let.

In his report today Turner says as well as looking at whether the FSA should regulate products and put a cap on LTVs, it will also look at the wider mortgage market.

He says: “The paper will also consider whether more effective regulation of the mortgage market, through either tighter conduct rules or direct product regulation, would require the extension of the FSAs remit to cover second charge mortgages and buy-to-let mortgages.”


London plan faces tough challenges

In one of his first forays into the politically charged world of housing in the capital, London mayor Boris Johnson has presented a multimillion pound plan to deliver 3,000 affordable homes to kick-start his First Steps low-cost home ownership initiative.

2017 and the savings landscape…

Anyone who is involved in the world of workplace savings will recognise that the last few months have been rather interesting to say the least. At the start of the year both employers and the pensions industry were braced for major changes to UK pension tax reliefs in the March Budget. Yet shortly before the […]


News and expert analysis straight to your inbox

Sign up