New mortgage rules to stamp out target-led culture, says uSwitch.com
Michael Ossei, personal finance expert at uSwitch.com, has welcomed the Financial Services Authority’s initiative to stamp out irresponsible lending:
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Building Societies Association comments on new FSA mortgage rules
The Building Societies Association have added their comments to the FSA’s announcement of new mortgage rules slated for 2014.
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CML welcomes clarity on future of mortgage rules
The Council of Mortgage Lenders welcomes the certainty that the FSA’s publication of the final rules under the Mortgage Market Review brings to the market.
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New mortgage rules set for 2014
The Financial Services Authority (FSA) has published new rules that put aim to put common sense at the heart of the mortgage market and to prevent future borrowers ending up with a mortgage they cannot afford.
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The Financial Services Authority (FSA) has published a report that shows most sale and rent back (SRB) transactions were either unaffordable or unsuitable and never should have been sold.
Andy Caton, Corporate Development Director, comments on the mortgage regulation proposals:
The Association of Mortgage Intermediaries (AMI) has today responded to the Financial Services Authorities’ (FSA) publication of its final Mortgage Market Review (MMR) consultation paper.
The Council of Mortgage Lenders welcomes and broadly supports the revised package of proposed reforms published in a consultation paper by the Financial Services Authority.
House price growth remains stable across most of the UK, although prices in London are increasing and prices in Northern Ireland are falling.
New evidence supports Yorkshire Building Society’s findings that more borrowers are choosing to fix their mortgage for the longer term as economic conditions remain uncertain.
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
Research commissioned by specialist buy-to-let lender Paragon Mortgages, has shown a significant regional shift in the rental yields achieved by landlords.
