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Monday, September 28, 2009

The Financial Services Authority could start to regulate BTL Sector

The Financial Services Authority is rumoured to step in and bring BTL financing under it's governance, as part of re-structuring of regulations on Britain’s mortgage market.

Previously BTL mortgage lending has been seen as an investment and left un-regulated by the FSA, unlike homeowner residential mortgages.

More restrictive lending regulations could make life even more difficult for landlords.

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