Thursday, November 26, 2009

BTL Mortgage FSA Regulation is Inevitable


The FSA regulation on BTL mortgages becomes a case of when, and not if.

Chris Norris,of the National Landlords Association, commented: 'NLA is pleased to see that HM Treasury has recognised that many landlords operate as a business and should not be treated like consumers when seeking finance. However, we still have some concerns about the effect that more regulation could have on the cost and availability of buy-to-let mortgage finance, and on the market’s overall recovery.'

Read more at Citywire

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