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Thursday, December 03, 2015

Dep.Gov of BofE concern over BTL

The Bank of England's Deputy Governor, Sir Jon Cunliffe has added to the growing belief that the bank may soon get powers to regulate the BTL mortgage sector.

Talking to the BBC, the deputy governor warned - 

'action may need to be taken in the buy-to-let market following a sharp rise in the number of investors.'

His comments follows those of a concerned Financial Policy Committee's in this weeks Bank of England December 2015 Financial Stability Report.

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