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Old 10-05-2010, 10:50 AM
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Post Fears for mortgage lending under proposed reform

The Council of Mortgage Lenders (CML) has today warned that proposals by the Financial Services Authority (FSA), to encourage responsible lending, could mean even more buyers are locked out of the market. City Watchdog, the FSA, has previously announced plans to restrict mortgage lending, in a bid to prevent reckless borrowing. The FSA has already [...]

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Old 11-15-2010, 05:02 PM
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Default Re: Fears for mortgage lending under proposed reform

what exactly are the new restrictions?
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