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FSA Archive
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Mortgage Lenders May Investigate Homebuyers? Expenditure
Mortgage lenders may soon operate under a new set of rules under which potential homebuyers will be questioned about their spending habits, even regarding alcohol and tobacco. -
FSA Wants New Rules for Buy-to-Let Mortgages
As regulations tighten on bankers and mortgages, buy-to-let mortgages could also come under regulation for the first time. -
Repossession Legal Loophole To Be Closed
A legal loophole allowing lenders to prevent repossessions without lenders going to court will be closed by new government legislation. -
Mortgage Business Could Go to Northern Rock ?Bad Bank?
The appointment of Bradford & Bingley?s Richard Pym as chairman of Northern Rock?s ?bad bank? mortgage arm has increased speculation that B&B?s old mortgage book will follow him. -
Failing Building Societies Talk to FSA
It makes you wonder how safe our building societies are following reports that the West Bromwich is seeking financial help? -
FSA Reports Huge Repossession Increase
The Financial Services Authority has reported an increase in homes being repossessed in 2008 and mortgage arrears.
