The UK mortgage market taking a longer-term view
Language: English Publication details: London TSO 2004Uniform titles:- The Miles review
- 332.63244
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 125725-2001 |
The final report of the Miles review investigates ways to improve the UK mortgage market. Section one sets out the scope of the review; section two considers optimal mortgage choice; section three summarises the potential macroeconomic implications of more long term fixed lending; and sections four to seven outline recommendations. The recommendations fall into two groups: those aimed at improving advice and information that borrowers receive and at creating a fairer pricing structure; and those aimed at helping lenders fund mortgages and handle risk in the most cost effective way. Annexes include a guide to giving mortgage advice and a statistical analysis of base rate changes. References. View at www.hm-treasury.gov.uk.