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Mortgage market review responsible lending [electronic resource]

By: Language: English Series: FSA Consultation Paper 10/16Publication details: London Financial Service Authority 2010Subject(s): LOC classification:
  • 306 $2 18
Online resources:
Partial contents:
Background and overview -- Affordability assessments -- Product regulation -- Arrears charges - Responsible borrowing, Better informed purchasing, Non-deposit taking lenders -- Annexe 1 Part 1 cost-benefit analysis responsible lending -- Annexe 1 Part 2 High-level cost benefit analysis on current position on interest-only -- Annexe 1 Part 3 Capability statement -- Annexe 2 Arrears charges analysis -- Annexe 3 Responsible lending data pack -- Annexe 4 list of consultation questions
Summary: Responsible borrowing based on an affordability assessment of a borrower's ability to meet mortgage payments are amongst proposals set out in a discussion document aimed at reforming the mortgage market.Summary: Consultation on questions 16 to 22 about interest-only mortgages and questions 33 and 34 about non-deposit taking lenders closes 30 September 2010, all other questions by 16 November 2010.

Background and overview -- Affordability assessments -- Product regulation -- Arrears charges - Responsible borrowing, Better informed purchasing, Non-deposit taking lenders -- Annexe 1 Part 1 cost-benefit analysis responsible lending -- Annexe 1 Part 2 High-level cost benefit analysis on current position on interest-only -- Annexe 1 Part 3 Capability statement -- Annexe 2 Arrears charges analysis -- Annexe 3 Responsible lending data pack -- Annexe 4 list of consultation questions

Responsible borrowing based on an affordability assessment of a borrower's ability to meet mortgage payments are amongst proposals set out in a discussion document aimed at reforming the mortgage market.

Consultation on questions 16 to 22 about interest-only mortgages and questions 33 and 34 about non-deposit taking lenders closes 30 September 2010, all other questions by 16 November 2010.