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FSA's new mortgage proposals

Series: Financial Services Authority Press Release ; (084) 12 August 2002, (2)Publication details: 2002Subject(s): Summary: The regulation of mortgage sales is on the agenda as the Financial Services Authority consults on proposals for regulating mortgage sales following the Treasury's decision to extend the FSA's powers to include mortgage advice. Mortgages covered include those taken out by an individual trustee but the regime does not cover second charge loans. For FSA News Release: http://www.fsa.gov.uk/pubs/press/2002/084.html

The regulation of mortgage sales is on the agenda as the Financial Services Authority consults on proposals for regulating mortgage sales following the Treasury's decision to extend the FSA's powers to include mortgage advice. Mortgages covered include those taken out by an individual trustee but the regime does not cover second charge loans. For FSA News Release: http://www.fsa.gov.uk/pubs/press/2002/084.html