National News

Clear guidance on mortgages is urgently needed says Vince Cable

Commenting on plans by the Financial Services Authority (FSA) to step up mortgage regulation, Vince Cable said "Some borrowers and lenders have already decided that the housing market has bottomed out and are now piling back in. With unemployment rising and massive uncertainty in the economy this is a very dangerous game to play which is why there needs to be clear guidance on the affordability of mortgages."

20 Oct 2009
View

This website uses cookies

Please select the types of cookies you want to allow.

These are necessary for the website to function properly.
These help us to understand how our visitors use our website.
These allow us to display content from other websites that track you for advertising purposes.