Fears raised over B2L regulation

Published on

The mooted FSA regulation of buy-to-let has been met with concern from landlord and letting agent bodies.

The National Landlords Association (NLA) is worried that the regulation of buy-to-let will mean increases in the costs of borrowing for landlords.

Although increased protection for smaller, less experienced landlords may be welcome, professional landlords who treat their lettings as a business do not require the same level of protection.

The FSA has proposed that buy-to-let would be brought within the FSA’s regulatory regime thereby, they claim, strengthening oversight arrangements and potentially ‘protecting consumers making investment decisions on property.’

David Salusbury, chairman of the NLA, said: “As with all proposals

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

NatWest improves international property buyers’ mortgage accessibility

UK mortgage brokers can now access NatWest International via the NatWest Broker Portal. This move...

Aspen Bridging promotes senior quartet

Aspen Bridging has made four key strategic senior promotions. The appointments have been made to...

Pluto Finance hires Wales lending director

Pluto Finance has appointed Stephen Ryan as lending director for Wales, strengthening its commitment...

Simplify recruits 82 trainee conveyancers in National Conveyancing Week initiative

Simplify has announced the recruitment of 82 trainee conveyancers as part of its newly...

Other news

NatWest improves international property buyers’ mortgage accessibility

UK mortgage brokers can now access NatWest International via the NatWest Broker Portal. This move...

Aspen Bridging promotes senior quartet

Aspen Bridging has made four key strategic senior promotions. The appointments have been made to...

Pluto Finance hires Wales lending director

Pluto Finance has appointed Stephen Ryan as lending director for Wales, strengthening its commitment...