BBA response to FSA CP11/31 Mortgage Market Review: Proposed package of reforms
We welcome the opportunity to respond to this important consultation. BBA members who provide home loans are members of the Council of Mortgage Lenders (CML). The BBA therefore supports the CML response to this consultation and we do not seek to repeat those positions here.
Instead the BBA response addresses the questions in chapter 10 of the consultation in relation to tailoring the new regime for niche products. We focus on the key niche market areas of particular interest to our members, namely bridging finance; HNW lending; business lending.
Please read the full response via the link below.