Jump to content
House Price Crash Forum

Search the Community

Showing results for tags 'Basel 3'.

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


  • House Prices
    • House prices and the economy
    • Regional House Prices
    • All about renting
    • Anecdotals
    • All about self-build
    • All about buying, selling and mortgages
    • The classics
    • Market psychology
    • Economics
    • House Price Crash photo gallery
  • Current Affairs
    • Current affairs
    • Politics
    • Living overseas
  • Investment
    • Cash ISA's and Savings Accounts
    • Investment in general
    • Financial markets
    • Overseas property investment
    • Gold and other precious metals
  • About housepricecrash.co.uk
    • housepricecrash.co.uk in the media
    • About housepricecrash.co.uk
    • Ideas and Suggestions for Admin
    • Wiki Discussions/Ideas
  • Trolls
    • Troll sub-forum
  • Off Topic
    • The off-topic forum

Find results in...

Find results that contain...

Date Created

  • Start


Last Updated

  • Start


Filter by number of...


  • Start





Website URL






About Me

Found 2 results

  1. Here's what I think - A goodbye to all that buy-to-let And good riddance too. Sell now, sell everything.
  2. Interesting piece in the FT on Wednesday, google for "UK’s financial regulators move to boost challenger banks", and it minded me to start a thread where all the Basel Committee on Banking Supervision Revisions to the Standardised Approach for credit risk stuff can live. A quotation from Andrew Bailey where he makes the argument that the current risk-weights are pushing the challengers into the "racier" end of the market and an allusion to the fact that in the past that has ended badly. It's interesting how the challenger banks got so balls deep in BTL so quickly, so now you have the ridiculous situation that Basel risk-weights which are, at least in part, supposed reduce the systemic threat from pro-cyclical lending into real estate are shaping up to form a systemic threat to our challenger banks (because they've bet the ranch on BTL). I think that reading between the lines is called for, but on balance the remarks attributed to Bailey in the piece are consistent with the Bank of England taking a pretty dim view of BTL and having their face set against it. In my reading Bailey seems to be suggesting that the challengers need to be allowed to compete with the big banks on prime lending, not that they need to be allowed to lend like idiots to anything with a 25% deposit and a heartfelt desire to be a landlord. Both in the immediate wake of the release of the consultation paper in December and to this day there has been no explicit statement from the Bank of England indicating that they are against fairly punitive risk-weights landing on BTL mortgage books. The refrain has always been that there need be no increase in capital requirements in the system as a whole, (but that is consistent with a trimming of capital requirements against some lending whilst making them more stringent for other classes of lending). At this stage there remain grounds for optimism that in due course BCBS risk-weights may put pressure on BTL mortgage rates.
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.