Monday, February 2, 2015

BOE granted new powers to reign in house prices

Bank of England: FPC given power to control LTV caps

The Bank of England's Financial Policy Committee (FPC) has been granted powers to control loan-to-value (LTV) and debt-to-income (DTI) ratios with respect to owner-occupied and buy-to-let residential mortgages.

Posted by captblack @ 08:03 PM (2744 views)
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