Buy-to-Let mortgages consultation (BoE)
March 30, 2016
Bank of England publishes consultation on proposals for regulation of buy-to-let mortgages 29th March 2016.
Underwriting standards for buy-to-let mortgage contracts – CP11/16
This consultation paper (CP) seeks views on a supervisory statement which sets out the Prudential Regulation Authority’s (PRA’s) proposals regarding its expectations of minimum standards that firms should meet when underwriting buy-to-let mortgage contracts. The proposals also include clarification regarding application of the small and medium enterprises (SME) supporting factor on buy-to-let mortgages.
Full details please see the consultation paper CP11/16 on the Bank of England website click here
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