Home ownership
The following issue updates are available for Home ownership.
Bankruptcy - personal
1 December 2009 | The new rules on personal insolvency were brought in under the Enterprise Act 2002 and came into effect on 1 April 2004. The rules are intended to stimulate enterprise by removing some of the barriers to entrepreneurial risk taking, including reducing the stigma of bankruptcy.
CML Cymru: developments in retail policy and lending
10 June 2009 | This page provides an update on developments in retail policy and lending issues in Wales and the work of the CML Cmyru.
Consumer credit - draft directive
5 November 2009 | This paper provides an overview of the legislative process and key implications for mortgage lenders of the directive on consumer credit, which was published in the Official Journal on 22 May 2008.
Home improvement
17 August 2009 | This update tells you about home improvement loans and the local authority regime for home improvement grants and loans.
Low-cost home-ownership
3 February 2010 | Updated to include details of the new shared ownership leases to be implemented by 6 April 2010. The new leases give lenders additional protection and are an improvement on the existing house and flat shared ownership leases.
Mortgage payment protection insurance (MPPI)
14 October 2009 | This pages sets out the detail of the agreement the industry has reached with the FSA for dealing with recent and possible future changes to policy terms and conditions affecting some MPPI customers.
Payment protection insurance (PPI)
9 March 2010 | This page has been updated to alert members to the FSA's feedback statement and further six-week consultation on PPI complaints handling, published on 9 March. This is a follow up to the FSA consultation of September 2009.
Policy and market developments in Northern Ireland
1 December 2009 | This page provides updates on significant developments in Northern Ireland, including the launch of the Commission for the Future of Housing in Northern Ireland.
Sustainable home-ownership initiative: an overview
2 February 2010 | This overview provides a summary of the the sustainable home-ownership(SUSHO)initiative.
