CML news & views

Issue no. 21 - 1 November 2011

Housing minister Grant Shapps recently spoke out in favour of more long-term fixed-rate mortgages. Today, we examine some of the challenges in delivering them in a way that is attractive to consumers. We also look at international underwriting standards, welfare reform and how to address the housing shortage.

In this issue

Long-term fixed-rate loans: the challenges for lenders
Debate begins on international underwriting standards
New report asks: how can we pay for the housing we need?
Lenders, landlords and tenants united on housing benefit

Long-term fixed-rate loans: the challenges for lenders

Housing minister Grant Shapps spoke out recently in favour of more long-term fixed-rate borrowing. It’s not a new idea, but perhaps a good one – for some consumers, at least. But costs – and therefore pricing – are key issues.

Debate begins on international underwriting standards

Lenders hope the Treasury, FSA and firms can sign up to a joint response on Financial Stability Board proposals.

New report asks: how can we pay for the housing we need?

A new report estimates that the UK needs to build almost four million homes in the next 15 years to satisfy demand. That presents a major funding challenge for government, housing associations and lenders.