CML news & views

Issue no. 13 - 13 July 2010

For more than 30 years, low-cost home-ownership has made an enormous contribution to the expansion of owner-occupation. But today how much future does it have, given the funding shortage and the huge pressures on government finances? The time is right for a debate on where we go from here – and how we can fund low-cost home-ownership in the future.

In this issue

Is there a future for low-cost home-ownership?
FSA must also reinforce responsible borrowing
Movers' monthly mortgage payments 'most affordable' for 35 years
N4 Solutions re-joins the CML

Is there a future for low-cost home-ownership?

All the main parties support low-cost home-ownership. Now, we need a debate on how it can be delivered in the future.

FSA must also reinforce responsible borrowing

Responding to today's FSA paper, lenders acknowledge the need for regulatory reform. But the rules must be properly targeted to address the real risks.