CML news & views

Issue no. 17 - 8 September 2010

The FSA's proposals for regulating interest-only borrowing could herald the end of this type of mortgage. Regrettably, that would restrict choice for groups of consumers for whom interest-only mortgages are a reasonable and sensible option. Today, we look at what the FSA is proposing, and also publish the list of the largest mortgage lenders in 2009.

In this issue

Limiting the availability of interest-only mortgages – in whose interest?
Largest mortgage lenders in 2009
Article analyses the complex issue of mortgage pricing
CML event considers the future of housing

Limiting the availability of interest-only mortgages – in whose interest?

The FSA wants a discussion on interest-only mortgages – but a nervous market has already responded by restricting their availability. That could mean an unnecessarily reduced choice for borrowers. We believe there is a better way forward.

Largest mortgage lenders in 2009

Today, we publish our list of the largest lenders in 2009. It should be seen in the context of wider developments in the lending industry, which – since the credit crunch – has contracted and re-structured significantly.

Article analyses the complex issue of mortgage pricing

Recent claims about the relationship between swap and fixed mortgage rates and lender profitability have sparked controversy. Now, a newly-published article analyses the issues in greater depth.