Risk-averse lending has left too many people renting and unable to buy a home, says UK Finance CEO

The ‘risk of regulation’ must be looked at to unlock access to homeownership, says FCA

The right balance of safety and innovation is needed to open access to mortgages and homeownership, Emad Aladhal, director of retail banking at the Financial Conduct Authority (FCA) said. The post The ‘risk of regulation’ must be looked at to unlock access to homeownership, says FCA appeared first on Your Money.

Risk-averse lending has left too many people renting and unable to buy a home, says UK Finance CEO

The risk minimisation approach to mortgage lending may have “gone slightly too far” and created a new risk where people are left renting and unable to buy a home, UK Finance’s David Postings said. The post Risk-averse lending has left too many people renting and unable to buy a home, says UK Finance CEO appeared first on Mortgage Solutions.

Regulation pushed 'too far', says UK Finance chief exec – Mortgage Strategy

UK Finance chief executive officer David Postings suggests that mortgage regulation has “gone slightly too far” and created a further risk. In his speech today, Postings says it risks a situation “where too many people are left renting and unable to buy their new home”. Postings states: “We have created a world