October 20, 2009 | 
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The Financial Services Authority (FSA) yesterday announced proposals for new regulations in an attempt to minimise the repeat of the housing market bubble of 2007.
The Key proposal is the banning of self-certified mortgages, which as of last week had naturally stopped when Nationwide closed it’s final self certified product.
Positive for property developers is that they have not decided to regulate on the loan-to-value that banks can provide. Read the full BBC story.
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Categories: News |
Tags: Financial Services Authority, FSA, News | 
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