Housing & mortgage round up: FSA to clamp down on self-cert and interest-only mortgages

Housing & mortgage round upA big week for housing news and indeed the future of the mortgage market. Firstly this week we look at new FSA proposals to clamp down on the worst excesses of the mortgage industry, then an Interest Only ‘timebomb’ which will affect many older homeowners. Finally, we look at the latest house price figures from the Land Registry, did we see a rise of fall in September? FSA to impose tight new rules on Interest Only and Self Certification ...