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General (main property discussion here) - Business as Usual after November 1st ?

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Chris Maybank
Mon 25 Oct 2004
11:04
12 posts

Abbey National have been forced to suspend some mortgages:

http://tinyurl.com/4nso3

"Other major lenders, such as Halifax, Northern Rock and Nationwide have all said that they are ready for business as usual after November 1"

What do new FSA regulations mean to a small time landlord?

Darren Littler
Wed 3 Nov 2004
16:33
3 posts

Essentially, the buy to let market is still unregulated, so no changes. However, if you have buy to lets that your immediate family reside in, then they would be regulated and you will treceive more paperwork. If this is the case then some lenders may not lend on this basis as they may only lend on BTLs and may not want to be regualted under the new regime.

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Forum:General (main property discussion here)
Subject:Business as Usual after November 1st ?
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