The Financial Services Authority (FSA) will face a "difficult challenge"when it comes to regulating certain aspects of the buy-to-let sector, according to head of mortgage policy at the Building Society Association (BSA) Paul Broadhead.

Earlier this week, the Treasury announced that the FSA will have more power to police individuals who carry out buy-to-let transactions - but the BSA representative has indicated that it will be tough to differentiate between mortgages for different types of investor.

Small private landlords - rather than larger limited companies - will be the subject of more regulation as a result of the Treasury's decision.

The National Landlords Association (NLA) chairman David Salusbury recently suggested that the government needs to clamp down on rogue property professionals, who are giving the well-behaved majority a bad name.

Commenting after the organisation's National Conference, he said that the NLA is keen to work with politicians to try and oust unscrupulous landlords from the private rented sector.

Written by Claire Doyle
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Related posts:

  1. AMI welcomes Treasury buy-to-let announcement
  2. BPF call for buy-to-let regulation ‘a limited view’
  3. Future regulation ‘will not hamper reputable landlords’
  4. FSA regulation will improve standards, expert suggests
  5. FSA mortgage lending proposals under scrutiny

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