Private landlords such as those with buy-to-let mortgages may be wondering how the latest financial regulation proposals will affect them.

Financial website, a news source from The Motley Fool, claims last week's Financial Services Authority Turner Report - prompted by calls for in-depth industry analysis - indicates that buy-to-let mortgages are set to be regulated further.

This would consequently implicate a number of private landlords and, according to the site, there are arguments for and against this type of financial product coming under more scrutiny. states that tighter regulation would not be such a negative thing for landlords as the credit crunch has already restricted product choice in a much greater way.

Indeed, under the proposed new terms, buy-to-let mortgage borrowers would apparently benefit from knowing the advice they receive is from a fully authorised broker.

On the other hand, it is argued that more regulation will burden the borrower with higher fees. However, the website believes these costs would be worthwhile because the changes could have a positive impact on the mortgage market.

Related posts:

  1. Think before leaving your mortgage deal, expert warns
  2. Private landlord claims he is ‘raking it in’
  3. Private landlords ‘need to have sound borrowing requests’
  4. Letting agent regulation ‘good for landlords’
  5. FSA regulation will improve standards, expert suggests

Leave a Reply

You must be logged in to post a comment.