Building Societies Association
The BSA has responded to a number of consultations relevant to the mortgage market.
In January, the FSA published the first of a series of consultation papers following on from the Mortgage Market Review (DP09/03). The first CP (CP10/2), is split into two parts, and details proposals relating to arrears and repossessions and introducing an approved persons regime for mortgage advisors.
The BSA’s response on the arrears issues can be found at via the link below -
and on the approved persons issues -
A Treasury consultation also looked at how investment can be increased in the private rented sector. The BSA’s response can be viewed via the link below -
The BSA has also responded to a Ministry of Justice consultation in relation to the power of sale over an owner occupied property:-
and a further Ministry of Justice consultation on orders for sale in debts regulated by the Consumer Credit Act which can be found at:-
