MSE News: Mortgage regulation tightened by Treasury

Former_MSE_Guy · 26 January 2011 at 2:39PM

This is the discussion thread for the following MSE News Story:

"Measures to increase protection for vulnerable mortgage customers have been announced by the Government today ..."

Read the full story:
Mortgage regulation tightened by Treasury

simon_the_poet · 11 July 2011 at 8:44AM

HI
So is it true then that a second charge mortguage regulated under the consumer credit act can then be sold to an unregulated company and subsequently become unregulated?

Or have i got this all wrong

Simon

simon_the_poet · 11 July 2011 at 10:00AM

What i mean is, prior to April 2008 all laons under 25K where regulated under the CCA (escept first mortguages) or so i thought. After this date all loans are no matter what the value.
So when we talk about unregulated loans are we talking about loans before 2oo8 and over 25k

Is this correct

Simon

MSE News: Mortgage regulation tightened by Treasury

Comments

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free