Mortgage market reformer denied mortgage

SouthLondonUser

Yes, of course it was a commercial decision by the lender.

Yes, of course the fact that she had worked at the FCA has no relevance.

Any more obvious points people feel compelled to stress?

The facile irony, in case it was missed, is that the rules she had a role in designing contributed to a general climate whereby many lenders have become more cautious, in some cases possibly even more cautious than the regulators would have deemed necessary (but, yes, before any one points it out, of course it's a commercial decision each lender must be free to take etc etc etc.). This somewhat contributed to her being denied a mortgage. Would the same have happened without "her" new rules? No one can know for sure. The fact that she did manage to get a mortgage through another broker proves the new rules do not, by themselves, prevent lending to the self-employed.