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UK's Osborne says BOE likely to get the powers it wants for stricter mortgage controls

Discussion in 'Market News' started by ForexLive, Oct 22, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    UK fin min in comments out just now to parliament - we are in the process of granting the BOE further powers over buy-to-let mortgages - consultation is about how the BOE should have the powers it has asked for The BOE received authority last year to tighten up UK mortgage applications in a bid to stem house price rises thus reducing need to raise interest rates

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