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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

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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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