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Exploring the FPC’s macro-prudential powers in the buy-to-let mortgage market

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Published on: 04 April 2017

Published by a LexisNexis Financial Services expert

Table of contents

Original news
What is the background to the government proposals?
What were the key proposals contained in the original consultation?
Have any significant changes been made to the proposals as a result of the responses?
What do the proposals mean to firms in practice?
What happens next?
What advice should lawyers be giving to their clients?

Article summary

Financial Services analysis: The Financial Policy Committee (FPC) published its formal response document following a consultation on powers of direction in the buy-to-let mortgage market at the end of November 2016. Katy Ruddell, managing associate, and Rebecca Price, trainee solicitor, both at Farrer & Co LLP, assess the proposals and suggest that once the FPC imposes an initial restriction, subsequent changes may require the lender to revise their lending thresholds on short notice.

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