Buy to Let Equity Erosion
As long ago as December 2001 John Tiner, the then Managing Director of the FSA, referring to buy to let lending at a CML conference, said “We would not wish to see, for example, a relaxation of loan to value or rental cover without lenders first making a clear analysis of the risks.” Clearly such […]
Unsecured Lending Portfolios
The appetite for purchasing unsecured portfolios such as car loans and personal loans is growing, relative to mortgage loans. One reason for this is simply that investors are finding it hard to source mortgage portfolios because those who were looking to sell are now ‘holders’ of assets because “they have already suffered the pain and […]