Mortgage Marketwatch
Mortgage Solutions One-to-One: BSA’s Paul Broadhead
On the day the FSA published its Mortgage Market Review (MMR) consultation paper, Mortgage Solutions got Paul Broadhead, head of mortgage policy at the Building Societies Association (BSA), into the interview chair to give us his views on the regulator’s proposals.
Broadhead discusses how big an impact this will have on the market and whether restricting how much credit impaired borrowers can access is really a good idea, alongside the potential of lenders relying more on brokers when making affordability assessments and the restrictions facing interest-only deals.
