TITLE

FSA should not decide on lending past retirement

PUB. DATE
March 2011
SOURCE
Design Week (Online Edition);3/3/2011, p330
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article offers views of Ray Boulger, senior technical manager at John Charcol Ltd. on lending past retirement. He told the Financial Services Authority, Great Britain not to take decision over the lenders granting a mortgage to borrowers where the loan extends beyond the state pension. According to him, the lenders should check the ability of an applicant to repay by the prediction of future income.
ACCESSION #
79575930

 

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