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|CML News & Views: A bumper issue!|
|Thursday, 19 March 2015|
It’s a bumper issue of CML News & Views today, and our director general leads the way in setting out his views on the complex issue of lending into retirement . It’s getting more complicated as people enter the mortgage market later in life – and retire at different ages and with differing needs. We want to identify the issues affecting the (safe) development of lending into retirement and ways of addressing them. As Paul says, this work is a major project for the CML this year – and an important agenda for our times.
Meanwhile, ahead of our submission on Basel capital requirements, we warn of the potentially damaging consequences for key sections of the market, including lending to first-time buyers, buy-to-let and funding of affordable housing. What’s being proposed could be hugely disruptive and, we argue, needs to be reconsidered.
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The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.
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