Support
The BSA’s call for reform was supported by the Intermediary Mortgage Lenders’ Association with its executive director, Kate Davies, saying: “We welcome the BSA’s timely report and their recommendations for a government review of the market, regulation, and housing policy.
“The UK is an advanced economy which is home to one of the most diverse, competitive and innovative mortgage industries in the world.
“Yet, we are in the midst of a housing crisis, with fewer affording to buy a home, and more renters struggling to secure accommodation.
“There is a viable argument for government-backed first-time buyer support, which must be accompanied by a sustainable plan to deliver more quality, affordable housing on a major scale, in both the private and social sectors.”
tom.dunstan@ft.com
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