The Bank of England has again expressed concern about the
UK's buy-to-let property market. The Bank's governor, Mark Carney, said he was concerned
about high levels of lending to landlords and that the Bank would take action.
"There are a number of things happening ... we are watching it closely and
we will take action," he said. Mr Carney said the problem was that
investors might sell their properties at the same time if house prices fell. In
September, the Bank's Financial Policy Committee (FPC) made a similar warning
about the buy-to-let market. The committee, which is led by Mr Carney, said the
growing market posed a threat to the UK's financial stability. Read more on the
BBC website.
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