White Paper: RSH To Take Up Consumer Regulatory Function

 The government’s long-awaited Social Housing White Paper has outlined a host of changes to the regulatory regime within which social housing providers operate, revolving around a new consumer regulatory function to be delivered by the Regulator of Social Housing (RSH). The document, titled The Charter for Social Housing Residents, sets out that a new consumer regulatory regime should “hold landlords to account” and “build the links between economic and consumer regulation – giving the regulator a full rather than partial view of the landlord”. Establishing the new consumer regulatory function within the existing regulator is therefore seen as the “best approach” to delivering the changes required by tenants while avoiding confusion and complexity. Read more on the Social Housing website.

https://www.socialhousing.co.uk/news/white-paper-rsh-to-take-up-consumer-regulatory-function-that-is-proactive-proportionate-outcome-focused-and-risk-based-68629?utm_source=Housing60&utm_medium=email&utm_content=article_link&utm_campaign=H60

Financial Adviser Wins Appeal Court Ruling On Buy-To-Let Mortgages

A financial specialist has won the latest round of a legal battle with a mortgage company which he says could affect around a million people who own buy-to-let properties. Mark Alexander, a former mortgage broker who has set up an advice website for landlords, says he was unfairly asked to pay more for a buy-to-let mortgage because the West Bromwich Mortgage Company classed him as an investor, not a consumer. He asked Court of Appeal judges to analyse his claim after losing a fight in the High Court. Appeal judges ruled in his favour after analysing evidence at a hearing in London. The West Bromwich had said customers with three or more buy-to-let properties were not ''regarded as consumers''. Read more on the Daily Mail website.