- And will adjust tools as necessary
- Will look closer at underwriting standards in leveraged lending markets given signs of weakening
- One member said shortage of housing stock not a main driver of price rises in other countries
- Most members considered shortage of housing as main underlying reason for price rises
- Considered setting stricter LTI cap than 4.5 times income but allowing more mortgages at that level
Details from the June Financial policy committee meeting minutes, of which we already know the main details. Reuters also note that they released details of previously withheld contingency plans and discussions in response to the possible break up of the eurozone in 2011. When I get a mo I’ll have a look and see if there’s anything worthwhile in the notes
