IMLA: We must fight poor practice
John Heron, chairman of the Intermediary Mortgage Lenders Association, spoke of the challenges which lay ahead at the annual IMLA dinner in London last night.
He said: “We must play our part in reinvigorating growth, in providing solutions that help hard pressed consumers to realise their ambition of home ownership and provide a greater supply of better quality homes in the private rented sector for those who cannot or do not want to buy.”
Heron added that to realise a more inclusive and balanced housing market the mortgage industry must help policy makers and regulators identify solutions for borrowers with complex needs like first-time-buyers.
IMLA’s successes this year include the re-launch of IMLA Research, used to explain to government what the developments are in the markets, what challenges it faces and what the future may look like.