New housing measures with 'minimal effect' announced

ITV News Economics Editor Richard Edgar reports:

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Bank of England announces measures for the housing market - but with "minimal effect" for now

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"If you could get a mortgage yesterday, you can get a mortgage today," Governor Mark Carney says. Today's changes are an insurance policy

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Bank of England curbs riskier mortgage lending

The Bank of England has moved to put curbs on riskier mortgage lending with a new cap on home loans and stronger checks to make sure borrowers can afford their repayments.