New housing measures with 'minimal effect' announced

ITV News Economics Editor Richard Edgar reports:


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


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


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.