Carney’s mortgage market changes are a bit of a damp squib

The Bank of England has acted to cool the housing market. But the reforms are unlikely to make any real difference, says Ed Bowsher. Here’s why.

13-12-02-help-to-buy

Osborne's Help-to-Buy scheme is unchanged

Mark Carney's attempt to cool the mortgage market is a bit of damp squib. In most ways, anyway.

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Ed Bowsher

Ed has been a private investor since the mid-90s and has worked as a financial journalist since 2000. He's been employed by several investment websites including Citywire, breakingviews and The Motley Fool, where he was UK editor.

 

Ed mainly invests in technology shares, pharmaceuticals and smaller companies. He's also a big fan of investment trusts.

 

Away from work, Ed is a keen theatre goer and loves all things Canadian.

 

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