Hi,
Does anyone know what the effective date will be for the proposed new rules? The wording on the consultation paper seemed to imply an early January effective date. However there were a fair number of responses to the CP and varying amounts of commentary from ministers and lobby groups which had different views on the proposed rules. I wonder whether this will have an impact of when the rules, and the wording of those rules, will come in to force.
I have a vested interest in that I am looking to move house in the first half of next year and the 20% deposit requirement will likely delay our plans.
Thanks
R