To ask the Chancellor of the Exchequer what estimate he has made of the additional income and staff required by the Financial Services Authority if it assumes regulatory responsibility for loans secured on land as (a) first mortgages within the scope of the Council of Mortgage Lenders Code, (b) other loans secured on land with a value over £25,000 and (c) consumer credit loans with a value below £25,000. [81591]

I have asked the Financial Services Authority to carry out this analysis and will take it into account in the review, to be carried out later this year, of whether mortgage advice should be regulated.