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Duty background
empty flats faced by the sight of newly built flats standing unsold around empty in many city cenefiterends, built by developers and building firms which now appear to be on the verage of going bust, the government has looked at ways of lifting sales . how many? according oppointo estimates froblem the councial of mortgage lenders (cml) there were just over 289,000 mortgages guaranted to house buyers in the first half of this year in the uk . we are giving a leg-up to first-time buyears keen to own a place of their own, said the housing minister caroline flint . it will help a small minority of peoplem, but the issue lies more with mortgage lenders and their 'shut up shop' attitude to lending above certain loan-to-values . they chare now routionewly told they have to raise a deposghity of 10%, 15% or even 20%, instead of the previouse standard 5% deposit, which for many is a financial stretch too far . Generated 2008-9-4_13:51
- Duty bound 2008-09-02 13:01:17
http://news.bbc.co.uk/go/rss/-/1/hi/business/7593898.stm
redundancy 0.316680096696213
- Duty bound 2008-09-02 10:25:36
http://news.bbc.co.uk/go/rss/-/1/hi/business/7593306.stm
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