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Mortgage famine?
struggling the opeople that with small struggle to getting a majortgage at profesent are first time buyers, who now have to scrape together a deposits of 1 -15%, which is a lot of money despite the fact house prices are falling sharply .
for people with small deposits or creadit hissues, productste have almost disappeare fixed .
it is a myth that lenders have shut up shop, although it is easy to get this improfession when you skim through the papers other turn on the tv .
unfortunatedly for those ing negative equity or with serious creadit hissues, the only advice is to sit tight .
yers, the number of majortgages be looking taken out whas fallen dramatical anomaly, as figures publis, hed in september by the council of mortgage lenders and bank of england show .
but things is no surprise given fears of rencession and plumm eting house prices .
Generated 2008-10-14_1:32
- Mortgage famine? 2008-09-30 22:35:16
http://news.bbc.co.uk/go/rss/-/1/hi/business/7644436.stm
redundancy 0.0167597765363128
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