Monday, Apr 02, 2007
State of the nation
Credit Action: Debt Facts and Figures - Compiled 2nd April 2007
Amongst the miscellaneous facts and figures...
- 34% of mortgages taken out by home movers in January 2007 were “interest only” mortgages compared with only 12% taken out in June 2003. 27% of these “interest only” mortgages were taken out without a repayment plan specified to repay the capital.
- According to the National Association of Estate Agencies (NAEA) the number of first time buyers were 12.3% of sales in February 2007. (Is that all?)
Posted by wilee @ 07:31 PM (134 views) Add Comment
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