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Cash is king in homes market but leaves many unable to buy

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"Mr Williams said the Bank of England should relax the rules to make it easier for people without access to a large cash deposit to get a mortgage"...why didn't anyone else think of this?  Brilliant.

"Mortgage lenders point out that losses from residential property were not a contributory factor in the financial crisis that brought down RBS and HBOS almost a decade ago"...hmmm really?

This article supports the conclusion that the UK residential property market is feeding upon itself...

Its pretty weak reporting...it's basically special pleading by the Intermediary Mortgage Lenders Association. 

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