Saturday, July 25, 2009

Banks run out of cash to fuel the rally

Banks 'ration mortgages even for five-star home buyers'

There may be plenty of clean credit record people who are willing to provide big deposits and take on huge mortgages, but the banks are running out of money to service them all. In other words - anyone remember the credit crunch? Well it's not gone away.

Posted by tpbeta @ 04:19 PM (631 views)
Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>