Wednesday, February 3, 2010

Sneak preview of the mortgage market in 2014

Lenders warn of massive mortgage crunch

The Council of Mortgage Lenders is getting worried. It says that when government schemes to keep mortgage lending afloat come to an end in 2014, a funding gap of £300bn will open up. It talks of 'rationing of mortgages for customers for many years to come.' Clearly the CML lobbying for more taxpayer support.

Posted by db turner @ 12:15 PM (538 views)
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