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More risks behind new mortgages

Posted: June 30, 2018 at 10:22 pm   /   by   /   comments (0)

MORTGAGE lenders and borrowers are being forced to take greater risks as property transactions slump because buyers cannot afford sky-high prices. Banks and building societies are lending at higher loan-to-values or maximum income multiples, and loosening criteria to revive the stagnant market.
Daily Express :: Finance Feed

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