NewsBot
28-Apr-20, 15:40
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Mortgage lenders are cutting back on home loans as the credit crunch bites
With government telling people not to move house unless they really have to and lenders withdrawing many loan products it is much harder now for many whether they are looking to buy a house or indeed paying mortgage where the low interest deals are coming to an end with consequent increases in the monthly payments. Articles online cover the issues - Homeowners suffer as mortgages vanish Banking giants Halifax and Barclays scrap new mortgage deals unless borrowers have at least a 40% deposit (https://www.thisismoney.co.uk/money/mortgageshome/article-8155585/Halifax-Barclays-scrap-new-mortgages-40-deposit.html) UK lenders to grant 1.2m mortgage deferments. [Read Full Article (https://caithness-business.co.uk/article/10842)]
Mortgage lenders are cutting back on home loans as the credit crunch bites
With government telling people not to move house unless they really have to and lenders withdrawing many loan products it is much harder now for many whether they are looking to buy a house or indeed paying mortgage where the low interest deals are coming to an end with consequent increases in the monthly payments. Articles online cover the issues - Homeowners suffer as mortgages vanish Banking giants Halifax and Barclays scrap new mortgage deals unless borrowers have at least a 40% deposit (https://www.thisismoney.co.uk/money/mortgageshome/article-8155585/Halifax-Barclays-scrap-new-mortgages-40-deposit.html) UK lenders to grant 1.2m mortgage deferments. [Read Full Article (https://caithness-business.co.uk/article/10842)]