People will no longer be able to afford
During the first quarter of 2008, gross lending has been estimated at £77.2 billion, according to the Council of
Commenting on the figures, director-general Michael Coogan warned that the Bank of England needs to take “early action” to prevent the industry suffering further losses.
“Lending on completed transactions is currently running at levels considerably lower than a year ago,” he said. “However, the picture for
Any homeowners concerned about meeting their
Figures from Shelter revealed that the average first-time buyer now pays out over 200 per cent more for their property than they would have done ten years ago.
© Adfero Ltd