Transaction volumes are already thin but plans being considered by the FSA to restrict mortgage lending could tip an already fragile housing market over the edge – and the FSA themselves agree! The Mortgage Market Review is looking at imposing tough new standards on lenders putting an end to what were described as self-certified mortgages ...
There are still some property folk in denial, determined to assure us that the property party is still in full swing, but as the Governor of the Bank of England begged in his Mansion House speech earlier in the summer, the punch bowl has now been demonstrably removed! Over the summer break about 30% of ...