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Old 07-02-2010, 01:34 PM
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Post Lenders warn of new mortgage freeze

UK banks and building societies are expecting mortgages to be “less readily available” in the next three months, as the wholesale money markets that lend to the lenders “tighten”.In its latest Credit Conditions Survey covering the three months to early June 2010, the Bank of England also reports that a slim majority of lenders actually [...]

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Old 07-02-2010, 02:53 PM
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Default Re: Lenders warn of new mortgage freeze

with the cost cutting the government is doing to help towards the countires debt its no suprise teh banks are being careful as its still a fragile time.
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