Bank of England predicts mortgage famine as lenders are forced to clamp down on borro

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Bank of England predicts mortgage famine as lenders are forced to clamp down on borro

3rd April 2008, 14:01:PM

Banks and building societies are set to clamp down on borrowers by pulling hundreds of home loan offers, a Bank of England study has revealed. The move could lead to a "mortgage famine" as homebuyers struggle to secure cash on reasonable terms

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Tags: bank, building, clamp, lenders, loan, mortgage

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Bank of England predicts mortgage famine as lenders are forced to clamp down on borro

Bank of England predicts mortgage famine as lenders are forced to clamp down on borro

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