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Fresh fears over mortgages as loan-to-income ratios hit record high

Covering Market, Trends, and Practical (but see LEMON-AID for Building & DIY)
Calcaria
Posts: 22
Joined: November 7th, 2016, 5:21 pm

Fresh fears over mortgages as loan-to-income ratios hit record high

#13763

Postby Calcaria » December 9th, 2016, 5:46 pm

THE TELEGRAPH

Fresh fears over mortgages as loan-to-income ratios hit record high
By Tim Wallace
http://www.telegraph.co.uk/business/201 ... cord-high/

Homeowners are amassing record levels of mortgage debt despite Bank of England restrictions aimed at limiting financial risks.

The BoE has limited the number of loans that banks can make to home buyers who want a mortgage 4.5 times bigger than their incomes. ...

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