People finding it harder to get mortgages
A survey of independent brokers has found that the majority of people seeking mortgages are finding it harder to get approval, given the ever-tightening squeeze on bank lending. The study by the...
View ArticleCall for banks to start lending again
Banks must start lending again if the current over-correction of house prices is to rectify itself. That was the view of a number of people within the property industry following the release of...
View ArticleMortgage demand continues to rise as banks tighten rules
THE DEMAND for mortgages increased for the second quarter in a row while credit standards tightened, according to a new survey of banking in the euro area released by the Central Bank. Improved...
View ArticleEight out of 10 people refused mortgages, insists PIBA survey
A new survey has claimed that as many as eight out of 10 people looking for a mortgage are turned away by banks. The survey by the Professional Insurance Brokers Association (PIBA) – which represents...
View ArticleLenders being more realistic with struggling customers
New data shows mortgage lenders are increasingly entering into more realistic repayment arrangements with struggling customers. The results of a new survey from the Professional Insurance Brokers...
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