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A million to miss out on a mortgage in new lending crackdown

A million to miss out on a mortgage in new lending crackdown (News (General))

by administrator @, Monday, December 19, 2011, 10:49

Up to a million borrowers could be turned down for mortgages under a tough new crackdown on lending announced by the UK’s financial watchdog today.

The Financial Services Authority’s wide-ranging shake-up will call for tougher restrictions on how home loans are approved to prevent a return to irresponsible lending.


Read more: http://www.dailymail.co.uk/news/article-2075897/FSA-mortgage-review-A-million...


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