Bank of Englands “non-interference” with the property market WILL stall the recovery
07 July, 20140 Comments
Mark Carney has announced limits, restricting the amount that homeowners can borrow relative to their income and tightening the affordability tests (which began on 30th April this year) that property buyers face when applying for a mortgage. He said there would be no immediate impact on fast-rising property values. The new measures will only start Read more