Property News · March 17, 2014

10 mortgage pitfalls and how to avoid them


With tighter lending regulations on the horizon we look at 10 things that could put the brakes on your mortgage hopes, and how to try and fix themMortgage lending may be at its highest level since the financial crisis but taking out a home loan remains difficult for many. Banks and building societies are still unwilling to lend to all but the safest borrowers, while a new wave of regulations at the end of April means customers will be placed under more scrutiny than ever. Borrowers need to work hard to put their finances in order and give themselves the best chance of securing a mortgage. Here are 10 things that could put the brakes on your mortgage hopes, and how to try and fix them. Continue reading…

Source : theguardian.com
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