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