Stricter Mortgage regulation on way: Primelocation

Posted on March 20, 2009 · Posted in Primelocation

A much stronger system of mortgage regulation looks inevitable, following the publication of the Turner Review of banking. Borrowers requiring large mortgages as a proportion of a home’s value or their household’s income will be more likely to have their applications rejected.

For full story go to http://www.primelocation.com/news/stricter-mortgage-regulation-on-way/