///Conditions set fair for paying down debt

Conditions set fair for paying down debt

The Bank of England’s latest figures for housing equity withdrawal (HEW) suggest that the situation facing home-owners has become more challenging. The Bank estimates that for the second quarter in succession individuals actually made a net financial injection into housing equity. In other words, they spent more on housing than they borrowed in the form of mortgage finance.

Read the whole article here.
Article by the Council of Mortgage Lenders.

Data partially sourced from the CML/BankSearch Regulated Mortgage Survey.

2013-07-26T16:19:16+00:00 26th July 2013| In The Press|