U.K. Lenders Relax LTV Requirements

08 Jan 2010

U.K. lenders are relating loan-to-value requirements as prospective buyers outnumber sellers, according to Simon Rubinsohn, chief economist at the Royal Institution of Chartered Surveyors.

U.K. lenders are relating loan-to-value requirements as prospective buyers outnumber sellers, according to Simon Rubinsohn, chief economist at the Royal Institution of Chartered Surveyors. Rubinsohn said, “The market is already beginning to push up the cost of money to households, albeit very modestly at this stage. For the ...

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