More than a third of self-employed would-be mortgage
applicants didn’t go ahead because they expected rejection, a new study has
found. One in five who applied were turned down because of insufficient proof
of future earnings. The study, by specialist lender Together, found that 36% of
self-employed people who wanted to buy a home of their own decided against
applying in the past five years because they expected to be turned down. Self-employed
borrowers are being put off before even applying for a mortgage or remortgage
as they worry about strict rules on proof of earnings at High Street lenders.
Read more on the Property Wire website.
England’s housing courts at breaking point as renters battle no-fault
evictions
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Courts said to be ‘overloaded’ as landlords sell properties and tenants
with nowhere to go try to delay evictions
It is a Wednesday afternoon at Stratfor...
2 weeks ago
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