Mortgage repayments hit record levels (u.tv)

Posted on July 5, 2009
Filed Under Mortgage Broker |

Homeowners reduced their mortgage debts by a record £8.1bn in the first quarter of this year, figures from the Bank of England showed today. Falling house prices and tightened lending criteria have made remortgaging to release equity less easy or attractive for borrowers over the past year.

Source:Mortgage repayments hit record levels (u.tv)

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