Mortgage lenders halt some deals after pound falls

6 comments
  1. There’s going to be carnage in the housing market. Cost of living crisis plus soaring mortgage costs will put a fair number on the streets. Over-leveraged landlords will be trying to slim portfolios, putting more property on the market. Those who can’t afford living costs will be looking to sell and downsize. House prices are about to fall off a cliff.

  2. Can someone explain to me why mortgage lenders are pulling deals? What specifically would happen if they kept allowing them? Obviously losing money, but how?

Leave a Reply