First-time buyers hit by drop in mortgage deals Tags:United Kingdom 6 comments Hopefully with gas prices falling the need to raise rates so much will reduce. Boring article. Mortgage deals are not the issue. This is why a housing crash is bad for first time buyers too. It’s a market shrinkage and withdraws offers. [deleted] Who would/can buy now at historic high prices and recent historic interest rates? There ***needs*** to be a crash. TBF we shouldn’t have a market with a 95% LTV. The risk for the lender is high on those. Of course it’ll shrink in times of uncertainty. At the same time we shouldn’t have housing that costs what it does. It’s all a fucking shit show. Leave a ReplyYou must be logged in to post a comment.
This is why a housing crash is bad for first time buyers too. It’s a market shrinkage and withdraws offers.
Who would/can buy now at historic high prices and recent historic interest rates? There ***needs*** to be a crash.
TBF we shouldn’t have a market with a 95% LTV. The risk for the lender is high on those. Of course it’ll shrink in times of uncertainty. At the same time we shouldn’t have housing that costs what it does. It’s all a fucking shit show.
6 comments
Hopefully with gas prices falling the need to raise rates so much will reduce.
Boring article. Mortgage deals are not the issue.
This is why a housing crash is bad for first time buyers too.
It’s a market shrinkage and withdraws offers.
[deleted]
Who would/can buy now at historic high prices and recent historic interest rates?
There ***needs*** to be a crash.
TBF we shouldn’t have a market with a 95% LTV. The risk for the lender is high on those. Of course it’ll shrink in times of uncertainty.
At the same time we shouldn’t have housing that costs what it does.
It’s all a fucking shit show.