British Mortgage Rejections Soar 60%

Story date: 2007-10-16 03:00:00
Added on: 2007-10-16 17:00:16

BusinessWeek - MoneyExpert.com said this was due to a combination of rising interest rates and mortgage providers tightening their lending criteria. It pointed out that there have been five Bank of England rate rises since August 2006, pushing the base rate from 4 ...


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