01.06.2011 - UK home builders, lenders in mortgage talks on first-time buyers
Home builders and lenders are in talks to get the U.K.'s sluggish housing market moving again by helping provide mortgages worth 95% of a property's value, which largely disappeared in the wake of the financial crisis. Leading FTSE-listed home builders met the Council of Mortgage Lenders last week to discuss ways of remedying problems accessing mortgage finance and the poor consumer sentiment this has caused, a person familiar with the matter said..............................................Full Article: Source
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