Chancellor John Healey wants the Bank of England to loosen limits on high-risk lending. Allowing more mortgages worth 5 times borrowers’ income wouldn’t materially increase risk. Yet as with moves to help first-time buyers, it ignores the main issue – dire housing construction.
Chancellor John Healey wants the Bank of England to loosen limits on high-risk lending. Allowing more mortgages worth 5 times borrowers’ income wouldn’t materially increase risk. Yet as with moves to help first-time buyers, it ignores the main issue – dire housing construction.
Chancellor John Healey wants the Bank of England to loosen limits on high-risk lending. Allowing more mortgages worth 5 times borrowers’ income wouldn’t materially increase risk. Yet as with moves to help first-time buyers, it ignores the main issue – dire housing construction.
