Each week, we round-up the best comments, emails and letters to the site and pick one reader contribution as our Star Letter. This week’s award goes to:
Lenders must loosen criteria to ease market congestion – AMI
I have been saying for the past 3 years that as mortgage regulations stand the market will remain stagnated.
The requirements on brokers and the lending criteria do not cater for almost 40% of the market! Every day we turn down applications which are perfectly doable, were it not for the regulations.
It is hurting the industry and the economy. Does anyone care?
Salam Ansari
08 Feb 2013 | 11:55