Summary
Shopping for a mortgage has never been easy but this month it became even harder as many mortgage companies closed their doors on borrowers.
Last week First Direct became the first bank to declare that it would not be taking on new mortgage customers after receiving five times the usual volume of applications in recent weeks.See the full content of this document
Extract
First-Time Buyers Face a Mortgage Nightmare
Now, mortgages are being withdrawn from the market on a daily basis as lenders raise their rates due to increased mor...
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