As house prices soar, loans well above the traditional maximum have launched – but there are downsides
This could be the year of the jumbo-sized mortgage – for some UK homebuyers at least – as lenders loosen their purse strings and increase the maximum sums they are willing to offer.
The mortgage lender Habito recently announced that it will let some buyers borrow up to seven times their salary – well above the traditional maximum – in order to help them “secure their dream home sooner”.
Continue reading...from The Guardian https://ift.tt/3F8jtpV
0 comments:
Post a Comment