A recent survey published results that show for the half-year ending mid march 07, the Uk's mortgage lenders refused more than 460,000 mortgage applications. The largest age group for refusals was 18-34 years old.
A drop in first time buyer applicants, increases to mortgage interest rates, together with house price rises have caused affordability issues and inevitably priced many people out of the market accordinging to MoneyExpert.com.
There may of course, be other ways to finance particular projects that people have in mind however. If you're looking for a mortgage or indeed any type of finance, visit FeelGoodLoans.co.uk for more information.
You know you're broke when...
companies don't call you to switch your service any more.
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