Sunday, March 30, 2014

Capping mortgages against wages may prevent new property bubble, says Lord Heseltine

By
Simon Lambert
|

A cap on how big a mortgage homeowners can take on against their salaries should be considered to prevent a new housing bubble, Lord Heseltine has suggested.
The Tory peer and business guru sounded a warning on the effect rising interest rates will have on those who have...
Capping mortgages against wages may prevent new property bubble, says Lord Heseltine

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