Call for more mortgage affordability for the young

March 2006
Credit Control;2006, Vol. 27 Issue 3, p64
Trade Publication
The article discusses the challenges of legislators in making home ownership more affordable for the young adults in Great Britain. A research conducted by the Council of Mortgage Lenders found that the most effective policies for providing affordable home ownership will be those that offer flexibility. Moreover, the rising house prices and the passion of young adults for mobility are hindering the design of offering affordable mortgages to this age group.


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