TITLE

Call for more mortgage affordability for the young

PUB. DATE
March 2006
SOURCE
Credit Control;2006, Vol. 27 Issue 3, p64
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
21645048

 

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