TITLE

Useful lenders are frozen out

AUTHOR(S)
Williams, Peter
PUB. DATE
March 2009
SOURCE
Lending Strategy;Mar2009, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
The author discusses why the specialist sector of Great Britain deserves the same government support given to the prime sector. He describes the economic problem that faced the mortgage market as similar in effect to the heaviest snowfall experienced in February 2009. He notes that the exclusion from government schemes of specialist lending products such as sub-prime, self-cert and buy-to-let is unjustified since these services are valuable in an economy driven by self-employment, and in a housing market largely populated by renters.
ACCESSION #
39459709

 

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