Borrowers turn to fixed-rate mortgages
Data from the Council of Mortgage Lenders (CML) shows that 50% of all new home loans last month were fixed rate deals, up from 47% in June.
The popularity of fixed-rate mortgages with the Borrowers is welcomed by experts: "The housing market has started to stabilise at a new lower level," said CML director general Michael Coogan.
The Borrowers: now have a fixed-rate mortgage
The four-inch-tall Clock family secretly shared a house with the normal-sized Lender family, "borrowing" such items as thread, safety pins, batteries and scraps of food.
However, their peaceful co-existence was disturbed when evil lawyer Ocious P. Potter stole the will granting title to the house, which he planned to demolish in order to build luxury apartments.
The Lenders were forced to move, and the Clocks faced the risk of being exposed to the normal-sized world. But together with the help of the Lenders son, Pete, they managed to use their minute size to their advantage and are now the proud owners of a fixed-rate mortgage.
The popularity of fixed-rate mortgages with the Borrowers is welcomed by experts: "The housing market has started to stabilise at a new lower level," said CML director general Michael Coogan.
The Borrowers: now have a fixed-rate mortgage
The four-inch-tall Clock family secretly shared a house with the normal-sized Lender family, "borrowing" such items as thread, safety pins, batteries and scraps of food.
However, their peaceful co-existence was disturbed when evil lawyer Ocious P. Potter stole the will granting title to the house, which he planned to demolish in order to build luxury apartments.
The Lenders were forced to move, and the Clocks faced the risk of being exposed to the normal-sized world. But together with the help of the Lenders son, Pete, they managed to use their minute size to their advantage and are now the proud owners of a fixed-rate mortgage.
Harsher housing for buy-to-let mortgage holders!
Posted by
Matt |
Fri Aug 19, 10:30:00 am