this'll make it easier for those who already have 900% mortgages to hold onto their homes (assuming the banks pass the cut on...) but with higher deposits now needed and banks unwilling to lend at 9 x a person's salary anymore, first time buyers saving for that deposit will have to wait that little bit longer due to the lower interest they'll receive on their savings
Posted By: blindasabat, Nov 6, 12:34:48
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