What now for post-payment holiday homeowners as mortgage deals dry up?
The number of mortgages agreed with homeowners has plummeted by 90 per cent compared with this time last year, Bank of England figures revealed this week, as a frozen housing market and economic fear strangled lending.
Described by experts as a ‘jaw-dropping’ slump, the number is barely a third of those agreed at the very depths of the last financial crisis. Remortgage figures – when borrowers…
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