Existing loan books effecting market

June 9, 2009 · Filed Under Costs, Investments, Lenders, Mortgages · Comment 

The question being asked by potential borrowers in the UK is why after receiving billions of pounds from the government are lenders still not issuing mortgages at a rate that suits buyers.
The problem is that even after getting their hands on the governments handouts the lenders are still saddled with mortgages secured on properties that [...]