Thursday, September 23, 2010

Britain stuck in a 'mortgage famine'

It's been announced that the banks have only approved 31,000 odd mortgage applications in August, the lowest for 16 months.
So where is all this recovery talk about.
The banks are making huge profits but not lending to JOE public for the actual foundations of UK life.
The government should investigate and heavily fine any bank who is shirking responsibility.
Soon you will hear that repossessions will be through the roof, as people cannot re-mortgage their houses !!!
It's about time the government started to act responsibly against the banks, when they are making huge charges to everyone but not putting anything back.

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