CML says lenders ‘reviewing loans to reflect concerns about onerous ground rents’

The greed of housebuilders has created a housing crisis as homeowners with onerous properties now cannot sell. LKP has been deluged with home buyers saying that their mortgages have been refused at the last moment. One caller was buying a flat in Windsor where the ground rent rose by £150pa every 30 years, but the … Continue reading CML says lenders ‘reviewing loans to reflect concerns about onerous ground rents’