As banks stop offering tenent loans, many are finding that the buy to let mortgage market is growing. Even if banks aren’t interested in offering any tenent loans at this time, there is still a huge market for renters. The amount of foreclosures in the UK have left many no choice but to go back […]
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Tenent Loans Continue to Be Affected by Housing Crisis
Posted on June 19th, 2008 by justin
As more landlords face foreclosure, it is becoming harder for renters to get a tenent loan. The main problem appears to be rising default rates, lower property values and a general unwillingness from banks to offer new tenent loans. Since they cannot be secured with equity, most banks are staying away from tenent loans until […]
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