Banks made to ease restrictions on thousands caught in negative equity | Mail Online
Banks are to be told to rescue ‘mortgage prisoners’ by loosening lending restrictions to allow loans worth more than 100 per cent of a property's value for those trapped in negative equity.
Because of falls in the value of their home, hundreds of thousands of hard-working people are unable to move to a new home.
Businesses are struggling to recruit managers from other regions and the housing market is stagnant.
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