UK banks have become more cautious in the way they make new mortgage loans, but not nearly as cautious as might be expected given the slump in house prices and the deepening recession, official data have revealed.
UK
By Norma Cohen
Published: January 30 2009 22:20 | Last updated: January 30 2009 23:06
UK banks have become more cautious in the way they make new mortgage loans, but not nearly as cautious as might be expected given the slump in house prices and the deepening recession, official data have revealed.