http://www.glitec.co.uk/2009/03/situation-with-mortgages-set-to-get-tougher/ Loans, Mortgages and Debt Help Fri, 27 Aug 2010 15:14:02 +0100 http://wordpress.org/?v=2.8.6 hourly 1 http://www.glitec.co.uk/2009/03/situation-with-mortgages-set-to-get-tougher/comment-page-1/#comment-181 Bank repossessed property Spain Tue, 03 Mar 2009 11:15:08 +0000 http://www.glitec.co.uk/?p=667#comment-181 Catch 22 really, banks aren't lending, first time buyers are going to miss the boat because they can not raise enough capital to meet the lenders demands, the richer are only going to get richer as they take advantage of other peoples misfortune - and lending is only going to get tougher? The banks need to be regulated so the innocent and honest do not get dragged into such a mess that the banks created. Catch 22 really, banks aren’t lending, first time buyers are going to miss the boat because they can not raise enough capital to meet the lenders demands, the richer are only going to get richer as they take advantage of other peoples misfortune – and lending is only going to get tougher? The banks need to be regulated so the innocent and honest do not get dragged into such a mess that the banks created.

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