Mortgages withdrawn from sale as market reels after mini-budget

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The market turmoil caused by Friday's seismic mini-budget has hit mortgage offerings as providers withdrew partial and entire lending ranges. Virgin Money and Skipton Building Society have temporarily withdrawn their entire mortgage product range, while Halifax, the country's largest mortgage lender, said it is to remove fee-paying mortgages.Halifax's changes are to take effect on Wednesday, while the Virgin Money and Skipton Building Society decisions have already taken effect.

I bet everyone thinks to invest now, with no borrowing 😂

😑

time for some mass resignations at least 6 ministers collaborated on this fiscal plan

Ffs this idiot has broke the economy with a mini budget. And they don't give a shit. Arrest them all now. arrestatory

Many people’s dreams wrecked.

Yeah, they’ll be back in a day or so with higher rates.

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Has the pound become emerging-market money?Six years after the Brexit vote, there is little sign of the 'Global Britain' voters were promised. Declaring sterling an emerging-market currency suits the country’s fondness for declinism You're indeed a great woman,I never expected this from you,i assure you that I will bring more clients to your crypto company because of what you've done in my life,I promise to let the word know about you. Your work speaks volumes of the kind of a woman you are GregoryLillian6 Sorry, I own lots of ZAR, which is certainly an emerging market currency. But there’s no way I would buy sterling right now. It doesn’t qualify as EM. It does qualify as a disaster. Self inflicted crises
Sumber: TheEconomist - 🏆 6. / 92 Baca lebih lajut »