Control of LTV and Income Multiples

oldwiring

Although I think some control is warranted to prevent unsustainable borrowing, I am concerned that the control would be applied too harshly and woodenly. There must be many fol who wil come to the end of a ficed rate with their loan still above a government controlled ceiling. Are they going to be advised that they cannot be offered another loan, because the anount is above the ceilings, and be forced to sell up?

With the ineptitude of this goverment, I'd not say it couldm't happen.

Over to you!