Mortgage lenders signal rising student debt levels as 'potential crisis' that will help lock millions out of owning homes



Students are saddled with average debts of £44,000 before they even begin working - and now mortgage lenders have signalled it could harm them when buying a home.
In an exclusive poll of UK mortgage lenders, some 59 per cent said they believe higher student debt and loan repayments will become a bigger barrier to home ownership for younger borrowers.
Mortgage advisers are even more damning about the effects of student loans, with 66 per cent believing higher student debt will contribute to locking future generations out of the housing market.
Student tuition fees at English universities... read more

 
15 November 2016 in Business, Views: 31
Source: Daily Mail
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