Is An Investment Mortgage UK A Good Idea During The Crunch?
The credit crunch, brought about by a lack of credit around the world due to the sub prime mortgage crisis in the USA, has meant lenders can’t afford to lend cheap mortgages. To recoup loses they have raised rates and shied away from risky business, which means bad news for potential investment mortgage UK customers. If you are considering using a second mortgage as an investment vehicle for your savings or windfall, you are going to have to plan, think hard and wait out the credit crunch storm.
