Sell Mortgage Note

The freeze on stamp duty proposed by Gordon Brown which will be announced in September 2008 is an attempt to both improve public perception of the Labor party and to try and bolster the mortgage market. I would think it unlikely it will help people obtain mortgages from the lender. It may make properties more affordable to the potential borrower in lump sum terms but in my opinion that\’s not what\’s causing the slump in the housing market at the moment.

This entry was posted on Tuesday, August 19th, 2008 at 3:33 pm and is filed under mortgages. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.