Mortgage industry calls for policy reform as 3.5m locked out

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The UK mortgage industry has called for policy reforms aimed at easing the barriers that prevent approximately 3.5 million households from owning homes. Research endorsed by the IMLA warns that younger generations could face a lifetime wealth gap of £1.6 million if excluded from property markets.

The mortgage lending industry has called for policy intervention to address barriers preventing an estimated 3.5 million households from accessing homeownership. IMLA has endorsed research indicating younger generations could face a £1.6 million wealth gap by retirement if excluded from the property market. The post Mortgage industry calls for policy reform as 3.5m locked out appeared first on PropertyWire.