貸す人s 警告する of 大規模な mortgage crunch

By Adrian Lowery
Updated: 14:07 BST, 7 May 2010

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UK housebuyers could soon 直面する a chronic 不足 of credit that will see mortgages 'rationed' and punish first-time 買い手s, 貸す人s 警告するd today.

When 政府 計画／陰謀s to keep mortgage lending afloat come to an end in 2014, a 基金ing gap to the tune of £300bn will open up, the 会議 of Mortgage 貸す人s said.

'The UK is at 危険 of a chronic under-供給（する） of credit - and the rationing of mortgages for 顧客s - for many years to come,' it said in a 報告（する）／憶測.

Before the 財政上の 危機, the 基金ing gap - between what banks took in savers' deposits and what they lent out - had been covered by the 卸売 market in mortgage 負債.

This, however, was the credit market that 'crunched' in 2007 - in the US 特に - and precipitated the world 財政上の 危機, 軍隊ing the 政府 to fill the gap with the special liquidity 計画／陰謀 and the credit 保証（人） 計画／陰謀.

These will soon 満了する／死ぬ however, and the CML 堅固に 疑問s that the 卸売 markets will return to their pre-危機 levels.

The CML argues that the British 当局' reaction to the credit crunch was too swayed by the US experience, and that meant securitisation of mortgage 負債 and 卸売 market-基金d 貸す人s were given a bad 指名する, when they had been 機能（する）／行事ing 'comparatively 井戸／弁護士席' in the UK.

'Unless there is a 政策 approach ーするつもりであるd to encourage the 開発 of 卸売 基金ing, we are likely to see a long-称する，呼ぶ／期間／用語 拒絶する／低下する in choice for UK mortgage 顧客s.

最新の on mortgages: Are 率s about to go up?
Simon Lambert, assistant editor, at This is Money

A number of mortgage borrowers have recently fallen 犠牲者 to 貸す人s 引き上げ（る）ing their 基準 variable 率s, にもかかわらず the base 率 remaining stable.

Skipton Building Society is the biggest 指名する to do this with its SVR 急に上がるing from 3.5% to 4.95%. I t had 以前 誓約（する）d its SVR would never be more than 3% above base 率 and had 減ずるd it accordingly as the Bank of England 削減（する） 率s. To change its SVR, Skipton had to 特記する／引用する 'exceptional circumstances'.

A number of small building societies, 含むing Marsden, Scottish, Cambidge, Kent 依存 and （許可，名誉などを）与える Mortgages, have also raised SVRs since the base 率 攻撃する，衝突する 激しく揺する 底（に届く） last spring. 全国的な introduced a new SVR at 3.99%, instead of 2.5%, for new borrowers and those remortgaging.

Borrowers with smaller societies are most at 危険 of seeing SVRs raised. Those with larger societies, or banks, should be 安全な. However, Skipton's move could be the start of a 乱すing 傾向 - it has 追加するd a 可能性のある £1,500 a year to borrowers costs.

Often building societies' arguments for higher SVRs is that they are 保護するing savers and cannot 申し込む／申し出 them better 率s without raising mortgage costs, however, this is often a smokescreen.

To be fair to Skipton, it does have decent 貯金 率s, and has 特記する／引用するd exceptional circumstances as its 原因（となる）, ie 説 商売／仕事 is unsustainable with a 3.5% SVR, rather than trying to hide behind 保護するing savers.

It's this exceptional circumstances （人命などを）奪う，主張する that borrowers need to be worried about, because it's not 保護するing savers building societies are worried about, it's 保護するing themselves.

With many building societies 苦しむing from the 財政上の 危機, with 貯金 hard to pull in and mortgage 率s low, turning a 利益（をあげる） is tricky. Factor in bad 負債s from the credit にわか景気 and buy-to-let, which most indulged in にもかかわらず what they say about 存在 安全な and 用心深い, and there is a 危険 of more SVRs rising before the base 率 does.

However, while this means borrowers should keep an 注目する，もくろむ on the best remortgage 取引，協定s out there, just in 事例／患者, it is probably not 価値（がある） jumping ship just yet if you have a 取引 地階 SVR, unless you can find a good 取引，協定 to 取って代わる it with.

I would recommend, however, putting aside the money you are saving, or as much as possible, as you could be 支払う／賃金ing a higher 率 in 未来. Remember, low mortgage 率s will not last forever, so do not bank on this.

?? 直す／買収する，八百長をするd vs tracker 取引，協定s: What next for mortgage 率s?

A 選択 of the 現在の best mortgage 率s