Shelter: Mortgage rules will protect families from unsustainable debt
– Campbell Robb, chief executive of ShelterWe very much welcome the role this review will play in protecting families from taking on debts that are simply not sustainable.
At Shelter we know only too well the damage that reckless lending can cause and the lives that are ripped apart by the pain of repossession.
The biggest barrier to home ownership in this country is not regulation of the mortgage market, but the sky high cost of housing due to decades of under-investment in building new homes.
More top news
Two killed as floods sweep San Antonio, Texas
Two women were killed yesterday as heavy rain in San Antonio caused floodwaters so strong they swept cars and a city bus off the street.
Thousands run final mile of Boston Marathon
Thousands of runners joined victims' families of the Boston Marathon bombings to run and walk the last mile of the race on Saturday.
Richard Taylor on Woolwich suspect Michael Adebowala
Richard Taylor OBE, father of murdered schoolboy Damilola, has spoken to ITV News about how he mentored Woolwich suspect Michael Adebowala.