According to a study by the European Mortgage Federation, English mortgages are among the most expensive in Europe.
an average annual rate of 5.67 has gone to 5.76% in less than a year, have been placed in the top of the ranking of the mortgages more expensive for the EU, exceeded only by England, Poland, Hungary and Slovenia and Estonia, for less than one percentage point: 6.50%.
At the other extreme are France, Greece, Sweden, Belgium, Germany, Ireland, Italy and Lithuania in interest on a mortgage amount to less than 5%.
English Banking gives the reason for this report and has initiated a policy to refuse to issue a mass of mortgage banking for over 60% of home value.
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