The risk lurking in mortgage data

Sarah Coles
For Sale signs
For Sale signs

Rui Vieira/PA Wire/Press Association Images

The world may be celebrating the return of the first time buyer in the latest mortgage data from the Council of Mortgage Lenders. However, many have missed that lurking within the report is the death of a vital part of the mortgage business.

Needless worry and regulatory meddling is killing off a vital tool for today's homebuyer. So what is this tragic casualty?