Summary
Efforts to kick-start the construction industry during the recession are being hampered because banks are refusing to lend money to housing associations, West Midlands Minister Ian Austin claimed.
MrAustin admitted there was growing concern at ministerial level about the conduct of the banks, who are also accused of failing to grant mortgages or pass on lower interest rates to customers despite being the beneficiaries of a huge government rescue package.See the full content of this document
Extract
Banks Not Supporting New Houses
Announcing a plan by the Homes and Communities Agency to build 500 affordable homes in West Midla...
See the full content of this document
Sponsored links
