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CONTRASTS IN EUROPE

UK mortgage lenders' profit growth faltering

Potential homebuyers are pulling back before next year's elections, regulators have tightened financing
Thursday, November 27, 2014 - 05:50
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Demand for homes is falling as more stringent lending criteria make it harder for buyers to get mortgages.

London

BRITAIN'S biggest mortgage lenders face faltering earnings growth as potential homebuyers pull back before next year's general election, regulators tighten financing and the economy slows.

Nationwide Building Society, the UK's third-largest mortgage lender, on Tuesday

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