Question for someone in the UK?

Question

Is it true you can't finance over there? Or at least you can't finance a house?

Answer 1

houses are expensive, renting is okay i suppose.

food and fuel are bombs.

this is all because of the credit crunch.

Answer 2

Over there is over here ! Finance for housing / mortgage lending is currently tight . This is due to problems " over there " !! Banks such as RBS and HSBC got caught out .

Answer 3

Finance is harder to come by.

Just an effect of the Credit crunch.

Similar to the situation in the US now (and a couple of months ago).

Even harder to get credit of you're a low earner or have poor credit history.