A spokesperson from the affordable housing pressure group PricedOut has claimed that government measures to avert repossessions are not working.

The spokeswoman said that the real issues that need addressing are appropriate taxation on people with buy-to-let mortgages, housing shortgages, and poor lending regulations.

PricedOut claims that buy-to-let mortgage holders had entered the market since 1999, pricing first time buyers out of the market.

This entry was posted on Thursday, February 26th, 2009 at 1:25 pm and is filed under Buy to Let Mortgages, Mortgage Rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.