Summary
Halifax owner HBOS yesterday said its share of the mortgage market was set to dip below 20% after tightening lending criteria in light of higher interest rates.
The group, which achieved a 25% share of net lending in 2003, signalled the fall earlier this year when it told the City it would adopt a prudent approach to the mortgage market in the event of borrowing costs going up.See the full content of this document
Extract
Bank's Mortgages Share Set to Dip
Across the group - formed from the merger of Bank of Scotland and Ha...
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