Borrowers could find it harder to obtain mortgages and other loans over coming months even as demand for them recovers, according to a Bank of England survey.
Lenders said the availability of both secured credit - such as home loans - and unsecured credit - such as credit cards and personal loans - was set to decrease over the three months to August.crisis - is at risk, according to one expert.Demand for mortgages and other loans fell in the three months to May - a period largely covered by the lockdown - according to the Bank of England's quarterly credit conditions survey of banks and building societies.
At the same time, the length of interest-free periods on credit cards has fallen and is expected to continue falling, the survey found.
Karabakh-territory of Azerbaijan is occupied by Armenian forces. Moreover, millitary violations which officially started yesterday, are fully the responsibilities of Armenian millitary forces. We only defend our lands and will never step back. IStandWithAzerbaijan
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