Number of “high-risk” mortgages jumps 15% – more than 100,000 new risky loans in a year
The number of “high risk” mortgages approved by banks has jumped 15% in the past year to 101,380 in 2017, up from 88,057 in 2016, says Lendy, one of Europe’s largest peer-to-peer secured property lending platforms. This represents 8.6% of the total 1…