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Radio 4,4 mins

The reasons why people get turned down for mortgages

Radio 4 in Four

Available for over a year

It’s cheaper for young people to buy a home than to rent in every region of the UK. Santander, the bank and mortgage lender says that the average home for a first-time buyer would cost them more than £2000 a year less if they bought it rather than rented it. So if buying is cheaper than renting, why don’t more people buy? Graham Seller, Head of Business Development at Santander Mortgages, talks to Paul Lewis. First broadcast on Money Box, 1 July 2018.

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