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Antony Antoniou – Luxury Property Expert

Climate Change

The Climate Change Mortgage Crunch

The Climate Change Mortgage Crunch


Climate change is making it harder for some homeowners to get a mortgage or sell their properties. As extreme weather increases flooding and subsidence risks, lenders are declining more mortgage applications out of concern that homes could become uninsurable or worthless. This “climate change credit crunch” stands to impact millions of properties across the UK.