UK Housing Policy: An interview with Alex Tuck

Alex Tuck reveals the complexity of UK mortgages. 03

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<p>The complexity of the UK financial products is discussed &ndash; terms and conditions have not been transparent enough &ndash; and the &lsquo;bonus culture&rsquo; has been prevalent &ndash; the Bradford and Bingley provides a good example of what can happen when lending without a sensible consideration of ability to repay &ndash; credit is &lsquo;more well-structured in France and Spain &ndash; and labour markets have been more stable</p> <p><a target="_blank" href="http://www.z2k.org/z2k-housing-review-april-2009">Go to Z2K Housing Review Issue One</a>&nbsp;&nbsp; <a target="_blank" href="http://news.humanrightstv.com/z2k-2009-budget-response">See the Z2K Response to the 2009 UK Budget</a></p>