September 4, 2023

The Epicenter of High-Risk Mortgages In the world of mortgage lending, London continues to shine as a hotspot for high-risk mortgages. Last year, UK lenders extended a staggering £30.6 billion in high-risk mortgages, defined as those exceeding 4.5 times the borrower’s earnings. Of this colossal sum, £6.8 billion was exclusively earmarked for London post codes . Notably, the only postcode outside London that made it to the Top 20 was Maidenhead (SL6). Wandsworth Leads the Pack Within London’s high-stakes mortgage landscape, the SW and SE postcodes have emerged as lenders’ favorites. Topping the charts was Wandsworth (SW18), where an astonishing