Borrowers face a mortgage crackdown with tough new rules to control soaring house prices, it emerged yesterday. Lending could be capped to stop home buyers taking on too much mortgage debt. And the flagship Help To Buy house purchase scheme risks being torn up over fears that buyers are over-stretched. The Bank of England and ministers may take the measures to cool the market and protect Britain’s economic recovery. The warnings come as latest figures show average house prices are at a record high of £272,000, with sellers adding £10,000 to the value of homes in one month alone. Full story >>
If you halt something, or if it halts, it does not continue or develop any further. • The search halted overnight, then resumed early Thursday morning. • The strike halted all international train traffic through Hungary.