Public anger at banks' refusal to lend

The independent survey of 1800 people found that 58% believed banks must begin lending more if the UK is to pull out of the property slump. Almost a quarter (22.5%) said they were unable to find a mortgage that they qualified for anywhere in the market while 56% believed that a combination of relaxed restrictions and lower deposit requirements would increase the chance of them buying a property. Peter Bolton King, chief executive of the NAEA, warned that banks risked stifling market recovery and that the Government should pressure them into lending. He said: "We cannot let the bank...