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Assets Loans Loan is an amount lent to an individual or organisation with an expectation of receiving its repayment in the future along with interest. Hence, loan can be both, an asset and a liability. This is because there are two aspects to every transaction.
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The number of houses being built would have grown because the economy has got better and mortgage lending has improved. Whether they would have done it on that scale or not without Help to Buy I don’t.
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These deals are already common in parts of the country where house prices are high. But a report from the Council of Mortgage Lenders said in future this could be a way of life for many. Scroll down.