David Cameron has said that banks are being "too cautions" when it comes to mortgage lending.The prime minister made these comments while speaking to voters in Leicestershire, reports thisismoney.co.uk.He claims that banks are to blame for the current housing crisis following Bank of England figures that revealed borrowing has fallen sharply.According to the prime minister, banks and building societies have become too restrictive over their lending regulations, meaning that the housing market cannot progress.Mr Cameron is quoted as saying: "If you are a single person, you are earning a decent salary. You go to the bank or building society, you are actually quite a good risk - they won't give you 80 per cent of the value, they won't give you four times your salary."Recent research by Paragon Mortgages recently found that 41 per cent of landlords plan to increase their rental prices this year.John FieldmanHaving worked in the city for 19 years, John's main focus is interest rates and corporate finance.
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