The credit crunch affects mortgages, home buyers, banks and building societies as the global economy heads for recession

---

Illustration to describe saving the pennies and also the Housing market at last rising out of the doldrums it has been in. The house rises above the sea of Red

---

Size: 5996px × 3114px
Location: UK
Photo credit: © Pat Savage / Alamy / Afripics
License: Licensed
Model Released: No

Keywords: abode, accommodate, accommodations, agents, ancestry, apartment, arrear, arrearage, arrears, ashes, audience, baggage, banking, bankrupt, banks, beholden, bill, bills, boom, box, building, bungalow, burrow, bust, cabin, casing, commitment, commute, compound, contract, councelling, council, councilling, counselling, counsilling, covering, credit, crisis, debenture, debit, debt, debts, deficit, direct, due, dwelling, earnings, equity, estate, frame, funding, global, government, halifax, head, home, homeless, homeowner, homes, houses, housing, incur, indebted, indebtedness, insolvency, insolvent, job, land, lehman, lending, liability, lien, lloyds, loan, loans, lodging, loss, market, marketplace, midshires, minister, money, mortgage, negative, niche, note, ob, obligation, obliged, offense, owed, owner, pad, phoenix, place, plough, post-obit, property, protection, recession, recovery, redundancy, ridden, rising, roof, savings, shelter, sin, spending, streets, suicide, thrifty, worry, wrong