Put a limit on the maximum amount that banks can loan on a mortgage to the old limits of 3.5 times single salary (or 3 times joint salary), ban the use of interest only mortgages and limit the LTV on any mortgage to 90%.

Why is this idea important?

This will ensure that people are free from taking on massive levels of debt that they can't afford and will ensure that they will have paid back the mortgage on term.

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