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Will you be hit by the mortgage crackdown?

Will you be hit by the mortgage crackdown? (Buying)

by administrator @, Wednesday, December 21, 2011, 09:15

The City watchdog wants tough rules to stop excessive mortgage lending. Lauren Thompson explains how the changes will affect you.

There are 17 million homeowners in Britain. Of these, eight million people own their homes outright, while nine million are still paying for it with a mortgage.

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