Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it
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Written by mfuser
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Thursday, 20 November 2008 12:43 |
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Following the issue of the recent FSA discussion paper relating to the mortgage market, (See our news section for further details), all previously known self certification lenders have pulled out of the market. For the time being therefore, no one can apply on a self cert basis and all applicants will need to be able to evidence their income. We are waiting to see the final conclusions drawn from the FSA paper but this will not be known until later this year. In the meantime MortgageFinders along with many other industry firms are calling for a solution to be found to enable those individuals who have been genuinely unable to evidence income to still get a mortgage.
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Last Updated on Monday, 18 January 2010 10:56 |