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Housebuyers need a 25% deposit say Nationwide

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  • Housebuyers need a 25% deposit say Nationwide

    Nationwide, the country’s fourth-biggest mortgage lender, said homebuyers should prepare themselves for a new era of mortgage lending of putting down a huge deposit. The clampdown by Nationwide comes as banks and building societies tighten their lending criteria following the credit squeeze and it is expected that other lenders will follow suit, according to Ray Boulger [...]

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