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Proposals for mortgages to be graded by order of risk still in the pipeline

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  • Proposals for mortgages to be graded by order of risk still in the pipeline

    Following yesterday’s budget, the proposal for Government backed ‘gold standard’ mortgages is still on the agenda.Chancellor Alistair Darling confirmed a working group to investigate the feasibility of such a scheme would be established. The Government plan to launch a new system which will grade all mortgages, with the least risky given a gold standard Kitemark. [...]

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