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Mortgage lenders struggle to find to cash

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  • Mortgage lenders struggle to find to cash

    Following the impact of the credit squeeze, mortgage lenders are running out of cash. Figures from The Council of Mortgage Lenders showed £24 billion worth of mortgages advanced in February, 7% lower compared with the previous month and 6% down on the previous year. Michael Coogan of the CML said problems in the money markets [...]

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