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Long-term mortgages receive support

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  • Long-term mortgages receive support

    In last month’s budget, Chancellor Alistair Darling criticised the present shorter-term mortgage deals on offer and wants to encourage 25 year fixed rate mortgages.In his pre-Budget speech, Mr Darling said that he wants people to have the choice of long term fixed rate mortgages because they protect borrowers from risks and still allow them flexibility [...]

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