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Mortgage recovery will be slow warns BSA

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  • Mortgage recovery will be slow warns BSA

    The credit squeeze has resulted in a mortgage drought that has seen the availability of cheap mortgages dry up.Iain Cornish, chairman of the Building Societies Association (BSA), warned that mortgage markets will take 2 years to recover from the credit squeeze.Mr Cornish added even when recovered, they will be very different to the early years [...]

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