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Proposals for councils to offer mortgages

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  • Proposals for councils to offer mortgages

    Local authority chiefs in London want to offer mortgages to those struggling getting onto the property ladder. Councils are urging the Chancellor, Alistair Darling, to relax borrowing rules so they can offer mortgages to thousands of families struggling to purchase a home. The mortgage squeeze has meant that prospective buyers have been unable to secure funding. In [...]

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