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PM calls for ban on 100% mortgages

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  • PM calls for ban on 100% mortgages

    Prime Minister Gordon Brown and Chancellor Alistair Darling are calling for a ban on 100% mortgages.The credit crunch led to most banks and building societies withdrawing these types of home loans but the Government wants to ensure they do not make a return once lending resumes to normal levels.In the past, most financial institutions would [...]

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