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Homeowners avoid long-term mortgages

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  • Homeowners avoid long-term mortgages

    Homebuyers are rejecting long-term fixed-rate mortgages despite the Government insisting that these deals will help to generate a more stable property market and would be ideal for stretched borrowers.Chancellor Alistair Darling reiterated the Government’s wish to see more long-term deals in last week’s Pre-Budget Report. There are quite a lot of long-term deals with good [...]

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