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Thu 01 Jan 2010Property Investor
The mortgage market has slipped back by about two decades. But lenders are still keen to give loans – at least to first-time buyers
IN SPITE of all the economic progress and perceived wealth created over the past 20 years, the mortgage market has slipped back to where it was in the 1980s and early 1990s. Mortgage shops are closing down all over the country as lending institutions impose ever more strict conditions which continue to strangle the property sector.
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