mattduncanifa blogspot.com
Interest Only mortgages. Where have they gone?
Interest Only mortgages. Where have they gone? Thursday, 9 August 2012. In the last year or so Interest only mortgages have become harder and harder to acquire as lenders require un-realistic proof or just will not consider this option. So why has this come about? Rather than having prescriptive rules to follow the FSA create guidance that the providers of Mortgages have to interpret. Now if their interpretations are wrong then the FSA has the power to fine the Bankslending providers. So why do we care?
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Interest Only mortgages. Where have they gone?DESCRIPTION
Interest Only mortgages. Where have they gone? Thursday, 9 August 2012. In the last year or so Interest only mortgages have become harder and harder to acquire as lenders require un-realistic proof or just will not consider this option. So why has this come about? Rather than having prescriptive rules to follow the FSA create guidance that the providers of Mortgages have to interpret. Now if their interpretations are wrong then the FSA has the power to fine the Bankslending providers. So why do we care?CONTENT
This web page mattduncanifa.blogspot.com states the following, "Where have they gone? Thursday, 9 August 2012." We saw that the webpage said " In the last year or so Interest only mortgages have become harder and harder to acquire as lenders require un-realistic proof or just will not consider this option." It also said " So why has this come about? Rather than having prescriptive rules to follow the FSA create guidance that the providers of Mortgages have to interpret. Now if their interpretations are wrong then the FSA has the power to fine the Bankslending providers. So why do we care?."SEEK SIMILAR DOMAINS
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