Wednesday, Nov 08, 2006

Think your savings are safe with Halifax?

thisismoney: The 125% mortgage debt warning

Britain's biggest mortgage lender (HBOS) came under fire yesterday over plans to offer a 125% home loan. But critics warned prospective clients against taking on such liabilities, which would plunge them into instant negative equity.

Posted by uncle chris @ 09:39 AM (344 views)
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