Saturday, August 18, 2007

Lenders will pass on higher charges as a result of the credit crunch

Business News Article

Looks bad for Northern Rock's customers and those with BTL mortgages. Apparently it will soon find out if they are sub prime borrowers. Oh and by the way David Smith thinks that highly leveraged BTL's as second (or more) mortgages are not Sub Prime. David (as you have banned us all from your blog), your comments on this ?

Posted by orwell @ 11:29 AM (419 views)
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