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The Sunday Times - I can't buy and I cant move house

Tags: Press Commentary, The Times and The Sunday Times

Oct 31 2010

Katherine Allen is trapped in the one-bedroom flat she bought in 2006 because of a slump in house prices and tighter rules restricting new interest-only mortgages.

Aaron Strutt at Trinity Financial, the broker, said: “Lenders want to reduce the number of borrowers on interest-only deals and are much less flexible than they have been.”

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The Sunday Times - I can't buy and I cant move house

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