Liverpool Daily Post: Action Is Too Late for Some

Daily PostJune 24, 2008

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Summary


THESE are difficult days for homeowners. The challenges of a downward-spiralling market, together with the end of fixed-term mortgages, are proving a burden many are struggling to cope with.

So news that Chancellor Alistair Darling is preparing to get tough with mortgage lenders cashing in on hardpressed borrowers coming off fixed-rate deals this year should be welcomed.

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Liverpool Daily Post: Action Is Too Late for Some

For, as the Chancellor reveals on today's front page, he has ordered lenders to...

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