Mortgage guarantee could double FTB lending–Lloyds

May 1, 2011
The successful introduction of a mortgage indemnity guarantee scheme supporting buyers looking to borrow 95% mortgages would double lending to first time buyers, Lloyds head of mortgages Stephen Noakes told the HBF Policy conference. And Noakes added that the boost to first time buyers would not be the only impact on the market, as it would lead to three or …

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