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Cheap mortgage finance halted by Bank of England

Nicholas Wallwork

Nicholas Wallwork

Editor-in-Chief
Staff member
Premium Member
The Bank of England has unexpectedly announced that the Funding for Lending scheme will not apply to UK mortgages from the end of 2013. This scheme has been in place for some time now offering cheap finance to banking institutions as a means of encouraging lending to the mortgage arena as well as small businesses. [...]

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Last edited:
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georgenelson

New Member
Whether this offer is still going or not? Or there is any other scheme is introduced?
 
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