Thursday, November 02, 2006

Abbey criticised for lending up to five times salary

Abbey criticised for lending up to five times salary

Rupert Jones

The Guardian

02 Nov 2006



Debt charities and MPs condemned yesterday the leading mortgage lender Abbey’s decision to allow homebuyer couples to borrow up to five times their combined salaries. The bank said it was raising the amount it would lend to help more of those... read more...
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