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Old 06-03-2008, 07:43 AM
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Post Proposals for mortgages to be graded by order of risk

It is understood that Chancellor Alistair Darling is planning to launch a new system which will grade all mortgages, with the least risky given a gold standard Kitemark. The plan is to be announced in next week’s budget and it is hoped that the new scheme will make it easier for lenders to sell on [...]

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