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Tag: Borrowers

Mortgage borrowers warned against being ‘hypnotised’ by headline rates as fees rise

Posted: October 28, 2023 at 10:22 pm   /   Business

One broker said the low-rate high-fee mortgage products could be “the next big mis-selling scandal”. Daily Express :: Finance Feed

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Relief for mortgage borrowers as rates fall but 485,000 homeowners to see payments surge

Posted: September 20, 2023 at 10:22 pm   /   Business

The drop in mortgage rates has accelerated in recent weeks but thousands of homeowners will soon see their repayments suddenly increase. Daily Express :: Finance Feed

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Mortgage UK: Borrowers hit by Covid urged to take action – some face paying thousands more

Posted: April 3, 2021 at 10:22 am   /   Business

MORTGAGE deals can offer an opportunity for homeowners to save money, however, recent research has suggested some people impacted financially by the coronavirus pandemic could be about to find themselves paying thousands of pounds more than they need to. Daily Express :: Finance Feed

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Mortgage time bomb? Interest-only borrowers with NO plans to repay debts

Posted: July 24, 2017 at 10:23 pm   /   Business

ALMOST two million home owners are on interest-only mortgages and failing to make any repayments on the underlying debt, amid fears of a ticking time bomb that could end in disaster. Daily Express :: Finance Feed

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MORTGAGE RULE CHANGE: More borrowers can now take on bigger loans

Posted: March 1, 2017 at 9:22 am   /   Business

MORE borrowers are set to take on larger debts to buy a home after the Bank of England altered mortgage rules. Daily Express :: Finance Feed

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Dept of Ed Announces Protections for Student Loan Borrowers

Posted: July 24, 2016 at 5:20 am   /   Education

(Photo: Steve Castillo, Stanford) The US Department of Education has introduced a series of protections and customer service standards in an effort to implement a new vision for student loan servicing that hopes to make sure the more than 40 million individuals in the country who hold student loan debt receive high-quality customer service and fair […]

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Interest-only ‘prisoners’ growing as borrowers refused new mortgages

Posted: February 25, 2016 at 5:37 pm   /   Business

THE interest-only mortgage time bomb is ticking more urgently, as growing numbers of borrowers are being refused new home loans as a result of tougher lending rules, according to experts. Daily Express :: Finance Feed

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Borrowers in their forties told they’re TOO OLD for mortgages

Posted: February 23, 2016 at 5:23 pm   /   Business

PEOPLE in their forties are being told they are too old to take out mortgages as a result of draconian lending measures. Daily Express :: Finance Feed

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