Support for mortgage reform will please European Union regulators

Author (Person)
Series Title
Series Details 10.4.03, p14 (Budget Supplement)
Publication Date 10/04/2003
Content Type

The UK Chancellor's plan to encourage homebuyers to use fixed-rate mortgages is likely to please European Union regulators but could be a disappointment for UK lenders. Fixed-rate mortgages are widely used in the rest of the European Union.

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