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Mortgage with Northern Rock??

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Old 20 February 2008, 01:38 PM
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speedking
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Not much of a plan. Rejected mortgagees may not be able to get an affordable mortgage elsewhere. Many houses put on the market. House price crash. Isn't this what the government was trying to avoid by baling out NR in the first place? (£50bn = 500,000 mortgages?)
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