True Cost of New 57-Year Mortages

Daily MailFebruary 21, 2007

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Summary


BRITAIN's second largest mortgage lender, Abbey, is prepared to grant home loans lasting 57 years.

The news emerged as research showed homeowners are generally spreading their mortgage over longer periods in an effort to keep down monthly repayments.

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Extract


True Cost of New 57-Year Mortages

Eight out of ten lenders now offer a maximum mortgag...

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