Secured Loans, Mortgages and Remortgages Then and Now
It is now several months since the end of the recession was officially announced and as we near the end of yet another season of the year, namely Summer, now is as good a time as any to take stock of the fate of the secured loan, mortgage and remortgage sectors since the credit crisis ended. Before the recession, there were twenty five secured loan lenders offering a vast variety of loans, and due to the lax criteria then prevalent, almost any homeowner could obtain a secured loan providing that their credit rating was clean and that they had…
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