'Shared-ownership deals lack logic'

Jones, Lee
September 2009
Money Marketing;9/3/2009, p3
The article reports that broker in Great Britain view Halifax PLC's intermediary-only shared ownership scheme as disordered due to newly created lending restrictions in the region. It mentions that the firm has launched its affordable housing product range which includes a shared-ownership product with reduced fees of up to 90%. It affirms that the lender has a loan-to-value limit of 80% which will be capped on a new property.


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