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Dream Homes, But Loan Nightmares

Mail On Sunday – By Neil Simpson

Most lenders have informal lists of property types they reject for mortgages. Banks justify this by saying they fear the properties in question will be hard to sell if they are repossessed. But it’s hard to know which properties are on these lists. If you apply to the wrong bank and get rejected, it can ruin your credit score. Here are the homes to worry about. Continue reading “Dream Homes, But Loan Nightmares”