Spending Review 2010: What lenders said

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Britain has been steeling itself for the deficit busting austerity package that the Coalition announced shortly after the election.

Today, Chancellor George Osborne delivered that package intended to find £83bn of savings from government spending budgets. Mortgage Solutions brings you reaction from lenders around the UK. Find out what the key mortgage firms think and what it could mean for your business. Council of Mortgage Lenders (CML) The CML welcomes the extension of the temporary concession on support for mortgage interest announced today. The £200,000 limit on mortgage size and the 13 week waiting period (down from 39 weeks) will now remain in place until January 2012. According to the government, th...

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