Something that does get my attention is the following:
Quote:
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Under the proposed new rules, interest-only mortgages can still be offered if there is a "credible" plan to repay the loan, which does not involve a borrower assuming he or she can eventually cash in on the rising value of their home.
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That may slow buy to let down somewhat.
Nothing will sort the current mess beyond a lot of building and a lot of pain for those who overstretched themselves.