The home owner loan market in the UK is still reeling from the effects of the credit crunch and it looks as though this will continue for some time yet, with banks and building societies still taking a cautious approach towards offering loans. Despite this trend, the Danish backed lender, Northern Bank has just announced that it is to launch a home owner loan product which offers a loan to value of 100 per cent, even though many experts believe that it was this type of high loan to value loan deal which was the cause of the credit crunch in the first place.
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100 Per Cent Loan To Value Product Launched
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