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The Independent UK
The Independent UK
Business
Howard Mustoe

Reeves urges regulators to ease mortgage rules for first time buyers

Mortgage rules for first time buyers could be relaxed in plans reportedly being studied by regulators as the government looks for ways to grow the economy.

The rules were tightened in the wake of the financial crisis when borrowers could take on mortgages worth as much as 110 per cent of the value of a home.

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