Exact(1)
It means Barclays, Nationwide and NatWest can offer large mortgages on new-build homes without taking on all of the risk: they will be guaranteed to not lose money if a property falls into negative equity and is repossessed, with the mortgage indemnity funded by developers and taxpayers.
Similar(59)
The vehicle had been repossessed with an outstanding lien, and that financing company went out of business after delivering the car.
It only kicks in if the borrower falls into difficulty with the mortgage and their home is repossessed.
If the borrower falls behind on repayments with interest rates of 400 per cent, their car is repossessed.
Her parents run off with Marky and DeBrie and the house is repossessed.
A home is repossessed every 10 minutes.
James Pough kills eight people after his car is repossessed.
Might be fun for the winter if your house is repossessed and you're outside.
His truck had been repossessed, so he often stayed with Burnett to get around.
The FCA said the risk warnings to be attached to adverts would be similar to those used by mortgage lenders, which remind borrowers that their home may be repossessed if they fall behind with payments.
EuropaCorp's back-lot slice of Americana is the set for two forthcoming sequels to Arthur and the Minimoys, a 10-year-old's quest to find his lost grandpa to help prevent the family farm from being repossessed, which mixed animated characters with live action and voice-overs from the likes of Madonna, Snoop Dogg and Mia Farrow.
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