Lloyds Banking Group - Re: LLOY Stream Log - The Resolution Foundation warned that...

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07:22 24/07/2014

The Resolution Foundation warned that as many as 2 million mortgage payers could struggle financially once interest rates climbed from 0.5% to 3%. The thinktank said that without a state-backed plan to alleviate the financial pain for over-borrowed households, many could be forced to hand back the keys to their homes.

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