Tag Archives: DIP

What’s “Under the Bonnet” of a DIP?

2014 witnessed the Mortgage Market Review. The regulator's knee jerk reaction to the causes of the financial crash, which occurred just 6 years earlier. It tightened affordability rules and rid lenders of their love of multipliers of income, which they had cherished for many years. It brought tight affordability guidelines and based payments around a…
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