Former Executive Warns of Difficult Times Ahead

The JournalMarch 18, 2008

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Summary


A FORMER Northern Rock executive has warned first-time buyers the next few months could be very difficult.

Glenn Morrill, who runs Newcastle mortgage arranger Frontstep.co.uk, said the global credit crisis will see many lenders pushing up rates.

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Extract


Former Executive Warns of Difficult Times Ahead

Mr Morrill also warned Nor...

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