Quote:
Originally Posted by Mancie
Am I right in thinking Labour stopped the rip off endowment mortgage loans introduced under the Tories, and made compensation payments possible?
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I think both parties may have screwed it up with Gordon Brown finally removing MIRAS which was probably the only reason why endowment mortgages were affordable in the first place
William Kay: Revealed: the real villain behind the great endowment policy scandal - Spend & Save , Money - The Independent
Can anyone explain this better for me?