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Tesco mortgage offering delayed

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10-04-2010, 10:36 AM

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Tesco mortgage offering delayed

Tesco may have to delay its entrance into the UK mortgage market because the Financial Services Authority (FSA) is still mulling over its application for regulatory approval. According to reports, the FSA’s more stringent approach to mortgage lenders is likely to mean that the Tesco home loan will not be available this year, as planned. [...]

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