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When it comes to new extension of the term out-of a connecting financing and this falls within this MCOB eleven

When it comes to new extension of the term out-of a connecting financing and this falls within this MCOB eleven

the fundamental essential cost and you can basic top quality-of-lifestyle costs of the user’s home (if or not real expenses for the house or assumed expense from mathematical or any other modelled study, and recommendations to demonstrate as to why the new thought information is appropriate so you can that customer’s household);

brand new formula always determine whether the fresh new controlled home loan deal, domestic buy package is actually (or, in which applicable, adopting the adaptation, remains) sensible for the consumer.

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