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moneysupermarket.com: changes to RBS One Account mortgage

15th April 2008 Print
Commenting on changes to the RBS One Account mortgage, Louise Cuming, head of mortgages at price comparison site moneysupermarket.com, said: "Anyone applying for a One Account mortgage will now have to have their salary paid into a One Account current account. While this may seem trivial in the current mortgage environment, where rates are shifting and deals are being pulled by the hour, it could represent a growing trend by lenders introducing more ways to tie consumers in. Now more than ever, homeowners need to check the terms and conditions of any new deal."