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How banks in northern Europe are leading the way for domestic mortgage holders

Scandinavia's largest lender, Nordea Bank, based in Finland, is leading the way for domestic mortgages says Peter Sharkey. Picture: Getty Images

Last week, Scandinavia proved that there was more to life than patterned jumpers, says Peter Sharkey, as its largest lender, Nordea Bank, revealed that it was launching a 20-year, fixed interest rate mortgage - with a 0% interest rate.

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