Lenders still lending

Sir_Humphrey

OMFG, they're on to us!!! :eek:

Kill them, kill them all.

Generali

neverdespairgirl wrote: »

Don't forget there are initiation rites that adult men might not fancy....

OH's Dad reckoned the circumcision proved Jews were an optimistic race, "we cut some off before we know if there is any to spare...."

Perhaps the Catholics or Lizardmen will have me.

The Catholics give you a nice glass of wine. Far more civilised than having the end of the Old Chap lopped off.

Not sure what the Lizardmen do. Sit in the sun and poke their tongues out a lot. Doesn't seem like much of a plan for world domination.

space_rider

I`m looking at remortgages at the moment as my deal runs out in December. I`ve been given a mortgage in principle by Halifax and I could have an amount that is 5x my income which does include tax credit. I do have over 75% LTV and the only debt is my mortgage. Not all companies will lend with tax credits as an income.

geoffky

oh. those were the days:rotfl::rotfl::rotfl:

baileysbattlebus

A family friend, single parent aged 26, has just offered £199k on a house in Winnersh - not far from where we live. She has an income of £17.5k per year
She has had a mortgage offer of £101k - she does have over £100k she can use as a deposit though. She will use £98k of it .

Her current rent is £950 per month - her new property will cost her around £450 per month for next 2 years - I didn't ask her who her mortgage is with - but next time she is here Iwill.

So large multiple mortgages are alive and kicking.

chucky

baileysbattlebus wrote: »

A family friend, single parent aged 26, has just offered £199k on a house in Winnersh - not far from where we live. She has an income of £17.5k per year
She has had a mortgage offer of £101k - she does have over £100k she can use as a deposit though. She will use £98k of it .

Her current rent is £950 per month - her new property will cost her around £450 per month for next 2 years - I didn't ask her who her mortgage is with - but next time she is here Iwill.

So large multiple mortgages are alive and kicking.

Geoffrey???? :rotfl:

beingjdc

I'd happily borrow 5x salary if it was to buy somewhere worth it, rather than because that was what it took to buy somewhere vaguely acceptable.

If I continued my current lifestly I could afford at least the interest on 5x salary at interest rates of up to 9.5%. Anything below that and I'd be repaying capital. Anything above that and I'd have to make savings elsewhere.

Though if I did it, it would probably be so I had space for a lodger, at least in the early years. Assuming my current flatmate and the same rent as her share now, that would put my ability to afford at least the interest on a 5x mortgage up to 13% interest rates.

mr.broderick

geoffky wrote: »

oh. those were the days:rotfl::rotfl::rotfl:

It was only august geoff? Can i just ask ? What you on?