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Coventry to offer 100% mortgage to existing customers

2

Comments

  • socrates
    socrates Posts: 2,889 Forumite
    Do not understand why Dan thanked someone who had not looked into something - and made their own assumption.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    socrates wrote: »
    Do not understand why Dan thanked someone who had not looked into something - and made their own assumption.

    I was attempting to reply but clicked on thanks by mistake. Got the hump and gave up.
  • socrates
    socrates Posts: 2,889 Forumite
    Dan: wrote: »
    I was attempting to reply but clicked on thanks by mistake. Got the hump and gave up.

    Fair enough - it did make me wonder...
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Coventry have been a very aggressive lender recently in terms of bagging market share.

    They justified it by requiring a 25% deposit.

    But that's been eroded by a 25% fall in house prices so IMHO they need to tread carefully over the next year.

    I can't see the logic in offering 100% mortgages and I shall be raising the issue with the Chief Executive at the AGM.

    At the last AGM he was proud to be "Mr. Cautious" compared to other irresponsible lenders who he took delight in slagging off.

    I'm sure the Chief exec is quaking in his shoes:rolleyes:
    Official MR B fan club,dont go............................
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I wouldn't call it irresponsible, just making sure good customers are on a decent fixed rate.
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Dan: wrote: »
    I wouldn't call it irresponsible, just making sure good customers are on a decent fixed rate.

    Seems some think they should be making greater efforts to turf people onto the streets.
    Dont forget others are queing up for these cheap repos.
    Official MR B fan club,dont go............................
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    Dan: wrote: »
    I was attempting to reply but clicked on thanks by mistake. Got the hump and gave up.

    Don't give me that s**t Dan, just admit it.:D
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    ess0two wrote: »
    Seems some think they should be making greater efforts to turf people onto the streets.
    Dont forget others are queing up for these cheap repos.

    Yes, plenty of vultures on here. Hows !!!!!!? these days?
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Dan: wrote: »
    Yes, plenty of vultures on here. Hows !!!!!!? these days?

    He dont post here anymore............apparently,perhaps hes bit the bullet and bought???:rolleyes:
    Official MR B fan club,dont go............................
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    ess0two wrote: »
    He dont post here anymore............apparently,perhaps hes bit the bullet and bought???:rolleyes:

    I thought he was getting close to it. His posts started to change tone.
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