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100% mortgages - it begins!

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Comments

  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Sibley wrote: »
    Yeeeessss.
    Get in there my son. HPI on the way.

    I do respect the fact that you don't pretend to be anything other than selfish.

    In all honesty I prefer it to those who pretend they care of others while really pushing there own agendas.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • macaque_2
    macaque_2 Posts: 2,439 Forumite
    Turnbull2000 wrote: »
    http://www.ftadviser.com/FTAdviser/Mortgages/News/article/20110810/02b84264-c33f-11e0-96f5-00144f2af8e8/Bank-offers-100-LTV-mortgage-direct-to-customers.jsp
    Apparently this product is based on 'affordability' rather than salary multiples. No surprise there. What is surprising is that they're back so soon - I guessed they'd return in 2012. Only a matter of time until other lenders start to complete. I wonder what the rates are though?

    I fear the bulls have got the wrong end of the stick. This is a commercial mortgage for businesses in the health sector. This is about lending against a business plan in a fairly recession proof industry (and unlike domestic property, commercial property has bombed).
  • tesuhoha
    tesuhoha Posts: 17,971 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Mortgage-free Glee!
    Well my husband faces being laid off in the next 3 weeks and there are few jobs in the building industry so I suppose in a selfish kind of way I would reluctantly welcome 100% mortgages.
    The forest would be very silent if no birds sang except for the birds that sang the best






  • LilacPixie
    LilacPixie Posts: 8,052 Forumite
    tesuhoha wrote: »
    Well my husband faces being laid off in the next 3 weeks and there are few jobs in the building industry so I suppose in a selfish kind of way I would reluctantly welcome 100% mortgages.
    I hope he either gets kept on or finds something quickly...
    MF aim 10th December 2020 :j:eek:
    MFW 2012 no86 OP 0/2000 :D
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