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Treasury seeks to boost 95% mortgages

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Comments

  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Percy we are both home owners, come and join the home owners marching band and let's march up and down the streets to the sound of home ownership

    I don't own it all just yet, but I am getting there.

    Either way I can see past my own nose and know having an extra £50k in equity I have done nothing to earn will just have to be paid by the generations after me. I don't deserve the money and they don't deserve the bill so lets stop the madness now.
    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
  • Not at all, and I apologise if I have it wrong.

    So are you saying that you haven't wanted an increase in regulations around mortgage lending since the credit crunch?

    No answer, I see. I expected as much. I doubt I'll have to apologise any time soon. :)
  • Percy1983 wrote: »
    I don't own it all just yet, but I am getting there.

    Either way I can see past my own nose and know having an extra £50k in equity I have done nothing to earn will just have to be paid by the generations after me. I don't deserve the money and they don't deserve the bill so lets stop the madness now.

    Strange that, you told me the other day that renters are trouble and poor people smell bad

    How about I change name to Percy's marching band? :)
  • No answer, I see. I expected as much. I doubt I'll have to apologise any time soon. :)

    Let me know of your new user name ASAP after this latest reincarnation has been PPR'd will you.

    Saying that you are always so easy to spot anyway.
  • Let me know of your new user name ASAP after this latest reincarnation has been PPR'd will you.

    Saying that you are always so easy to spot anyway.

    Deflection. Building strawmen because you don't want to enter into discussion. Remind me, what is the point of coming to a debating forum if you are too afraid to debate?

    I dunno, seems a little pointless? :(
  • Let me know of your new user name ASAP after this latest reincarnation has been PPR'd will you.

    Saying that you are always so easy to spot anyway.

    I must admit that I did think RenovationWoman was a Tootsie style sockie of one of the persona. Appears he has put me ignore for being one even though I am not but eh oh :(.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • DervProf
    DervProf Posts: 4,035 Forumite
    Percy1983 wrote: »
    I don't own it all just yet, but I am getting there.

    Either way I can see past my own nose and know having an extra £50k in equity I have done nothing to earn will just have to be paid by the generations after me. I don't deserve the money and they don't deserve the bill so lets stop the madness now.

    You, sir, are a wise man.

    The greed is weak in you, I can tell.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    DervProf wrote: »
    You, sir, are a wise man.

    The greed is weak in you, I can tell.


    Even you are beginning to sound like Yoda now;)
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • Chrysalis
    Chrysalis Posts: 4,780 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Why do you think that?

    Don't you think that the financial institutions have learnt from previous mistakes?

    if they had then we wouldnt be seeing 100% mortgages.

    This country has an obsession with house ownership, too many people see rent as dead money etc.
  • Chrysalis wrote: »
    if they had then we wouldnt be seeing 100% mortgages.

    This country has an obsession with house ownership, too many people see rent as dead money etc.

    Are there currently any 100% mortgages apart from the one where someones parents have to use their own house as a guarantee for their children?
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