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Buying and job under threat?
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Do you really want to take on a mortgage when income is not secure?0
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really, do not say anything unless you want the mortgage pulled. with MMR rules they are looking for any excuse not to lend and you will give it to them.
while the idiots in their ivory towers advise 'honesty is the best policy' I doubt their home has ever been under threat and if it was they would act the opposite to their advice.
Let me ask all of the ivory tower dwellers this question, if you and your children were starving and you found a bundle of money in the street (with no purse or wallet) would you hand it in to the police like a good citizen.....yeah sure you would.
These financial institutions are the same ones whose 'casino' arm nearly broke the economy and walked away without a scratch, i for one would not lose an ounce of sleep by being economical with the truth when it comes to them.
keep quiet, use your savings and get a new job asap....
I suppose I am one of those in an ivory tower?
I didn't give any advice - I don't pretend to be qualified to. I don't really understand mortgages or anything. All I did was tell 2 stories about people close to me, who I assume didn't lie to me, which were relevant to the thread. What the OP does with that is up to them. Obviously other people are giving an alternative opinion which is giving the OP a range of opinions before they decide.0
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