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EA/Seller messing us around
Comments
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caveatvenditor wrote: »I think you should be more worried about your own position. If youre fixed for two years I hope you can afford 300 extra a month because youre going to be in serious negative equity and unlikely to get another fix.
You shouldnt have bought at the peak of a mega credit bubble.
:rotfl:Are you privy to the OP's finances?
How do you know he'll be in negative equity and have £300 extra to pay every month?? :rotfl:0 -
he makes a good point tho... while lauhing at someone elses misfortune (albeit caused by greed and affecting your self) you could be hit by the same affliction 2 years down the line.
Good point good point.0 -
Rollabout laughing if you wish. You obvously belong to the league of fools who havent got a clue what is going on right now and spend their days watching deal or no deal.:rotfl:Are you privy to the OP's finances?
How do you know he'll be in negative equity and have £300 extra to pay every month?? :rotfl:
The banks are insolvent and are not feeding money into the housing market anymore. House prices are going to crash as the money is not there to support the prices. Any FTB who has just bought with a high LTV is going to be negative equity very soon. When they come to remortgage they are very unlikey to refinance to a good deal are will likely end up on the banks SVR.
Banks are raising rates to recoup their loses in the MBS market. It's the mortgage holder who is going to pay for their profligacy - and boy are they going to pay. :beer: :j :T :rotfl:0 -
I've had a few more calls over the weekend from the EA - I'm ignoring them for now, but the voicemails being left for me to call them to confirm a viewing is just the first step.
I must have missed a post (or its been deleted), but while I do know we purchased 'near' the top of the wave - we can afford our payments, we will not be in negative equity and we have 12 months before we need to look at our mortgate options. Thanks for the concerns!0
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