I want to self certificate - has this got harder due to credit crunch?

Dan_Collins_2

Conrad wrote: »

Dan I'm pleased to be of service.

Of course we should blame the adviser, you see he's an 'ADVISER' - he 'advises' lay people on whether they should or should not borrow. Therefore he is responsible for discharging this duty. Funny that.

A decent adviser will turn away as many people as he helps.

What irks me are beemer driving, thick, ignorant, slick salesmen poporting to be 'advisers'. The sort that would never listen to Radio 4, cause its borin in'it.

Point taken about advice, but I think you know what I am getting at!

I agree about the beemer thing, I went in after one just last night! Hence I got the business and my clients a better protection policy! Although you have to have a little sales person in side of you or you will never do anything, people buy people!

However what music taste has to do with I dont know! I listen to Radio 1 because I like new music, I also listen to classical from time to time!

However Conrad you do give the impression that you are better than everybody else and it seems to bring the worse out in me! Sorry for the rant!

merlinthehappypig

Dan_Collins wrote: »

I remember I was joking about the BBC thing, I think it was me! Also what lender are you dealing with?

I'd rather not say at present in case it isn't entirely kosher and there is a mole on the boards! If and when we decide to buy and it goes through I'll post the details on here. I still want to rent - must resist pressure!

I think too many people blame the advisers when everyone has to accept personal responsibility for their own debts. Aside from a few very vulnerable people who are taken advantage of, most people take out these loans in the full knowledge of what they are doing and have to take the responsibility when it goes pear shaped.

If I do this and I can't repay, it will be my problem. I simply need a large home to accomodate the in-laws and am no longer interested in whether the house makes me money, but like most people the wish to make money has been the driving factor in past purchases. People have to accept that a major purchase like this can go either way.

Dan_Collins_2

chriseast wrote: »

I'd rather not say at present in case it isn't entirely kosher and there is a mole on the boards! If and when we decide to buy and it goes through I'll post the details on here. I still want to rent - must resist pressure!

I think too many people blame the advisers when everyone has to accept personal responsibility for their own debts. Aside from a few very vulnerable people who are taken advantage of, most people take out these loans in the full knowledge of what they are doing and have to take the responsibility when it goes pear shaped.

If I do this and I can't repay, it will be my problem. I simply need a large home to accomodate the in-laws and am no longer interested in whether the house makes me money, but like most people the wish to make money has been the driving factor in past purchases. People have to accept that a major purchase like this can go either way.

Good post, I hope you get what you need and all the best.

Let us know when it goes through, you can PM me if you wish once it completes tolet me know, as conrad says checks can be made after the party so to speak!

(I am not touting by the way, PM is for info only!)

merlinthehappypig

Dan_Collins wrote: »

Good post, I hope you get what you need and all the best.

Let us know when it goes through, you can PM me if you wish once it completes tolet me know, as conrad says checks can be made after the party so to speak!

(I am not touting by the way, PM is for info only!)

I will, Dan.

Caught between a rock and a hard place at the moment. From a financial viewpoint I think that it would be madness to buy again at present. The interest on my capital is paying the rent and more. Asking prices do seem to be on the slide a bit and all the BBC/Newspaper reports can't be doing much for confidence in the market. I'm well placed to buy again if things change.

Against this I have elderly in-laws who can't live on their own for much longer and my wife is an only child, so no-one else to help. They don't want to rent (old addage of 'throwing money away' even though that isn't true at present). I can understand their need for security, but it feels like commiting financial suicide to buy now.

Having been seriously in debt when the kids were young and now being debt-free, I find it difficult to comprehend owing money to anyone else again.

I suspect I will have to concede defeat, but just know I will be able to buy the same house in 12-24 months without a mortgage!

Anyone got any decent sleeping pills?