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Oh dear™: British entrepreneurs locked out of home ownership after rules tightened
I think we should re-introduce liar loans. For 125% of the alleged value of the property. After all, if the repayments cannot be made, the houses can be repossessed and sold at a vastly inflated profit.
I think we should re-introduce liar loans. For 125% of the alleged value of the property. After all, if the repayments cannot be made, the houses can be repossessed and sold at a vastly inflated profit.
We have them... they are called BTL mortgages, except the "landlord" moves into the property.
'Orwell's 1984 was supposed to be a warning, not an instruction manual'. - Nick Pickles, director of Big Brother Watch.
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