"Lenders relax criteria in August as higher LTV deals bloom"

[fullyautomatix]

Mortgages like 125% mortgage ( issued by Northern Crock to public sector workers in the North ), low LTV of 5%, sub prime mortgages to fruit pickers etc etc are the reason were in deep sh!t. Banks used to be very conservative and lend to strong principles before the era of big bonuses came along and by chasing bonuses these criminal banksters lent money to anybody who stretched out a hand.

You now have the gall to suggest that we go back to those irresponsible days ? Let me guess, you are a strong supporter of Gordon the economic genius Brown and vote New Labour.