Mail: Negative equity stalks buyers

Dedicated to all BTLers and various punters... "Some lenders, such as A&L, offer a mix of debt in the form of a mortgage and a personal loan that can take the total owed up to 125 per cent of a property's value." Geez, you start in negative equity!! "We gambled on our house - and won. Beautician Amy Hayward and boyfriend Michael Shorter believe they got on the property ladder just in time. Amy says had they not taken a gamble in February 2006, when they borrowed 105% of the asking price of their one-bedroom, end of terrace house in Kidlington, Oxfordshire, they would have missed their chance to become homeowners at all." Is this home ownership talk, or gambling... is there a Glen or a Paolo out there who still think it is sustainable, maybe with some supply and demand B/S**t...