Tuesday, Nov 27, 2007
But... I thought there was no sub-prime in the UK!
London Evening Standard: Shaming of brokers who encourage house buyers to take on 'unrepayable' mortgages
"One London couple were encouraged to inflate their joint income of around £24,000 to an imaginary £43,500 in order to qualify for a mortgage of £200,000. They found it impossible to meet the repayments."
Posted by papabear @ 05:12 PM (157 views) Add Comment
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