Jump to content
House Price Crash Forum
Sign in to follow this  


Recommended Posts

Driving through harlesden saw a sign attached to lamp post:

Lost your p60 or pay slips? need proof of income? Contact us we can provide them for you  :blink:  :blink:


No need for people to self cert, they can just get pay slips saying they earn 150k a year  :o

I saw one stuck to a sign in London the other day too:


Scary eh!

I also know a junior estate agent who earns a low wage telling me how the resident mortgage advisor at his place "sorted" his paperwork to say he earnt £40k a year in order to buy a flat at 3.5x on an IO mortgage... (is this self cert?!) :ph34r: - he said that the mortgage advisor "does it all the time" and "not to worry about it, everyone does it" - wtf!!! The flat he is buying is intended as a BTL too, he reckons it's risk free (his Dad is lending him the deposit) - I asked if he'd catered for void periods, maintenance, risk of prices dropping etc etc - he hasn't even thought about them it seems, just seems to think that because he *assumes* he can cover the repayments with a tenant and all is well... :o

The flat is in need of "modernising" too apparently, I don't think he's catered for this either, assumes he can plough in with a paintbrush to tart it up...

It's going to end in tears, which is a shame because I like the guy, he just won't listen to sane reasoning.

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.