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curious1

Radio 5 Now : Fsa Trying To End Io Mortgages!

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Surprised this hasn't been posted... surely this is huge!?

I, like the presenter would like to know, how many would be affected by this?

/edit... oops, i see there is already a thread... sorry!

linky to first thread on this? ta!

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Surprised this hasn't been posted... surely this is huge!?

I, like the presenter would like to know, how many would be affected by this?

/edit... oops, i see there is already a thread... sorry!

Curiously, I think that the answer is none. Those on IO will be allowed to stay on them and those that don't have them won't be able to get them.

p-o-p

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Curiously, I think that the answer is none. Those on IO will be allowed to stay on them and those that don't have them won't be able to get them.

p-o-p

Yes - but those that wanted them but could no longer get them would have a massive impact on the market...

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Yes - but those that wanted them but could no longer get them would have a massive impact on the market...

Ah happy memories of this site's halcyon days. A person who cannot, from their own means and borrowing, purchase a property is not a participant in the market anymore than someone who is not selling their house or flat.

House prices are the data of sales completed.

p-o-p

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This is really turning into a classic boom and bust.

Regulation loosened on the way up.

Then tightened on the way down !!!

I remember being refused a mortgage in the mid 90s by some banks - and it was only 70% LTV 1.5x my salary !!!!

They saw a £47k loan on a 3 bed semi in the SE as too much of a risk !!

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  • 260 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%



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