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The Haunted

Homebuyers Told Not To Lie On Pay

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http://news.bbc.co.uk/1/hi/business/4481818.stm

"The FSA said that since the BBC programme, lenders had tightened up their procedures and were now detecting more fraudulent applications.

A survey earlier this month showed no evidence that mortgage brokers were still systematically letting self-employed borrowers inflate their earnings."

This article from the news blog that caught my attention simply because I know two people who recently had mortgages approved for nearly six times there salary. Yes, I said nearly six times. Both used self certified mortgages to 'inflate' there actual earnings. Both of these guys are in there mid 20's and think that they have to get on the property ladder right now or they will never be able to do it. Erm... good luck lads.

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  • 302 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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