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TheCountOfNowhere

Would you credit that

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2 minutes ago, Mapatasy said:

But but... how will people meet their monthly debt repayments if they are unable to slap it on credit?

What a disaster! ;)

How will they borrow those 20K deposits to buy another BTL bargain pwopatee/

 

I'm just sitting back watching it all unfold.


The bankers have played a blinder, I'd guess the rich men's chips have already been cashed and are currently counting their winnings away from "the table"

 

 

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9 minutes ago, TheCountOfNowhere said:

How will they borrow those 20K deposits to buy another BTL bargain pwopatee/

I'm just sitting back watching it all unfold.

I do hope that you aren't trying to imply that this could somehow impact property prices! ;)

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13 minutes ago, Mapatasy said:

I do hope that you aren't trying to imply that this could somehow impact property prices! ;)

Nope. They saying limit the unsecured lending. People can still MEW their property to fund the lifestyle. Property prices ever only goes up. 

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