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ARENAPUA

Interesting Telegraph article

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"The brothers have to add £350 a month to the rent they collect to service the £900-a-month loan, as well as make mortgage payments on the homes they live in."

Twunts

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Not the kind of prisoners I have enormous sympathy for. The moral equivalence is lost on me.

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The example is laughable ..brought house hoped to sit on it then flip it for profit but alas the market crumbled and got stuck with it ..sorry not a inch of sympathy for them

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13 hours ago, ARENAPUA said:

Hopefully the publication of articles like this will influence people's buying (i.e. not buying) decisions.

Every little helps....and also highlights how stupid some sheeple are...

http://www.telegraph.co.uk/personal-banking/mortgages/mortgage-prisoner-explosion-new-generation-risk-crippling-rates/

Telegraph Money has been inundated with correspondence from readers who were horrified to find themselves paying high rates.  I'd like to know what inundated to them means

A 0.2% drop a few months in a row and they're screaming blood.  Gov handouts then when the real drops start.

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41 minutes ago, giggler000 said:

Telegraph Money has been inundated with correspondence from readers who were horrified to find themselves paying high rates.  I'd like to know what inundated to them means

A 0.2% drop a few months in a row and they're screaming blood.  Gov handouts then when the real drops start.

High rates.... What 2% :lol:

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