spyguy Posted June 4, 2019 Share Posted June 4, 2019 Dum dah dum. High on crack an toting a pro-cyclical dumb vote buyer.... Ad on Planet Rock - turn it up to 11! 'Remortgage with Barclays. Well let you know an answer without damaging your credit score' A more cynical person than me would think there were a load of people without a pot to p1ss in, trying to remortgage after a cheap 5 years deal, maybe one that was subbed by 25% of equity. and with such a long loan term (30=) that theyd reduced f-all off the capital and finding they cannot as the initial mortgage was an idiot loan, by the bank to suck up to UKGOV. And maybe the house they bought, new build perhaps, is worth 15%+ less than they bought it for. And that the original bank wont let them remortgage as they now fail the new affordability checks and the bank. Natiowide perhaps, suddenly finds itself very short of cheap capital. Quote Link to comment Share on other sites More sharing options...
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