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mallory

Mortgage Lenders Demanding Full Pricing Disclosure From Home Builders?

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Hi,

was in pub last night with a good friend, he's the technical director of a mid size home building firm.

he dropped this into the conversation:

"Banks are now demanding full declaration from us on any home purchase deal, and are demanding that we sign a legal document stating that we have made a full declaration"

"so", i replied, "no more BMW's waiting in the garage in your new home then?"

"No more BMWs, no more cash backs, no more STAMP Duty paid's"

that really is all i know, but its interesting... another sign of banks been more careful with their money...

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  • 293 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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