Jump to content
House Price Crash Forum
Sign in to follow this  
symo

Halfway Between In Nottingham And Derby

Recommended Posts

Spoke to my parents last night and amongst the news, my parents were asking my uncle if my cousin would be in with her kids to drop off easter stuff. My uncle said no as they had all moved in with her husband's parents, Mum asked why and the bank had repossessed as the mortgage had trebled this year.

More of these to come.

Share this post


Link to post
Share on other sites
More of these to come.

Yep, plenty of these to come however I would imagine that the mortgage has "gone up three times" is three increases in the last year rather than trebbled. Case of chinese whispers or somebody somewhere trying to hide the fact they took on way more debt than they could handle and tryin to deflect the blame by claiming the mortgage has gone up 200%.

Odd isn't it, interest rates going down but people claiming that they can't afford the new payments. Seem to go against the "interest rates need to be 14% before people are in trouble" merchants.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.