Monday, December 23, 2013

So here it is “Merry Christmas” everybody’s having fun (Slade)

Homeowners remortgage to fund Christmas

Gross remortgage lending jumps 24pc as owners use homes to funds festive spree.... "Look to the future now, it's only just begun..." (whatever happened to Noddy H?).

Posted by alan @ 02:36 PM (2401 views)
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2 thoughts on “So here it is “Merry Christmas” everybody’s having fun (Slade)

  • Thecountofnowhere says:

    What could possibly go wrong!!!!

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  • Those remortgaging are each taking out an average £26,400 in extra equity, which will most likely be used to fund a festive spending spree,” said Andy Knee, chief executive of LMS. ”

    I’m thinking, £26.400 on a Christmas spending spree? Is Mr Knee really that mental that he thinks this to be the most likely reason?

    But wait,

    The Government’s Help to Buy scheme is also making mortgage lending cheaper and more affordable.

    ….So they know the score, but are just throwing out a few decoy flares.

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