Chesterfield Online Forum

General Category => Politics => Topic started by: Pete on September 30, 2013, 09:16:43 AM

Title: 95% Mortgages?
Post by: Pete on September 30, 2013, 09:16:43 AM

On the Andrew Marr show on Sunday David Cameron announced support from the government for people to get a 95% mortgage.

Remind me again - how did we get into this worldwide mess with our finances? I thought it was unscrupulous bankers doing exactly that, lending willy nilly to anyone who could sign his/her name on a loan or mortgage.

I don't get it.

Title: Re: 95% Mortgages?
Post by: Old Cruser on September 30, 2013, 06:42:05 PM

I think the whole economy is far too rocky to be taking on a 95% mortgage TBH, won't take much to land in the brown and nasty.