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Author Topic: 95% Mortgages?  (Read 1159 times)

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Pete

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95% Mortgages?
« 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.
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Old Cruser

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Re: 95% Mortgages?
« Reply #1 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.
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