Mortgages

[Dazzza]

Why the hell is it that when applying for a mortgage I feel like the naughty child having his life inspected by Father Christmas for dirty stains.

Applied today and sat there as the rather fit Irish advisor scoured my bank statements like a woman scorned looking for lipstick on a husband’s collar.  “I see you like a bet on the horses.” She sneered as if I’d just blown my wad on her desk.  

I then tried to explain it as a little bit of online poker and I make a profit really but the damage was done I was instantly labelled as the man who spends just £20 a week on food and ten times that amount on class A’s and gambling.

Jesus, the only positive thing was my credit rating is now cleaner than my bottom, which after last time is a very big plus.  Fucking Orange.   :evil:

On top of awaiting the decision from my mortgage tart if another charlie sniffs arout the development before Monday afternoon and mortgage D-day I’ll have to crack of a non-refundable 1k to hold it for a further 28days and risk losing the lot if the mortage falls on it's arse.

I blame Ben Wah Balls where is he?

[Ralphy]

I've just got a mortgage on a 2 bedroom apartment, they go through your whole life to see if you can afford it.

[Samdy Gray]

I don't see the point in mortgages. You borrow say £50k but end up paying back about £150k, thats just a rip off. How can people justify paying £100k to borrow £50k, it doesn't make sense.

[Bushey Boy]

Dazza chuck me a pm if your stuck, just tied in with a very personal company that are doing great deals on mortgages.  Launching new company on Jan 1st with them so they are out to impress, if you want their details shout.

Saying that I think Red Macca is a mortgage advisor.

Sam - the reason it costs so much is your borrowing the money over 25 years, if you wre borring it over a year obvuiously you wouldnt have to pay much back.

[Dazzza]

Think my paddy mate has it sorted but cheers for the offer Bushey!

Should hopefully be a little goldmine if I can get my paws on it, just have to wait until Monday for the decision.

Completion set 2008 by which time the value is predicted to have rocketed.

[Samdy Gray]

Sam - the reason it costs so much is your borrowing the money over 25 years, if you wre borring it over a year obvuiously you wouldnt have to pay much back.

I do realise that and obviously the best thing to do is borrow over the shortest term possible and switch around every few years.

Personally, I think the system is unfair. If you've got £250k to buy a house outright then your ok, but if you've got to get a mortgage then you end up paying three times as much as the value of the house.

[Bushey Boy]

Think my paddy mate has it sorted but cheers for the offer Bushey!

Should hopefully be a little goldmine if I can get my paws on it, just have to wait until Monday for the decision.

Completion set 2008 by which time the value is predicted to have rocketed.

definately is a goldmine my man! most properties rise by 20% after completion in teh first year.

You shoudl also look into buy to let, give me a shout......

[Fred Elliot]

Why the hell is it that when applying for a mortgage I feel like the naughty child having his life inspected by Father Christmas for dirty stains.

Applied today and sat there as the rather fit Irish advisor scoured my bank statements like a woman scorned looking for lipstick on a husband’s collar.  “I see you like a bet on the horses.” She sneered as if I’d just blown my wad on her desk.  

I then tried to explain it as a little bit of online poker and I make a profit really but the damage was done I was instantly labelled as the man who spends just £20 a week on food and ten times that amount on class A’s and gambling.

Jesus, the only positive thing was my credit rating is now cleaner than my bottom, which after last time is a very big plus.  Fucking Orange.   :evil:

On top of awaiting the decision from my mortgage tart if another charlie sniffs arout the development before Monday afternoon and mortgage D-day I’ll have to crack of a non-refundable 1k to hold it for a further 28days and risk losing the lot if the mortage falls on it's arse.

I blame Ben Wah Balls where is he?

If it falls out of bed Dazza PM me

I got a solid contact..................... sorted me out big style

[Ralphy]

Sam, without mortgages most of us wouldn't have a house!

[Compo]

I had a mortgage for 15 years, now i dont and its ace

[Cookie]

I've got a mortgage for the next 40 years  

[flammableBen]

If someone gave me a mortgage then they'd be a fucking idiot...

Next on mortgages the true story, a man who got a mortgage and didn't realise he had to pay it back. Exciting stuff!!!! Cunting poo holes, I've missed the afternoon edition of judge judy. I think I may be rambling again.

[magicroundabout]

I've just got a mortgage on a 2 bedroom apartment, they go through your whole life to see if you can afford it.

where have you moved too then?? on your own???

[Dazzza]

I've got a mortgage for the next 40 years  

40?   :shock:

How old were you when you got that?

I've got 29 to go myself and I thought that was bad but at least I can start to pay it off without penalties in a  couple of years.

[Ralphy]

I've just got a mortgage on a 2 bedroom apartment, they go through your whole life to see if you can afford it.

where have you moved too then?? on your own???

New housing development in Chipping Norton on the old Parker Knoll furniture site.

A 675 sq foot 2 bedroom apartment. £96,000.

It's a low cost housing scheme. When i come to sell it, i have to sell it at 70% of the market value.

I bought it for £96,000 so it's currently worth about £120,000.