Johnny75
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You can't seriously be arguing with members of the Labour Party?
They're above you don't you know?
Capital Gains Tax
- Thread starter Hereford Wolf
- Start date
They're above you don't you know?
jlo
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I don't think you're referring to me as a member of the Labour Party, maybe you have me confused.
However Leeds is right on two points - the Skipton 100% Mortgage (which is the one we are all referring too) is capped to roughly 3.5x salary, and you're saying 288k will get you a lot in the West Midlands, but Leeds was pointing out it'd only give the average waged person a mortgage of ~£105k. Big big difference.
And when I say trust me, I mean I have literally been given a Decision in Principle from them only yesterday on a much higher amount for a 100% mortgage, and the choice of homes available in that range (which I'm not sharing on purpose) is soul destroying, for a joint application. I am in London but even looking significantly outside barely helps.
At the same time, the flat I live in has gone from 260k cost in 2009 to valuation of over 700k today. Someone's doing OK out of this mess, and it's not my generation.
However Leeds is right on two points - the Skipton 100% Mortgage (which is the one we are all referring too) is capped to roughly 3.5x salary, and you're saying 288k will get you a lot in the West Midlands, but Leeds was pointing out it'd only give the average waged person a mortgage of ~£105k. Big big difference.
And when I say trust me, I mean I have literally been given a Decision in Principle from them only yesterday on a much higher amount for a 100% mortgage, and the choice of homes available in that range (which I'm not sharing on purpose) is soul destroying, for a joint application. I am in London but even looking significantly outside barely helps.
At the same time, the flat I live in has gone from 260k cost in 2009 to valuation of over 700k today. Someone's doing OK out of this mess, and it's not my generation.
Wolf Hunting
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I remember when we were saving to try to buy our house, we were paying €1400 a month rent, and had been for years, so the proof that we could do it was there, but the house we wanted would have been €760 a month repaying the mortgage.
Fucking banks refused us a mortgage.
Fucking banks refused us a mortgage.
