It's a shame reallyThey seem to be a responsible solvent company doing the decent and reasonable thing.
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in vino veritas,
Mon 17 Sep 2007, 10:32,
archived)
I'm not sure lending 125% of property value can be described as responsible...just my two-penneth. Which I've already withdrawn.
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J Peasemould Gruntfuttock Alpha Mike Foxtrot,
Mon 17 Sep 2007, 10:33,
archived)
Northern Rock are not the dodgiest of the dodgy sub-prime lendersbut they do do specialist lending that other lenders don't.
I imagine they'd only lend 125% where the money was needed for renovation and the renovated value would cover the entire loan.
(I imagine they'd only lend 125% where the money was needed for renovation and the renovated value would cover the entire loan.
in vino veritas,
Mon 17 Sep 2007, 10:41,
archived)
aye, quite soand the fact so many people are now withdrawing cash isn't helping NR at all,
or indeed the markets and industry in general,
and will have a knock on effect to other lenders as well, all very shaky
(or indeed the markets and industry in general,
and will have a knock on effect to other lenders as well, all very shaky
The Great Architect is still waiting for his account to be deleted on,
Mon 17 Sep 2007, 10:34,
archived)