The Credit Crunch
Did you score a bargain in Woolworths?
Meet someone nice in the queue to withdraw your 10p from Northern Rock?
Get made redundant from the job you hated enough to spend all day on b3ta?
How has the credit crunch affected you?
( , Thu 22 Jan 2009, 12:19)
Did you score a bargain in Woolworths?
Meet someone nice in the queue to withdraw your 10p from Northern Rock?
Get made redundant from the job you hated enough to spend all day on b3ta?
How has the credit crunch affected you?
( , Thu 22 Jan 2009, 12:19)
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Mortgage fallen by £650 pcm?
Hmm. Let's think about that. You're on £35k pa plus £2k bonus. £37k pa. Sensible lending is 3.5 times gross salary. £130k. Monthly interest on that at 5% is £540.
If your mortgage has been able to fall by £650 you have therefore borrowed a ridiculous amount or your mortgage company is Big Jerry's Croxteth Mortgages and Kneecaps Inc.
( , Thu 22 Jan 2009, 20:31, 1 reply)
Hmm. Let's think about that. You're on £35k pa plus £2k bonus. £37k pa. Sensible lending is 3.5 times gross salary. £130k. Monthly interest on that at 5% is £540.
If your mortgage has been able to fall by £650 you have therefore borrowed a ridiculous amount or your mortgage company is Big Jerry's Croxteth Mortgages and Kneecaps Inc.
( , Thu 22 Jan 2009, 20:31, 1 reply)
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