THE HOUSE PRICE CON

Erm, the funny thing about renting a nouse is that generally it is cheaper to buy and pay the mortgage. So people who are refused a moortgage for enough to buy have to pay out even more just to rent. So is it a surprise they lie to get a mortgage?

Mr Brown has kept interest rates low. This has undoubtedly helped push up prices....because everyone can afford a bigger mortgage!

Now, if mr Prescott would just grant more planning permission we might be able to build enough houses, reduce demand a bit, and slow down price rises.
 
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A Young friend of mine has been living at home with his elderly mother,

he wanted rights over the house etc , as he is a carer an her/him on loads of benefits he went to a broker they gave him a mortgage as is , a 8% to take on the mortgage which is 30 K left of a NOW 200 k house ,

this a huge apr I Know ,I didnt want to get him upset but Im sure when he gets some of his own "credit ",credit history...
he will be able to get a better deal..
 
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