New Posts For Thread: mortgageshttps://community.betfair.com/general_betting/go/thread/view/94082/23481894/mortgagesWonder if anyone can shed some light on what the current mortgage situation is . I spoke to a mortgage advisor today who informed me that my 25% deposit was basically useless if i couldnt provide proof of earnings, would be looking at 50 odd% beforejb..ican supply proof of earings..ive got some here..they really do exist..would you like me to send them to youhttps://community.betfair.com/general_betting/go/thread/view/94082/23481894/mortgages?post_id=419432910#419432910jb..ican supply proof of earings..ive got some here..they really do exist..would you like me to send them to youSun, 20 Dec 2009 06:59:06 -060050% was no good 6 months ago. But things are constantly changing, so its a matter of keeping ear to the ground and hedging your bets, trying various brokers, and making sure your credit rating is top notch if its the only way you can go. Avoid credithttps://community.betfair.com/general_betting/go/thread/view/94082/23481894/mortgages?post_id=419432906#41943290650% was no good 6 months ago. But things are constantly changing, so its a matter of keeping ear to the ground and hedging your bets, trying various brokers, and making sure your credit rating is top notch if its the only way you can go. Avoid creditSun, 20 Dec 2009 05:35:41 -0600I got a mortgage off the Abbey recently - borrowed a large sum but with a 40% deposit to put up against it. I had a relative with a massive income as a joint applicant (the greater part of my income is from punting so hard to prove) and it was stillhttps://community.betfair.com/general_betting/go/thread/view/94082/23481894/mortgages?post_id=419432838#419432838I got a mortgage off the Abbey recently - borrowed a large sum but with a 40% deposit to put up against it. I had a relative with a massive income as a joint applicant (the greater part of my income is from punting so hard to prove) and it was stillFri, 18 Dec 2009 10:45:11 -0600JB Spoke to my Broker the other day and The Abbey are doing mortgages without too many questions as long as you have 25% to put down.https://community.betfair.com/general_betting/go/thread/view/94082/23481894/mortgages?post_id=419432830#419432830JB Spoke to my Broker the other day and The Abbey are doing mortgages without too many questions as long as you have 25% to put down.Fri, 18 Dec 2009 10:15:04 -0600Looks like the self cert era of mortgages has come to an end me thinks. Just out of interest what are the typical terms of a buy to let mortgage? ie deposit,rate,proof of earings etc?https://community.betfair.com/general_betting/go/thread/view/94082/23481894/mortgages?post_id=419432802#419432802Looks like the self cert era of mortgages has come to an end me thinks. Just out of interest what are the typical terms of a buy to let mortgage? ie deposit,rate,proof of earings etc?Fri, 18 Dec 2009 06:47:21 -0600I agree the dza. But the fact is individuals risk a term of imprisonment for obtaining a mortgage by deception. The lenders' chief executives are never prosecuted though for their part in the conspiracy to defraud the institutions they are supposed thttps://community.betfair.com/general_betting/go/thread/view/94082/23481894/mortgages?post_id=419432718#419432718I agree the dza. But the fact is individuals risk a term of imprisonment for obtaining a mortgage by deception. The lenders' chief executives are never prosecuted though for their part in the conspiracy to defraud the institutions they are supposed tFri, 18 Dec 2009 03:11:31 -06001hearts. Banks are by far and away the worst, I agree. But many shady characters were all too ready to take part in the glorified pyramid scheme that was the housing market over the past 10 years. Accountability should be held at all levels imo, if ohttps://community.betfair.com/general_betting/go/thread/view/94082/23481894/mortgages?post_id=419432678#4194326781hearts. Banks are by far and away the worst, I agree. But many shady characters were all too ready to take part in the glorified pyramid scheme that was the housing market over the past 10 years. Accountability should be held at all levels imo, if oThu, 17 Dec 2009 14:25:35 -0600the daza.If we are aportioning blame then put it where it belongs, with the banks. They knew of the "frauds" and actively encouraged them to increase business. Mortgage lending had reached a peak, the only possible way to keep the lending going washttps://community.betfair.com/general_betting/go/thread/view/94082/23481894/mortgages?post_id=419432674#419432674the daza.If we are aportioning blame then put it where it belongs, with the banks. They knew of the "frauds" and actively encouraged them to increase business. Mortgage lending had reached a peak, the only possible way to keep the lending going wasThu, 17 Dec 2009 14:02:10 -0600Basically, Bung It On is a former mortgage advisor who may have suggested to clients, in the past, to "think outside of the box" (does this mean lie?). He and his ilk should be put in prison, in the opinion of some people. Some accountability might hhttps://community.betfair.com/general_betting/go/thread/view/94082/23481894/mortgages?post_id=419432662#419432662Basically, Bung It On is a former mortgage advisor who may have suggested to clients, in the past, to "think outside of the box" (does this mean lie?). He and his ilk should be put in prison, in the opinion of some people. Some accountability might hThu, 17 Dec 2009 13:37:35 -0600Bung It On 17 Dec 19:18 Why do Betfair never make books on things i know about!Yes it is deception, that does not make it a criminal offence. Hi m8, could you explian this please3 or give me a link where I could read up on it.Thankshttps://community.betfair.com/general_betting/go/thread/view/94082/23481894/mortgages?post_id=419432658#419432658Bung It On 17 Dec 19:18 Why do Betfair never make books on things i know about!Yes it is deception, that does not make it a criminal offence. Hi m8, could you explian this please3 or give me a link where I could read up on it.ThanksThu, 17 Dec 2009 13:34:58 -0600