You are reading a single comment by @Hefty and its replies. Click here to read the full conversation.
  • lol. Helping more "hardworking families" to get on the "buy to let ladder" (shit you not, it's a phrase from the Torygraph).

  • In 2007 a mechanic friend of mine had worked his way up to 18 buy to lets.

    It didn’t end well.

  • It didn’t end well

    Not surprised.. but if he'd managed to hang on he would be laughing now.

    Pre-07 bank lending was just on a different planet, but I am sure there are people out there that would be in a much worse financial situation today if they hadn't got a 100%+ LTV Northern Rock mortgage as an FTB.

About

Avatar for Hefty @Hefty started