So annoyed

brucie1996 | 20:52 Mon 29th Jun 2009 | ChatterBank

5 Answers

My friends daughter has been house hunting they looked at a few old ones then decided to go for a brand new one. The moving date is in 3 weeks(that is when she has to be out of the rented property she is in now) After chasing up the survey again they have been told 80% is the most you can borrow on a new house!!!. The woamn they have been dealing with has never uttered a word about this & she is on holiday for 2 weeks. To say every one is upset is an understatement .Is the 80% max a bog standard thing?

Why do brits moan so much?

it doesn't get much better

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carrot99

They need to check with other mortgage lenders - 20% seems an extremely large amount to put down.

Who could afford to pay �20k out of every �100k, surely that's ridiculous?

dot.haukes

http://www.lovemoney.com/news/mortgages/new-bu ild-mortgages-are-still-restricted-2459.aspx