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Well work out the true cost of the panels against the true cost of return over 20 years and tell us how much the difference is because apart from the fact that you can now use ALL of the energy you create and the charge that AND the energy you feed in to the grid to your local energy supplier I...

OHHHH Mr Burns Nail & head mate, Nail & head!

I never said it was the brokers fault, and there is a bit more to my story that I won't put on here. I wasn't borrowing the money to use it - I wanted it for now not then! But you would have to be an extremely naive broker not to realise that most if not all of your clients were not borrowing...

Not really, its a long story but basically I was getting divorced and needed to borrow a lump to buy the ex out. My income had dropped due to the divorce. House prices had fallen - I guessed it was only a minor slump and gambled that way. Luckily I guessed right and the following year I made up...

It is true - The broker may not have directly encouraged it but many also glossed over detail they must have known was not strictly correct. Some brokers knew which self certs would be checked and what wouldn't or what the chances were that only 1 in a hundred would be checked. When I got my...

Don't be silly US they are linked as many people finance their businesses using their houses as collateral. There are lots of businesses that were set up and running on money from their homes. People saw that house prices would only go up and if they needed money to fund their business they...

Exactly - and anyone that can show that they actually can afford the mortgage they seek will get one. Its not the getting of a morgage thats the problem now its the proof and affordability thats the problem.

Your missing the point US People always find away round the system - sometimes the system will find away round for them. Ypu only have to go back 30 years and most people were not self employed and did not use brokers. You could say that brokers became abundant because so many people became...

I think someone already posted it on here but what will happen is that the self employed will start showing a profit on there books TO GET A MORTGAGE as opposed to writing their books down to save tax. As Mr Burns said - if not the self employed will just become employed.