Banks are STILL being stupid in Lending!
13 October 2010, 04:53 PM
#1
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Banks are STILL being stupid in Lending!
Just asked Lloyds TSB what they would consider lending me ..... the answer was, quite simply, staggering.
£481,247!!!!!!!!!!!!!!!!!!!!!!!
Which is complete and utter madness in my opinion - I wouldn't lend me THAT!
Now, if I was simple I could now buy a £1,000,000 house - and still have change from sixpence! But I'm not about to!
If this kind of ridiculous lending practise is going on then we are in for another mess!!
£481,247!!!!!!!!!!!!!!!!!!!!!!!
Which is complete and utter madness in my opinion - I wouldn't lend me THAT!
Now, if I was simple I could now buy a £1,000,000 house - and still have change from sixpence! But I'm not about to!
If this kind of ridiculous lending practise is going on then we are in for another mess!!
Last edited by pslewis; 13 October 2010 at 05:14 PM.
dl
13 October 2010, 06:30 PM
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I am sorry but a statement like the one you posted Pete is invalid without any evidence to back it up...I just got a call from HSBC who said if I open an account with them they would come round and vac my floor...needless to say I negotiated a window clean too...woohoo.
A waste of a thread....I hope the holes don't appear.
A waste of a thread....I hope the holes don't appear.
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I really am wasted here ....................... 
13 October 2010, 08:49 PM
#15
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You will note that I think it a stupid amount to lend me, it's NOT a statement of what I earn at all - how can it be??? We need to get back to the old regime of lending where multiples are strictly adhered to .... and I think there will be new rules next year on this.
13 October 2010, 08:59 PM
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Not at all ... !!!!
You will note that I think it a stupid amount to lend me, it's NOT a statement of what I earn at all - how can it be??? We need to get back to the old regime of lending where multiples are strictly adhered to .... and I think there will be new rules next year on this.
You will note that I think it a stupid amount to lend me, it's NOT a statement of what I earn at all - how can it be??? We need to get back to the old regime of lending where multiples are strictly adhered to .... and I think there will be new rules next year on this.
13 October 2010, 09:49 PM
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Thankyou, thankyou, thankyou, 
It may have taken over three (or even four) years, but yup, the truth is coming out about the "attention *****" and his "stories".
The four year old thread still burns at Who Has The OLDEST Mobile Phone Here? .
Hauntings - oooooooh!
mb
It may have taken over three (or even four) years, but yup, the truth is coming out about the "attention *****" and his "stories".
The four year old thread still burns at Who Has The OLDEST Mobile Phone Here? .
Hauntings - oooooooh!
mb
13 October 2010, 10:18 PM
#20
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13 October 2010, 11:05 PM
#23
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Well they're not lending me a small amount against my mortgage despite the local branch agreeing that it made a lot of sense, responsible lending my ****, that's the alliance and leicester
13 October 2010, 11:11 PM
#24
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13 October 2010, 11:12 PM
#25
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14 October 2010, 09:18 AM
#28
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They will take 8 years of Consultancy Fees into account .... of course I own several other houses, shares and other assets - the 50% deposit also counts for something.
STILL they shouldn't be tempting me with such lending!! I'm intelligent enough to resist, but some poor souls get taken in and will lose their homes when rates return to their long time average of 8%!!
STILL they shouldn't be tempting me with such lending!! I'm intelligent enough to resist, but some poor souls get taken in and will lose their homes when rates return to their long time average of 8%!!
14 October 2010, 09:20 AM
#29
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