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Re: Davidmc
Posted by 'davidmc' on 31 Jan 2009 @ 15:12


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davidmc
Joined: April 2003
Total Posts: 2
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Itpro,

100% correct. 100% mortgages, whilst great for first time buyers, go completely against all common banking principals. It seems odd that a bank would only lend 70-80% LTV to a wealthy investor against a property in a buy-to-let which has demonstrable returns in order to insulate against risk, yet would lend 100% LTV or more to someone unable to raise a deposit and who has just one source of income.

Dave

Message Thread:

£20 internet connection TAX planned  by 'Gillard77'   (30 Jan 2009 @ 10:23)
Re: £20 internet connection TAX planned  by 'Oli'   (30 Jan 2009 @ 10:38)
Re: £20 internet connection TAX planned  by 'dynamax'   (30 Jan 2009 @ 10:49)
Re: £20 internet connection TAX planned  by 'Cadet49Dad'   (30 Jan 2009 @ 12:48)
Re: £20 internet connection TAX planned  by 'kai'   (30 Jan 2009 @ 13:23)
Re: £20 internet connection TAX planned  by 'itpro'   (30 Jan 2009 @ 14:19)
Re: £20 internet connection TAX planned  by 'davidmc'   (30 Jan 2009 @ 14:58)
Re: £20 internet connection TAX planned  by 'itpro'   (30 Jan 2009 @ 15:38)
Cut the tax spend on...  by 'DavyBoy'   (30 Jan 2009 @ 16:03)
Re: Cut the tax spend on...  by 'DevonHawker'   (30 Jan 2009 @ 17:56)
Re: Cut the tax spend on...  by 'DavyBoy'   (30 Jan 2009 @ 18:24)
Re: Cut the tax spend on...  by 'DevonHawker'   (30 Jan 2009 @ 19:59)
Re: Cut the tax spend on...  by 'WillDendy87'   (30 Jan 2009 @ 20:52)
We should encourage the rich to get richer  by 'DavyBoy'   (30 Jan 2009 @ 21:52)
Re: We should encourage the rich to get richer  by 'DevonHawker'   (30 Jan 2009 @ 22:21)
Re: We should encourage the rich to get richer  by 'WillDendy87'   (30 Jan 2009 @ 22:49)
Re: We should encourage the rich to get richer  by 'DevonHawker'   (30 Jan 2009 @ 23:28)
Re: We should encourage the rich to get richer  by 'WillDendy87'   (30 Jan 2009 @ 23:44)
Are you THINKING about what you are writing?  by 'itpro'   (31 Jan 2009 @ 1:27)
Re: Are you THINKING about what you are writing?  by 'WillDendy87'   (31 Jan 2009 @ 10:33)
Re: Are you THINKING about what you are writing?  by 'DevonHawker'   (31 Jan 2009 @ 12:13)
Re: Are you THINKING about what you are writing?  by 'WillDendy87'   (31 Jan 2009 @ 12:17)
Re: Are you THINKING about what you are writing?  by 'itpro'   (31 Jan 2009 @ 12:27)
Re: Are you THINKING about what you are writing?  by 'WillDendy87'   (31 Jan 2009 @ 12:34)
Re: Are you THINKING about what you are writing?  by 'WillDendy87'   (31 Jan 2009 @ 12:51)
Re: Are you THINKING about what you are writing?  by 'WillDendy87'   (31 Jan 2009 @ 10:37)
Re: Are you THINKING about what you are writing?  by 'DavyBoy'   (31 Jan 2009 @ 10:51)
Are you THINKING about what you are writing ? No  by 'DavyBoy'   (31 Jan 2009 @ 10:46)
Re: Are you THINKING about what you are writing ?  by 'itpro'   (31 Jan 2009 @ 11:29)
Re: Are you THINKING about what you are writing ?  by 'WillDendy87'   (31 Jan 2009 @ 11:43)
Re: Are you THINKING about what you are writing ?  by 'itpro'   (31 Jan 2009 @ 11:58)
Re: Are you THINKING about what you are writing ?  by 'WillDendy87'   (31 Jan 2009 @ 12:09)
Re: Are you THINKING about what you are writing ?  by 'WillDendy87'   (31 Jan 2009 @ 12:14)
Re: Are you THINKING about what you are writing ?  by 'davidmc'   (31 Jan 2009 @ 12:34)
Davidmc  by 'WillDendy87'   (31 Jan 2009 @ 12:38)
Re: Davidmc  by 'davidmc'   (31 Jan 2009 @ 12:55)
Re: Davidmc  by 'WillDendy87'   (31 Jan 2009 @ 13:03)
Re: Davidmc  by 'itpro'   (31 Jan 2009 @ 14:15)
Re: Davidmc  by 'davidmc'  << You are here!
Er........ David  by 'itpro'   (31 Jan 2009 @ 14:11)
Re: Er........ David  by 'davidmc'   (31 Jan 2009 @ 14:58)
Re: Er........ David  by 'itpro'   (31 Jan 2009 @ 16:28)
Re: Er........ David  by 'davidmc'   (31 Jan 2009 @ 16:40)
Re: Are you THINKING about what you are writing ?  by 'itpro'   (31 Jan 2009 @ 14:07)
Re: Are you THINKING about what you are writing ?  by 'WillDendy87'   (31 Jan 2009 @ 14:15)
Re: Are you THINKING about what you are writing ?  by 'itpro'   (31 Jan 2009 @ 14:19)
Re: Are you THINKING about what you are writing ?  by 'WillDendy87'   (31 Jan 2009 @ 14:46)
Re: Are you THINKING about what you are writing ?  by 'itpro'   (31 Jan 2009 @ 16:20)
Re: Are you THINKING about what you are writing ?  by 'DavyBoy'   (31 Jan 2009 @ 16:54)
Re: We should encourage the rich to get richer  by 'DevonHawker'   (31 Jan 2009 @ 2:06)
Re: We should encourage the rich to get richer  by 'itpro'   (31 Jan 2009 @ 11:38)
Re: We should encourage the rich to get richer  by 'WillDendy87'   (31 Jan 2009 @ 11:44)
Re:Itpro, outdated industries  by 'davidmc'   (31 Jan 2009 @ 13:04)
Re:Itpro, outdated industries  by 'itpro'   (31 Jan 2009 @ 14:01)
Re:Itpro, outdated industries  by 'DavyBoy'   (31 Jan 2009 @ 21:40)
Re:Itpro, outdated industries  by 'itpro'   (01 Feb 2009 @ 18:06)
Re:Itpro, outdated industries  by 'davidmc'   (01 Feb 2009 @ 20:16)
Re:Itpro, outdated industries  by 'DavidG'   (01 Feb 2009 @ 20:43)
Re:Itpro, outdated industries  by 'WillDendy87'   (01 Feb 2009 @ 21:26)
Re:Itpro, outdated industries  by 'davidmc'   (01 Feb 2009 @ 21:28)
Re: £20 internet connection TAX planned  by 'davidmc'   (30 Jan 2009 @ 13:35)
Re: £20 internet connection TAX planned  by 'chriskasch'   (30 Jan 2009 @ 14:30)
Re: £20 internet connection TAX planned  by 'itpro'   (30 Jan 2009 @ 15:40)
Re: £20 internet connection TAX planned  by 'chriskasch'   (30 Jan 2009 @ 16:03)
alterior motive here  by 'singers'   (30 Jan 2009 @ 14:57)
Re: alterior motive here  by 'itpro'   (30 Jan 2009 @ 15:41)
Its Ulterior not alterior [NT]  by 'DavyBoy'   (30 Jan 2009 @ 16:05)
Re: Its Ulterior not alterior [NT]  by 'itpro'   (30 Jan 2009 @ 19:34)
Re: Its Ulterior not alterior [NT]  by 'WillDendy87'   (30 Jan 2009 @ 20:58)
Re: Its Ulterior not alterior [NT]  by 'DavyBoy'   (30 Jan 2009 @ 21:41)
Re: Its Ulterior not alterior [NT]  by 'itpro'   (31 Jan 2009 @ 1:09)
back on topik...  by 'singers'   (31 Jan 2009 @ 3:31)
Re: back on topik...  by 'jnrblue91'   (31 Jan 2009 @ 20:44)
Re: back on topik... TOPIC !  by 'DevonHawker'   (31 Jan 2009 @ 22:44)
Re: back on topik... TOPIC !  by 'jnrblue91'   (02 Feb 2009 @ 20:22)
Re: back on topik... TOPIC !  by 'KenE'   (03 Feb 2009 @ 23:48)

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