Cheezypuf; I saved up 45.000 capital and then got a morgage to built a bungalow 5 years ago before my boy was born. My partner died last year and the payments got hard to handle. It didnt take long for the bank to get on my case and i was forced out by the bank. Im now renting Just up the road from my house that is boarded up. Ive been through the system and still lost the house and the sick part of it all is the bank is still after 55,000 to clear the intrest. they have the site i baught myself, the house i got the morgage for, my capital and still they want more?? Even my solicitor is dumbfounded on how gready they are. Piler bank my arse.
Superfour; It was this house or a caravan at the time and i didnt know the house was so bad as it had been repainted. Only when the duct tape and newpaper started to fall out of the wall it became clear i was in a barn.Landlord doesnt give a shit and there isnt anywhere else around here that excepts rent allowance so every cut thit is made doesnt help the situation. I not trying to pick fights with anyone here or be blabbing about my own problems but the simple truth of the matter is theres so many people in the same position now and its being swept under the rug.
flogg; I agree with you that every tom, dick and harry could get a loan even without any capital to put against it. I know lots of them myself but not everyone ran into it with there eyes closed. lots of people have lost everything they had saved in order to build a home. I wouldnt be for dept forgiveness either as it is just pushing the bill onto the tax payer and the next generation have anough as it is to pay off for saving the corrupt banks that ive alway believed should of been aloud to collapse and the country wouldnt be as deep in the hole.