Banks are refusing to increase mortgages to 30% of the value of the property.
If this is the situation where are they lending?
According to the newspapers today, they are lending abroad, which will create more debt and they expect the tax payer to dig them out again!
I can see a number of banks going under.
I am now beginning to think, that my money is much safer under the mattress and screw the banks. All they do is charge me currently exhorbitant fees for doing very little.
Their time will come.
I am still in favour of the Post Office being made into a fully fledged bank under the stewardship of the government and not ripping people off. Come back the old 'passbooks' and get people back to thinking of savings again.
However, loans are available at a limit of income or monthly income.
If this is the situation where are they lending?
According to the newspapers today, they are lending abroad, which will create more debt and they expect the tax payer to dig them out again!
I can see a number of banks going under.
I am now beginning to think, that my money is much safer under the mattress and screw the banks. All they do is charge me currently exhorbitant fees for doing very little.
Their time will come.
I am still in favour of the Post Office being made into a fully fledged bank under the stewardship of the government and not ripping people off. Come back the old 'passbooks' and get people back to thinking of savings again.
However, loans are available at a limit of income or monthly income.
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