http://news.bbc.co.uk/1/hi/business/7680498.stm
Charles Okwalinga moved into a council house in Lewisham with his wife and kids which he ended up buying, enticed by the government's right-to-buy scheme.
But he secured a bad mortgage deal and has struggled to meet the payments.
Threatened with eviction for more than a year now, he is desperate for government help to sell his house.
"In 2000 I was looking for a bigger house for my wife and two daughters and we found a three-bedroom council house in Lewisham.
Four years later, we bought the house through the government's right-to-buy scheme.
The government discount was very attractive. We paid £15,000 and the government put in £16,000. That left us with a mortgage of about £167,000.
We had to pay interest at 9.8%, which I was advised was the best I could get at the time because of credit problems, as neither my wife nor I were working. "
So lets get this straight. You took a council house, invoked your right to buy and effectively took £16K of tax payers money to help you buy. You secured a mortgage which you consider bad as no one was working (how the fook you can get a mortgage with just I guess social money is staggering).
Now you demand the government help you out of this mess?
Welcome to Britain gone mad.
Charles Okwalinga moved into a council house in Lewisham with his wife and kids which he ended up buying, enticed by the government's right-to-buy scheme.
But he secured a bad mortgage deal and has struggled to meet the payments.
Threatened with eviction for more than a year now, he is desperate for government help to sell his house.
"In 2000 I was looking for a bigger house for my wife and two daughters and we found a three-bedroom council house in Lewisham.
Four years later, we bought the house through the government's right-to-buy scheme.
The government discount was very attractive. We paid £15,000 and the government put in £16,000. That left us with a mortgage of about £167,000.
We had to pay interest at 9.8%, which I was advised was the best I could get at the time because of credit problems, as neither my wife nor I were working. "
So lets get this straight. You took a council house, invoked your right to buy and effectively took £16K of tax payers money to help you buy. You secured a mortgage which you consider bad as no one was working (how the fook you can get a mortgage with just I guess social money is staggering).
Now you demand the government help you out of this mess?
Welcome to Britain gone mad.
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