Oh Dear™ - Mortgage lending in August

[FarmerPalmer]

I remortgaged and was told I could have 4 times what I wanted to borrow.

I think the press are scaring the public into not trying.

[Spacecadet]

7:07pm Thu 25 Sep 08
Yes - he may be 30 and own a Lamborghini Gallardo, and million pound home and plans to retire at 30 but is he happy.....

No, he's a miserable **** and spends most nights munching pot noodles whilst crying with the shame of it all

[Cyberman]

I remortgaged and was told I could have 4 times what I wanted to borrow.

I think the press are scaring the public into not trying.

You are right. Nobody's going to borrow at the moment to buy when they are being told that houise prices will be 50% of what they are now in a year's time. We are now at serious risk of deflation because we are talking ourselves into that scenario where everybody is looking for the good deal months into the future and not spending with the corresponding knock-on effects on jobs, businesses going bust etc.

[Another Dodgy Agent]

I remortgaged and was told I could have 4 times what I wanted to borrow.

I think the press are scaring the public into not trying.

Likewise, both myself and a number of colleagues have remortgaged recently with absolutely no problem and I am still getting the likes of HBOS ringing up trying to get me to take on a credit card with "super low rates" etc.

Whilst clearly their is a problem in the markets, I think the media love to hype up situations, after all bad news sells.

What I want to know is, what happened to:

Whales
Dolphins stuck in fishing nets
Bird flu pandemic
starving african children
AIDS plague
global warming
nuclear disarmanent
natural fish stock depletion
mad cow disease
cloning dinosaurs
panda's not mating

A couple of IB's go down and all the rest of the world's ills get pushed aside! Ruddy media!