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Farm Business
Agricultural Matters
Overdraft requirements for coming growing season.
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<blockquote data-quote="glasshouse" data-source="post: 6745290" data-attributes="member: 10610"><p>That wont affect those lenders, rates are already sky high.</p><p>Britain is now divided into two parts, those who owned property before 2008 , and those who didnt.</p><p>Those who did, are either mortgage free or mostly paying a tiny mortgage if on a floating 1% or so over base , which most are.</p><p>Those who didnt own at that date now cannot fulfil the strict lending requirements of 3 times salary, are getting humped by runaway rents, cant save a deposit etc.</p><p>Gordon brown , the good labour man that he is opted to keep the rich getting richer, the ones who caused the banking crisis, while making the poorer sector of society foot the bill</p></blockquote><p></p>
[QUOTE="glasshouse, post: 6745290, member: 10610"] That wont affect those lenders, rates are already sky high. Britain is now divided into two parts, those who owned property before 2008 , and those who didnt. Those who did, are either mortgage free or mostly paying a tiny mortgage if on a floating 1% or so over base , which most are. Those who didnt own at that date now cannot fulfil the strict lending requirements of 3 times salary, are getting humped by runaway rents, cant save a deposit etc. Gordon brown , the good labour man that he is opted to keep the rich getting richer, the ones who caused the banking crisis, while making the poorer sector of society foot the bill [/QUOTE]
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Overdraft requirements for coming growing season.
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