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<blockquote data-quote="ARW" data-source="post: 4274902" data-attributes="member: 1910"><p>Mortgages are a shambles in my view, the lads who work for me can get a mortgage fairly easily, yet I can't get one as I'm to high risk being self employed! Doesn't matter that I'm paying staff that pay a mortgage!</p><p>If work dries up what do they think I will do? Lay off the men or stop paying my mortgage?</p><p>The credit crash really has made it impossible for the young entrepreneurs, I need at least a 50% deposit, 3 years making a good profit, 5 years of not making a loss, and then it can still be a no because it's high risk. </p><p>Even when offering land as security, </p><p>It's a joke</p></blockquote><p></p>
[QUOTE="ARW, post: 4274902, member: 1910"] Mortgages are a shambles in my view, the lads who work for me can get a mortgage fairly easily, yet I can't get one as I'm to high risk being self employed! Doesn't matter that I'm paying staff that pay a mortgage! If work dries up what do they think I will do? Lay off the men or stop paying my mortgage? The credit crash really has made it impossible for the young entrepreneurs, I need at least a 50% deposit, 3 years making a good profit, 5 years of not making a loss, and then it can still be a no because it's high risk. Even when offering land as security, It's a joke [/QUOTE]
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