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Originally Posted by aafc01
I work in the mortgages industry, in the area I work, the level of self-certs is less than 10%.
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thats in your area, i was talking about the total number.......
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Originally Posted by aafc01
People are NOT allowed to over borrow on mortgages, it is strictly regulated (by the mainstream lenders) and there is a limit on what you can borrow.
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lenders regulate ?
your having a laugh
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Originally Posted by aafc01
Earn less than 20K? - 3.5x salary plus second salary
Earn more than 20k? - 4x salary plus second salary
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no people easily get away with getting them through brokers, some get them through lenders who DONT do the necessary checks