Accrington Web - View Single Post - Bedroom tax

GEaston · 17-05-2013, 23:39

Northern Rock did 125% loan to value mortgages, so no deposit required and they'll give you 25% of what the house was worth on top. Much of that lending is now being paid by the taxpayer.

17-05-2013, 23:39	#99
GEaston Full Member Join Date: Mar 2013 Posts: 198 Liked: 46 times Rep Power: 64	Bedroom tax - targeting the poorest. Northern Rock did 125% loan to value mortgages, so no deposit required and they'll give you 25% of what the house was worth on top. Much of that lending is now being paid by the taxpayer.