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Re: was it better back then?
Quote:
Originally Posted by MargaretR
I think it was harder to get a mortgage then.
In 1961 when buying my first house, you had to have been saving with a building Society for at least a year just to get an interview to apply for a mortgage, and then a 20% deposit was mandatory.
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ah my first was early 70s n it was very easy, just went to the council n got a 90% mortgage no problem. so my deposit was only £200.  as the house was £2000.
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N.L.T.B.G.Y.D. Do not argue with an idiot, they will drag you down to their level and beat you with experience. 
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