Taking the Plunge

Posted on Wednesday, August 13th, 2008 at 5:00pm

I’m lucky I bought my first gaff when I did, a couple of years ago before this whole credit crunch thing kicked in. What with it now being near impossible to get a first mortgage, I’d have no chance today and would probably still be pouring my money down the drain by renting if I hadn’t take the leap.

It’s no surprise really that approvals for mortgage loans have more than halved over the last year. I bet I’m not the only one letting out a sigh of relief after deciding to take the plunge a few years back.


15.9% APR Typical variable

WARNING: THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. LOANS ARE SECURED ON YOUR HOME. ALL LOANS SUBJECT TO STATUS.