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timeasmymeasure
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Date: 2016-02-14 04:10 pm (UTC)Back when things were completely crazy, they'd have let you borrow £250k to buy a £200k property on sub-£50k income if you self-certified as earning £50k. They'd even have given you an interest-only mortgage with no indication of how you'd ever pay back the principal.
This may be a clue as to why things went wrong…