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Betty 231

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  1. Is one of the problems contributing to the housing crisis the unwillingness of banks to give mortgages on older properties. We looked at a lot of houses in town, the old streets and terraces off Bucks Road and all the ones we looked at were basically for cash buyers. Maybe that is all the estate agents showed us as we were cash buyers and thought it was a good opportunity to shift them. My brother bought his first wreck at 21 with a mortgage 40 years ago (across) and worked his way up to a beautiful detatched home several properties later. Seems here people want to buy a 3 bed new build semi as their first home.... and if that is the only option they have to get a mortgage I can see why.
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