The Times - Generation Boomerang is here to stay, unable to 'Foxton' (or to 'Fleverage') - August 2013
"The average loan-to-value at the big banks is about 50 per cent," says Aaron Strutt of Trinity Financial, a firm of brokers.
That speaks volumes about the amount of equity or size of deposit lenders like to see: they feel comfortable with a deposit of at least 20 per cent.
They're going to reject anyone who has missed a credit card or mortgage payments in the past.
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August 30, 2013
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