BBC Radio 5 Live

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A chat about the Nationwide Building Society after it annouced they they are offering some of its negative equity customers 125% mortgages. Mike also raises his concerns to Victoria Derbyshire about all those people that are having their homes repossessed pointing out that they can be pursued for up to 12 years for the mortgage shortfall debt following the sale of the home, and in some cases this can be extended even further.


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Dick Turpin (Guest) Thursday, 29 December 2011

As long as the obsession with equity exits house prices will not fall to realistic affordable levels, offering 125% mortgages is not the answer, those people should suffer for being such pr*cks in the first place, don't buy it if you can't afford it - A house is to live in - I have no sympathy with these debt riddled idiots!


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