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Old 24th May 2011, 01:47
  #21 (permalink)  
Buster Hyman

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Join Date: May 2000
Location: #3117# Ppruner of the Year Nominee 2005
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Similar to what happened in Sunbury Anthill, but I've not seen any figures released. Sudden surge of properties on the market drove the prices down, compounding the issue for those that HAD to sell!

Luckily, we had a "generous" bank that allowed us to stop repayments. Interest kept climbing & we ate up all the money that we were "ahead" with, but we kept the house. I think it was almost 3 years before we restarted our payments and not once did we get a call from the Bank asking us when we were planning to start paying it off.
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