Not a boomer, try the next lot, better half is..
the offer we got wipe money from the loan, 1 percent below market rate, money towards solicitor's fees and an interesting paragraph that says (and our solicitor said it was the first time he'd seen it we were the 4th one he'd seen), that if it transpires that irregularities or wrong-doing occured by the bank it doesn't stop us from further action...
just been on the phone again with the which bank, things are changing again... Might have been worth our while hanging out to the last minute.
Just go without, starve and kill the loan like the last ime. Only invested in April, tried to get out in July, only wanted a few extra funds incase I was diagnosed with a medical condition that all the docs thought I had, didn't want to be burden on family, public health system at all..
I don't really trust this hardship lot, first 2 we saw she had never heard of the Storm Financial problem.... we did tell her about the home being revalued without being seen - which I understand might be against banking practises, also we kept copies of all documents, so was concerned when the bank sent copies in the mail and they blanked out stuff, also asked why was their own approved by a bank in Mackay when we had ample commonwealth banks where I live. What was discussed and what the solicitor told us, would have been worthwhile gems of information but won't put this out here, might tip people off...
Yes we are lucky we still have a house but will be working till 70..
got fired up yesterday after the visit, we didn't go on any of their hols, or put everything in one basket, probably helped too.
jmac
Jmac, rage less mate, I am on your side.
I am going off stats that are well reported. House affordability on the whole is worse for first home buyers now then when my parents bought in the 70-80's. You didn't want to go to uni? That's your choice mate, but the point I was making is that HECS wasn't even a consideration back then, you wanted to go to uni and could get a job to support your alcohol/food/book habit while you were there, you could do it. And you could get a job without someone looking down their nose at your Bachelor of Arts degree as well.
No doubt you did it tough, but on the whole the Boomers did well with what they were given, as will the newer Gens. Saying 'I don't get what the Y's get' is silly, you had other things that balance it out.
But we digress.