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Thread: Nicoliar

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  1. #1
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    Quote Originally Posted by thegen65 View Post
    What is a well known fact throughout Scotland?


    And also, Why should anyone give a monkeys about where Nicola Sturgeon lives or who she bought a house from or how much it cost??

    It is hardly going to impact on how you go about your daily business now is it Islay?
    I find it very surprising that she is able to purchase a house costing £783,000 as it is unlikely that she would be granted a mortgage for that amount for what is effectively a second home.

  2. #2
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    Quote Originally Posted by islaydarkblue View Post
    I find it very surprising that she is able to purchase a house costing £783,000 as it is unlikely that she would be granted a mortgage for that amount for what is effectively a second home.
    What makes you think she took out a mortgage on any property?

  3. #3
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    Quote Originally Posted by islaydarkblue View Post
    I find it very surprising that she is able to purchase a house costing £783,000 as it is unlikely that she would be granted a mortgage for that amount for what is effectively a second home.
    How do you come to that conclusion?

  4. #4
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    Quote Originally Posted by thegen65 View Post
    How do you come to that conclusion?
    She was 47 years old in December 2017.
    Banks would be loath to grant a 25 year mortgage for £783,000 for a second home for a person who will be aged 48 on their next birthday

  5. #5
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    Quote Originally Posted by islaydarkblue View Post
    She was 47 years old in December 2017.
    Banks would be loath to grant a 25 year mortgage for £783,000 for a second home for a person who will be aged 48 on their next birthday
    Oh of course they wouldn’t 48 being a coffin dodger? , geez peece of course the banks would loan someone only 48 a mortgage for 25 years , I got one when I was 55 for 25years hefty deposit right enough but can be done

  6. #6
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    Quote Originally Posted by islaydarkblue View Post
    She was 47 years old in December 2017.
    Banks would be loath to grant a 25 year mortgage for £783,000 for a second home for a person who will be aged 48 on their next birthday
    Once again you've assumed she needed a 100% mortgage, maybe she paid part or all up front?

    I'd be very surprised if she didn't have the resources to fund this purchase herself.

  7. #7
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    Apologies to all for the four 'bullying' posts above.

  8. #8
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    [QUOTE=Deeranged;39868163]Once again you've assumed she needed a 100% mortgage, maybe she paid part or all up front?

    I'd be very surprised if she didn't have the resources to fund this purchase herself.[/QUOTE
    £783,000 is a lot of money to save up from her own resources. She will pay a lot of tax and National insurance on her lavish salary since she became an MSP plus the SNP MSPs and MPs hand over an annual percentage of their salary to SNP funds.

  9. #9
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    Quote Originally Posted by islaydarkblue View Post
    She was 47 years old in December 2017.
    Banks would be loath to grant a 25 year mortgage for £783,000 for a second home for a person who will be aged 48 on their next birthday
    I got a 15 year mortgage at 47 years of age. I could have easily got a 25 year one if I wanted it, and could have easily got over £500,000 for that term but opted to borrow less and pay larger payments to get it out the way before I retire - if the disUK government ever let me retire that is.

  10. #10
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    Quote Originally Posted by Deeranged View Post
    I got a 15 year mortgage at 47 years of age. I could have easily got a 25 year one if I wanted it, and could have easily got over £500,000 for that term but opted to borrow less and pay larger payments to get it out the way before I retire - if the disUK government ever let me retire that is.
    The current age for people receiving their state pension is when they become 66. If Scotland becomes an independent country the age for qualifying to receive the state pension is likely to rise as the Scottish Government will not be able to afford it. Nicola Sturgeon should telling us what the qualifying age for a state pension would be in an independent Scotland and what currency they will be paying the state pension.

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