1. Paul

    I bought a 2 bed apartment in 2006 with a 100% mortgage. I now have approximately 200K of negative equity. I will never go near a bank again for any kind of loan. I made a big mistake but I won’t be making the same mistake again and compounding my debt problems further. If it means raising a family in an apartment then so be it! Fool me once, shame on you; fool me twice, shame on me.

  2. Mossy Heneberry

    My gosh! People eem to have no problem signing away their wealth and futre wealth as well just to get their dream home. Who said renting was dead money.

  3. Karl,

    I don’t like 100% mortgages, but think this is great. My rebuttal is too long for a comment:

    [ps, I find your blog monstrously hard to load on my PC]

  4. Laura

    Im gona stay at home with the parents until ireland sorts out its mess. i want a mortgage badly too, but the way things are going, god knows if ill even have a job by the time this new budget comes 24…

  5. JO

    Think this loan is a great idea for those of us who have only a small amount of negative Equity. Myself and my partner are only 25k in negative equity but can’t add this to a new mortgage for the next house so we’ve missed out on our dream “big” home because of it and have to save for a few more years! Hope they bring this option in for people in the same situation as us so we can make that leap towards a better future.

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