Mortgages after sub-prime crisis

I am a regular reader of the newspaper, particularly Kathleen Barrington’s articles on the sub-prime market.

I am a regular reader of the newspaper, particularly Kathleen Barrington’s articles on the sub-prime market.

My wife and I ran into credit difficulties and the end result was that we could not get a normal remortgage.

Our sub-prime lender nearly crippled us with interest rises in 2006, from€1,540 to €1,940 in six months, before tax relief.

We both work, earning a salary of €65,000 between us, and money is tight, with a ...