A BANK has explained to a woman paying out £950 per month on rent that she cannot afford a £550 mortgage because she does not have any spare money.
Emma Bradshaw has been informed that even though she pays more than half her monthly income on the eye-gougingly expensive rent of a tiny flat, she cannot afford to pay less for a bigger property.
Bradshaw said: “It’s a fiendish mental puzzle that I can’t quite comprehend. Almost as though it makes no f**king sense whatsoever.
“I’ve saved a deposit. I’ve proof of my income. I’ve broken down my budget. According to simple maths I could afford it and treat myself to a monthly iPad. But not according to the bank.
“I went through this before the pandemic, but my pay’s gone up loads. But so have houses, apparently. And not incidentally so has my cocking rent.
“Either I’m completely stupid or the entire system’s completely f**ked and we need to destroy it, which won’t happen so I’ll end up living on the street. Or perhaps the bastard bank doesn’t think I can afford that either.”
Bradshaw’s landlord later called the bank to confirm he had been granted a seventh 100 per cent buy-to-let mortgage, and was told that was absolutely fine.