From: "Tumbleweed" 
Newsgroups: uk.finance
Subject: Re: Lending to over-65s
Date: Thu, 30 Mar 2006 07:59:17 +0100


"Windmill"  wrote in message 
news:IwxBFz.4F@Millstream.onetel.net.uk...
> "Tumbleweed"  writes:
>
>>Why dont you sell one of your current properties and use the money from 
>>that >>instead?
>
> If money was worth anything, that would make sense.
> But if I'd done this in the 1980s, as one lawyer suggested/urged, I
> would have got 7,500 which would probably be long gone with little to
> show for it.

This isnt the 1980's, and you are 30 years closer to a time when you wont 
need any of that money, ever again.  You are complaining about the 
properties barely paying for themselves, which means you arent bringing any 
money in, what would you pay the loan with?

-- 
Tumbleweed

email replies not necessary but to contact use;
tumbleweednews at hotmail dot com