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"What is the worst job you have had. During the property crash and recession of 1988 i worked for a large building society in there mortgage department. I had on a daily basis to send out repossession orders I had people come in to the branch in tears others very angry. We found house keys posted through our postbox. Not a nice time mortgage rates climbing as high as 17 percent one client had a mortgage rate of 21 percent. But the real killer that had me awake at night feeling guilty was that my then girlfriend who worked in a bank and I where in the process of buying house. As we worked in banking we got a preferential mortgage rate of 5 percent. We also found that we went from looking at 2 bed starter homes to being able to look at much bigger houses that had been repossessed. Many sleepless nights of guilt " Remember it well, but certainly not fondly. I was one of the many who lost their home, then was hounded for 20 years for the shortfall. Never actually totally recovered from it. | |||
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"Try telling people now that my mortgage rate was 17% and they don't believe it For a period I had £10 to spend each weekend and that was it" I remember mortgage rates higher than that. Luckily, I waited before buying a house, and was earning 15% interest on my current account (Investec). But I was doing the worst job - IT Programming in a shitty office for a shitty company. So I joined the Army. Best move ever. | |||
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"Try telling people now that my mortgage rate was 17% and they don't believe it For a period I had £10 to spend each weekend and that was it" I remember 17% mortgage rate. Fortunately I was renting at the time, but I know many people lost their homes to greedy banks. | |||
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"'The worst job I ever had was with Jayne Mansfield. She was a fantastic bird, you know - big tits, huge bum, and everything like that, but I had the terrible job of retrieving lobsters from her arsehole..'" I still have the Derek and Clive Live album 😀 | |||
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