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Daily Record
Daily Record
Lifestyle
Levi Winchester & Ketsuda Phoutinane

Dad's £25,000 deposit 'laughed at' by mortgage broker in property buying attempt

The UK property market is competitive with soaring prices, which won't come as a surprise to many, but a man who once made £120,000 salary said his deposit savings were "almost laughed out the door".

Former bank worker Robert Payne had £25,000 saved, an "impeccable credit score", no forms of debt and no credit card or car finance.

The mortgage broker told him he "doesn't stand a chance" of becoming a homeowner again after selling his first home in Uckfield after calling quits on his lucrative career, The Mirror reported.

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