http://newsbiscuit.com/forum/topic.php?id=6838 The NewsBiscuit Community en-US Mon, 20 May 2013 07:21:20 +0000 http://bbpress.org/?v=1.0.2 q http://newsbiscuit.com/forum/search.php http://newsbiscuit.com/forum/topic.php?id=6838#post-18299 Mon, 21 Jun 2010 08:42:38 +0000 edward hack 18299@http://newsbiscuit.com/forum/ <p>A survey carried out by UK mortgage lenders has revealed more and more tortoises in the 75-100 year age bracket are still living at home with parents.<br /> The problem looks set to increase as these younger tortoises find it increasingly difficult to get a foothold on the property ladder.<br /> Lenders say the problem lies with the tortoise themselves with too many not able to pay off the interest quickly enough and ending up in negative equity.<br /> The problem is particularly difficult for those living along the M4 corridor.<br /> ‘There’s nothing for first time buyers around here’ said Terrence Testudine, a postman from Thatcham in Berkshire. ‘I can’t afford anything in the burrow where I was born... its all buy to let and second domes these days.<br /> We made enquiries about a house the other day but the builder said ‘it’s not complete yet, it's nothing more than a shell’ - we said 'sounds perfect, we'll take it' but they didn’t want to know.<br /> It makes it difficult to put down roots.<br /> My dad’s talking about converting his loft space for us instead’.<br /> However, there was more encouraging news from local estate agents Bradley, Soames and Wiggins as they watched one lucky couple moving in to their new home<br /> ‘No question the credit crunch has really hit the tortoise community hard, but it’s not all bad news’ said Josh Timms ‘although if that crunch was anything to go by I fear the removal van may well have just turned their dream home into an open plan flat.</p> <p>Probably been done before but surely not this badly? </p>