Prudence still needs to be the order of the day for home lending

We live in an age of prudence, of austerity, so it must be disturbing that a new poll has found that there is considerable support for 100% mortgages and another that the Bank of Mum and Dad is an important part of the lending process.

I personally remember being literally able to waltz in to see the bank manager and coming out with a 100% mortg...