Mohamed Ali once said. "I can't read, but that's OK because I have people working for me that can." On Monday I'll be signing a lot of papers and although I can read I have no idea what the text on those papers means. Therefore I've hired people to check them for me. Or in other words, on Monday I get the keys to my new apartment. The papers are for the 110% loan I get from the ING bank with just over 4% interest. In Iceland I think they have gone back to max 70% loan so the buyer has to get the 30% difference elsewhere. I'm told that in UK the max loan is 80% which has led to the average age of the first time home buyer to be over 40 years.