The Bank of England is exploring options to make it easier to get a mortgage, on the back of concerns that many first-time buyers have been locked out of the property market during the coronavirus pandemic.
I wonder if RIO mortgages (interest-only, with no expectation of paying the rest) will go mainstream, to include under 55s. Leasehold in England & Wales is effectively just renting, anyway, and not everyone is interested in literally owning property, at these prices anyway.
Buy lots more lottery tickets.!!
That's fkn Balamory!!!!
a mortgage? u mean borrowing money from somebody to buy a house cuz u cant afford to buy it cash? then paying them back 5 times more than what u borrowed over 30-40 years 😂 call it what it is... Hi i HouseJail
A house market crash would be the biggest beneficiary of affordably owning a home. Houses shouldn’t be commodity, they should be home & a sanctum.
It's as if they haven't learned anything from the economic crises.
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Source: The Guardian - 🏆 84. / 53 Read more »