Debate House Prices


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Is London HTB 40% loan, mis-selling?

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Comments

  • The-Joker
    The-Joker Posts: 718 Forumite
    Rents tend to go up when house prices go down, .

    Not really true, both rents and house prices are correlated. When there is a big property crash, rents crash as well. And when the next boom come same things happen to both.
    The thing about chaos is, it's fair.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    The-Joker wrote: »
    The first HTB number 1 was 20% interest free for five years, those that did it will be coming up on five years soon. They must all be praying that interest rates stay down here just a little bit longer, or a few more years .....

    how is that different from any one else that bought a smaller house with the same mortage, 5 yers ago?
    its extremely likely that the HTB person has a lot higher equity than the non HTB buyer
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