Debate House Prices


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Lifetime fixed rates for FTBers

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  • MPD
    MPD Posts: 261 Forumite
    Part of the Furniture 100 Posts
    I also see this as an answer to a problem very few have. How flexible would this lifetime mortgage be? If it's not portable or comes with a huge ERC then your FTB needs to be your home for at least 15-20 years.
    After years of disappointment with get-rich-quick schemes, I know I'm gonna get rich with this scheme...and quick! - Homer Simpson
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    DannyGold wrote: »
    Lifetime fixed rates and 30% discount on new homes will be the reason why Torries win next week

    They have to deliver on these promises or the civil unrest that will happen in the uk will make 2011 riots seem like child’s play

    Governments don’t provide mortgage lending though.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    DannyGold wrote: »
    Lifetime fixed rates and 30% discount on new homes will be the reason why Torries win next week

    They have to deliver on these promises or the civil unrest that will happen in the uk will make 2011 riots seem like child’s play

    Governments don’t provide mortgage lending though.
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