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Extension or not?!

Hannahkw1 · 2023-11-20 14:46:40

I’ve been going backwards and forward between these two things for years! So would love opinions from others please! Have lived in my 3 bed terrace for 12 years, in that time have paid off a large chunk of the mortgage and now have £100,000 left on it, house is now worth around £300,000. The house is a decent size in a…

Comments

markin Posts: 3,864 Forumite

25 November 2023 at 2:56AM

MikeJXE said:

My hesitation is that if one of us loses our job or interest rates go up higher we would be screwed financially!

If everyone thought like that no one would buy a house

With a standard Fix when you first buy you would only have to worry about job loss, Currently both problems are a big concern, Unless they just got a new Fix just before rates went up and now have some security.

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