We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Remortgaging 20 year old interest only
Comments
-
The problem is that you can’t downsize easily off your brood are still at home and need housing, whereas you would have expected them to have moved out.
I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
In generic terms perhaps but in the absence of any specific comment about inseparable children, and you can always move and not tell them, that assumption is somewhat irrelevant in the broader scheme of things.
House prices have increased on average by over 74% in the last 20 years and the OP claims to still have a LTV of ~65%, one must consider where the capital growth has gone.
Perhaps like Mr and Mrs S?
Your life is too short to be unhappy 5 days a week in exchange for 2 days of freedom!0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.8K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.6K Spending & Discounts
- 247.7K Work, Benefits & Business
- 604.6K Mortgages, Homes & Bills
- 178.7K Life & Family
- 262.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards