Warning on higher cost of 40-year mortgages

[NorthWestPerm2Contr]

There was me thinking my 28 year mortgage was too long.....

[northernladuk]

I look forward to seeing Chris and Katie with long faces complaining about their mortgage woes in the Daily Mail in a few years time.

[Mordac]

I look forward to seeing Chris and Katie with long faces complaining about their mortgage woes in the Daily Mail in a few years time.

Will be mortgage free in November, how much smugness is generally permitted?

[SueEllen]

Will be mortgage free in November, how much smugness is generally permitted?

You can be smug because you are lucky.

Chris and Katie are in a situation where they are not and rather than move from house to house with school age children while renting have gambled on a long mortgage instead.

[Mordac]

You can be smug because you are smart enough not to have kids.

FTFY

[greenlake]

Will be mortgage free in November

[Mordac]

Oh, getting slightly moist, where do I sign?

[unemployed]

Utter madness. They should really consider living in another part of the country, or leaving the country! Imagine surviving to your 72nd year working away before the mortgage is paid off.

These guys should rent instead and wait until the mega crash.


Warning on higher cost of 40-year mortgages - BBC News

and that`s why i stay at mummys

be a tosser living at home still or become a slave

hard choice

[RetSet]

40 year mortgages are just the market's response to the demands (from the ****wits who think they know better) that all consumer mortgages be repayment, not interest only.

Factually repayment, but practically interest only.

[AtW]

40 year mortgages are just the market's response to the demands (from the ****wits who think they know better) that all consumer mortgages be repayment, not interest only.

It's the markets response to crazy house prices, even record low interest rates are no longer enough - 40 fooking years mortgages, insane.