"Spreading your mortgage over 35 years"? Did I read that correctly? Click to enlarge:
Saturday, 17 October 2009
Is this really such a good idea?
My latest blogpost: Is this really such a good idea?Tweet this! Posted by Mark Wadsworth at 11:52
Labels: Credit bubble, Royal Bank of Scotland, Sub-prime mortgages
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5 comments:
And pay £12.95 for the privelege. Just one of the reasons I moved my accounts from the Real Bastards of Scotland to a building society.
I used to have a 30 year mortgage with Northern Rock (note past tense)
Oh God, not again. They always do this when things get tricky for banks to tie more poor sods into their crap system. It's another attempt to sustain house prices and sucker more unfortunates into buying a house at a bad time for buyers.
I'm not going to be around 35 years form now.
I've got a 35 year mortgage, didnt really have any other affordable options at the time.
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