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  • Currently our mortgage payment is £500, we pay £950 (which is what it was initially, so we just kept the payment the same). Borrowing £600,000 would cost around £2,300/month, so an uplift for sure but manageable. That would give us £100,000 to spend on an £800,000 house.

  • What's your view on interest rate risk?

    Significant, for sure, but hard to predict what Carney et al would do in a Brexit induced recession - inflationary pressure from a plunging currency would traditionally be countered by hiking interest rates, but that would run counter to the desire to combat the recession (usually, at least).

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