Owning your own home

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Dammit

Record low today for the £ vs the $- looks like the BoE is going to have to hike interest rates shortly to try to stop the plummet in the pounds value.

And, handily, our fixed term mortgage is coming to an end shortly.

Go for a base rate tracker and hope that the lunatics get défenestrâted? Pray? Something else?

Also, how are people going to afford mortgages that are at 1.49% today when they go to 6% at the end of their fixed period?

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Howard in reply to @Dammit

Something else?

It's boring and only for the somewhat privileged but you can sell investments or whatever and pay a load of it down.

Also, how are people going to afford mortgages that are at 1.49% today when they go to 6% at the end of their fixed period?

Cut down on the avocado toast presumably

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