You are reading a single comment by @princeperch and its replies.
Click here to read the full conversation.
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
@princeperch
what happens when you are paying 6pc in 5 years time rather than the 3 when you took the mortgage out on? the market is currently operating under very exceptional circumstances. cheap money will be around for a while but not forever - and you only pay off a little bit of capital in the first few years.
I dont think a lot of people are thinking about that. Stress test your finances before you take the plunge
(I very nearly wrote stress test your fiancee which is probably not a good sign as I'm getting married in like 3 weeks)