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I’m not a mortgage expert. At 1.9%, how about saving and earning interest at a greater rate than that, choosing a bank product protected by https://www.canada.ca/en/financial-consumer-agency/services/banking/deposit-insurance.html . Then when your mortgage deal is up, borrowing less next time...

Pensioners with (non-pension) savings not greater than £16k receive housing benefit if renting, on top of the state pension.

A view backed by the two financial expert guests on R4 between 5 and 6 tonight. They felt current mortgage rates will very shortly be falling, they should’ve already, but lenders are flooded with new applications the moment they reduce.

The Telegraph had this graphic last week. We’re heading towards the mortgage repayments unaffordability of 1990 and 2007.

The rental stock is falling, landlords are pulling out due to loads more regs, an obscure restriction on tax relief, voids/damaged properties ... this will only increase. Taken on by owner occupiers. Concentrating on buyers, Brighton and Hove homes sell at 6x or 7x their 1995 value. An insane...

The independent Bank Of England raised interest rates, they say to control inflation. This is running rampant throughout the world due to pandemic-created supply issues and Putin. US mortgage rates have now hit 7%, for the very same reasons, as The Fed also tries to tackle inflation.

Two imaginary sets of books - one for HMRC, one for lenders.

It goes in regulatory/lending multiple waves. I was part of the the wave who found it easy to get a mortgage in the late 80's, just a 5% deposit and I think maximum multiples of 3.5x (some trainee professionals could get 5x). Then a crash, and a clampdown on Wild West lending eg some of the...

https://www.bbc.co.uk/news/business-62525269