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  1. chickens

    [Finance] What should the government do about the coming base rate mortgage hike time bomb?

    It’s rare that I find myself in agreement with you, but yes, this would be vastly preferable. Our current predicament is entirely due to the needless sting in the tail of the (otherwise excellent) original “right to buy” Conservative policy, which prevented local authorities from using the...
  2. chickens

    [Finance] What should the government do about the coming base rate mortgage hike time bomb?

    Those properties (unless sold en-masse as a portfolio) should go onto the open market, correcting overheated house prices and allowing renting individuals onto the housing ladder, freeing up rental properties for those recently deprived. In the longer term we must replenish the country’s social...
  3. chickens

    [Finance] What should the government do about the coming base rate mortgage hike time bomb?

    An excellent, if sombre article on our current predicament. https://open.substack.com/pub/coppolacomment/p/inflation-and-grief?utm_campaign=post&utm_medium=email
  4. chickens

    [Finance] What should the government do about the coming base rate mortgage hike time bomb?

    This is where there should be a difference between residential homeowners and those who treat property as just another asset class. I’m in favour of a capped maximum rate for the family mortgage, past which some government support is available to make up the difference, interest rate should...
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