Birdwatch Note Rating
2024-01-13 15:37:29 UTC - HELPFUL
Rated by Participant: 4CFA12E9D8F8A31849AB221E19083CCC8C8A4D3A17257F607FF5F426203DD618
Participant Details
Original Note:
There are long term mortgages available and if they were more popular more lenders would sell them. They are generally less popular because the interest rates they charge are higher than shorter term mortgages and they have higher early redemption penalties. https://www.theguardian.com/money/2023/sep/07/new-uk-mortgage-lender-perenna-offers-30-year-fixed-rate-deals
All Note Details