Birdwatch Note Rating
2024-01-13 21:21:36 UTC - HELPFUL
Rated by Participant: C818901FAF1FB802E7B588D62CFF8FE90A9E0939B7C7638F28628C815A2E800F
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