Birdwatch Note Rating
2024-01-13 18:27:44 UTC - NOT_HELPFUL
Rated by Participant: E462848D1B65DF6F46DE80579D743259E91EBEAE5EA6AB37C2B49D8F26ACD69F
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