A mortgage lasting for 40 years!

Not sure how I feel about this… 25 years feels like a lifetime to pay off a mortgage so 40 years I can’t wrap my head around and yet I’ve been paying a mortgage for over 15 years already. Do you welcome this change? Ludlowthompson, a London estate agency has looked at mortgage figures and claims there were 3,483 greed, 40-year mortgages, last year compared to 162 in 2017. That is a major jump! Read the full article in Estate Agent Today.

Karen Marsh