35 year mortgage repayment terms fast becoming the norm

A 35 year repayment term is fast becoming the norm for a first time buyer taking out a mortgage according to the FT.  This comes after reports that there were more than 300,000 first time buyers last year.  This is the second year on the spin where the 300,000 mark has been passed.

Excerpt of blog kindly shared by mortgagesblogged. Read full article

 

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