No 10 Looks At 50 Year Mortgages That Could Span Generations Home Loans
Mortgage experts said the idea could bring some benefits, but identified problems including the potential for children to go into debt and the fact that it would not address the fundamental issue of housing supply. Under the plan being considered by No 10, a longer mortgage period would allow people to borrow larger sums, with the ability to roll over the debt, although it remains unclear what government action would do this....