http://www.independent.co.uk/money/spend-save/simon-read-new-code-shows-lenders-how-to-be-compassionate-1924575.html
I am looking to buy a house at the moment. I can follow two routes:
One way would be to spend within my means, make sure that if interest rates rise I will still be able to pay the mortgage and also making sure that while I pay the mortgage I can still save enough so that if I lose my job I will still be able to pay the mortgage for a couple of months.
But the above article makes me think that would be a mistake. I will spend as much as I can and not worry because if times get hard I will be bailed out by those who were prudent.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment