Business

Mortgages: Boris gets something right

BY Neil Collins   /  9 October 2020

It sounds like another crackpot scheme to shore up the housing market, in the baleful tradition of Help to Buy. Yet the idea of long term fixed-rate mortgages, plugged again this week by the prime minister, may be rather less daft than George Osborne’s expensive folly. The true cost of that little crowd-pleaser is only now becoming apparent.


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