Downing Street is exploring the idea of trying to tackle the housing crisis with ultra-long mortgages of up to 50 years that could pass between generations, allowing more people to build up equity rather than pay rent. https://www.theguardian.com/mo....ney/2022/jul/01/no-1
the Guardian (https://www.theguardian.com/mo....ney/2022/jul/01/no-1)
No 10 considers 50-year mortgages that could pass down generations
Cautious welcome for idea to tackle housing crisis but experts warn of risks to those inheriting