You have to take into account that mortgage rates may well rise,realistically estimate what kind of a rise( suggest 2%) over, say 3 years you would be able to afford and budget for that.If it doesn't go up over that time you should have money in the kitty. People often go into a property and want to throw money at it straight away to 'put their stamp on it' when the money in the early stages of property ownership would be far better used in making sure you can keep hold of the place. They have to remember it's not a sprint but a marathon they are trying to win.Good luck to them .

Entire Thread

Topic	Date Posted	Posted By
Interest rates - crystal ball ?	25/10/15 11:12:00	Maggie Dodge
Re:Interest rates - crystal ball ?	25/10/15 12:15:00	John Connelly
Re:Re:Interest rates - crystal ball ?	25/10/15 12:44:00	Maggie Dodge
Re:Re:Re:Interest rates - crystal ball ?	25/10/15 12:56:00	Gordon McDonald
Re:Re:Re:Re:Interest rates - crystal ball ?	25/10/15 12:59:00	bobby osborne
Re:Re:Re:Interest rates - crystal ball ?	25/10/15 12:58:00	James Petri
Re:Re:Re:Re:Interest rates - crystal ball ?	25/10/15 13:01:00	James Petri
Re:Interest rates - crystal ball ?	25/10/15 13:12:00	Adrian Irving
Re:Re:Interest rates - crystal ball ?	25/10/15 13:31:00	Keith Iddon
Re:Re:Re:Interest rates - crystal ball ?	25/10/15 14:55:00	Maggie Dodge
Re:Re:Re:Re:Interest rates - crystal ball ?	25/10/15 16:08:00	Andy Pease
Re:Re:Re:Re:Re:Interest rates - crystal ball ?	25/10/15 16:03:00	Gordon McDonald

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