The anxiety of buying a house in England

@woodgirl said
Ok, that was wrong. Hadn’t realised that the rate was as low 0.5% when I paid mine off in 2017!

My dad had a home built after the war. It cost him $5,000 cdn. As a vet of WW11 he was entitled to a low interest rate (not sure what). In the early 1980s I remember asking him why he didn’t just pay it off. He said, why would I do that when I can keep the money in an account and earn 15% on it. The man was not just a pRetty face.