Top Comments
Help to Buy relaunch will ‘hyper inflate house prices again’ – Star Letter 05/05/2023
Each week Mortgage Solutions and its sister title, Specialist Lending Solutions, pick the top comments from our readers.
This week’s comment is in response to: Government considering Help to Buy revival ‒ reports
Ben Camies said: “This may not be great news as it will give people the hope to max out on a 95 per cent loan to value mortgage from a cut price to then pay the interest repayments on top of their maximum five years later.
“All I know is, this was barely affordable with 1.9 per cent rates, let alone the average 5.1 per cent on a 95 per cent LTV mortgage.
“Not to mention this will likely hyperinflate house prices again. Oh, hang on, that’s why the government will reinstate this.”
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The comments here are from our readers and do not necessarily reflect the views of Mortgage Solutions and Specialist Lending Solutions.