Fintech Insider Podcast by 11:FS cover image

592. News: Anne Boden comments anger fintech bosses and Tencent invests in Monzo

Fintech Insider Podcast by 11:FS

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Long Term Fixed Mortgage

Long term fixed mortgage means you don't have to ratest people's income in the same way that a short term fixed mortgage does. In london, on average, the price of ome is 11 times your income. So what we've done is put together a mortgage that says, we're going to lend you as much as you can afford. We are very passionate about the fact that it's kind of crazy to ask your average a uk. Customer to speculate and what bank of england interest rates are going to do over the next 15 to 20 years.

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