Thread: mortgages
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Old Jan 27, 2009 | 09:35 AM
  #16  
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foreigneRS
Testing the future
 
Joined: Jul 2003
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From: W. Sussex
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Originally Posted by Paul Eggleton
YOu could up the term to 25+ years for a short period until you are better off. I wouldn't get hung up about the term when you are only going for a short term deal. YOu can always lower it when you circumstances change.

We started at 30years.
as long as you do only do it short term as the interest mounts up a lot with those extra years. we also started at 30 years, but are now down to 20 and the base rate is 3.5% on the nationwide standard variable
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