Tuesday, Apr 10, 2007

Would you Adam and Eve it? Even the BBC are (gently) raising doubts

BBC News: Head to head: Using your house as a wallet

House prices continue to rise briskly (don't you just love the BBC). And since the start of the decade, UK home owners have borrowed an astonishing £264bn against the rising value of their homes. But is this borrowing, known as mortgage equity withdrawal, a good thing? Two commentators argue the case: Julia Debt-i-more and David Kuo from Fool.co.uk.

Posted by harold @ 11:34 PM (105 views) Add Comment

No comments have been submitted.

Be the first person to add your comment by completing the form below.

Add comment

Username   Admin Password (optional)
Email Address
Comments
  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Main Blog | Archive | Add Article | Blog Policies