Originally Posted by
KerrAvon
Your post and, in particular, the claim of a 'wealth grab' is sadly typical of the anti-business narrative that appears to currently drive Labour. It's also wrong
Higher earning multiple mortgages were a response to rising house prices, not the cause of them. That was solely down to supply failing to keep up with demand. As for allowing people to take mortgages that would not be repaid into the borrower's 70s, what are you suggesting? That lenders practice age discrimination? That would be illegal after the Equality Act came into force.