Owning a Β£400,000 house with a Β£350,000 mortgage in the UK in 2026 means signing a 25-year contract to give the bank around Β£2,050 a month, in exchange for the right to maintain a building you'll spend another Β£4,000 a year keeping dry, warm and structurally sound.
At a 5% fixed rate, the total interest over the life of the mortgage is around Β£264,000. The total mortgage cost ends up at roughly Β£614,000.
The price tag on the front door says Β£400K. The actual cost of living in it for 25 years is closer to Β£750K, before council tax, repairs, insurance and the new boiler.
This is what the country has been calling 'getting on the ladder.'
The national mood in Britain is the worst I have ever experienced. Especially since the Covid lockdowns. We are paying more and getting less. Governments are punishing the people they are supposed to serve, asset stripping the country while feathering the nests of their corporate paymasters. And I feel desperate sorry the younger generations who will inherit this managed decline. Itβs a complete mess.
@ZacCorcoran@Boss__Tha I can't believe you've sacked him lad. I'm made up. It's knocked you back years. It will take an absolute miracle for someone else to come in and be successful straight away.
Funny Evertonians moaning about players from lower clubs going on to do great things when bought by Prem teams... We hound our own wonderkids out the club, say all ya want about Anthony Gordon, but he's just signed for Barcelona, if we showed him the love, maybe he'd of stayed.