TV mortgage ad thats bad

Some TV mortgage company is doing the TV Equivilant of Northern Rock by offerring initial mortgages and default mortgage rate of 635% interest.

So unless you have a stable job or pension income, don't be stupid to take that and get an assessment from your run of the mill branch manager instead with reference to a credit rating agency and the money advice service leaflets from the government instead and work out what kind of council housing and local authority part rent part buy you can afford instead to give you enough disposable income to feed your family and cover the cost of fuel bills.

Make sure that the housing association is predominantly UK shareholders so that the company is protected and your rent rate in the micro economy.

If you are already a property owner with an equity release scheme, also check with the money advice service and see if transfer o local authority part ownership is needed to help you in case interest rates go up and also the local authority to build new housing by raising their asset stake. This is not without risk depending on how the council itself charges interest on part-rent part buy and you need to seek advice from your Unitary / devolved / county council officers finance department and the statistics unit of the local government ombudsman, and present that to your MEP,s MP and Ward councillor and if in London your GLA member (constituency) and list members to show to the Mayor of London so that the housing debate is honest, non partisan and helps everyone.