Interestingly we have a lender who offers great flexibility in terms of stretching lending, there is a bit of a however, you must take a long term fixed rate with them, for example somebody with clean credit will get a fixed rate of 5.29% fixed until April 2021. People with slightly chequered credit in other words CCJ’s or missed payment, in the previous 2 years may be offered a rate of something like 5.89% fixed until 2021. These rates are high without doubt, and the lenders argument being if you can afford the repayments now you will be able to afford them in 2021. Well my argument might be why pay more than you need to now, and people’s circumstances change anyway. So thanks Mr Lender but I think I might be able to get a better deal somewhere else ~ we wait and see.