It is enirely plausible that my distant ancestors once lived in caves. I can see the appeal of a cave for a person who lived in a world without bricks, tiles and mortar. A cave offers a reasonable level of shelter. I don’t live in a cave, however. I’m mightly pleased about the introduction of bricks, tiles and mortar into the construction process. If at all possible, I’d like to continue living in my modern, comfortable, warm brick and mortar based property. All I need to do is keep paying my mortgage and home insurance payments.Our mortgage is a fixed two year deal, which will soon end. Getting a good new mortgage deal is a big deal. So I’ve been studying the market and assessing our options for the last few months. The first decision was simple. To stick or swap providers? I say stick. There are other providers a little cheaper, but not sufficiently so to warrant the initial cost and aggravation of switching.
The second decision is tougher. We live in interesting times, politically and economically. Interest rates are incredibly low right now. But Brexit looms large. As does a giant debt bubble. Other factors make the future hard to predict – impending doom might be a matter of when not if. But when is when? Do I gamble with a new 2 year fixed deal? Play safe with a slightly pricier 5 year deal. Or assume the very worst and fix it for 10 years.
Essentially, can anyone tell me exactly when it is all going to go bang, please? Should I actually be looking for a decent Brexit and Trump proof cave to call home instead? There are some decent candidates in Cheddar and at least one of them has a decades worth of cheese maturing in it. However, the small reflective pools were far more photogenic than the stacked truckles of cheese, so I snapped them instead.