30 Year Fixed Rate Mortgages Plea For Families

Forums: 

http://money.aol.co.uk/2011/10/20/30-year-mortgages-plea-for-families/?i...

Seems like quite a sensible idea to me, as long as the borrower could opt out without too severe a financial penalty if they subsequently found something more suitable.  I hadn't appreciated until I read the article that you cannot get a fixed rate mortgage for longer than 5 years at present.