glasshouse
Member
- Location
- lothians
A wise moveAn interesting aside perhaps . Dad was renting a farm in the 60ts in Cheshire , he moved to West Wales bought a farm 3 times the size on borrowed money and the total interest and repayments worked out cheaper than the rent paid . How would that calculation work out today ?
The rate at the time would have been 4.5 %
Probably similiar today but the banks wouldnt lend today like the 60,s