Using the following data - BoE base rate ; CPIH ; Nationwide HPI here's how a theoretical 100% mortgage at base rate + 1% (Yes yes I know those don'[t exist but it makes for a convienient comparison) paying over 25 years for an average house fares...
We're... back to 1991.
October 2007 was the peak, I've assumed 4% interest rates today.
