Money writer and broadcaster. Last personal finance editor at The Independent. Expert on BBC1's Right On The Money. Moneywise Fight For Your Rights columnist.

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@simonnread — 12,287 followers, 36,645 tweets

Sep 25, 2017

@whatsinitforme they wouldn't be able to borrow again, no mortgage, no peace of mind living permanently in debt. With a cap they could afford to pay it off

Sep 25, 2017

The max amount of interest would be no more than originally borrowed, which sounds sensible. But could it work? 

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