I've read your last post once or twice now Cchris. (
Think I totally agree, a bloody stupid idea.
Then again, aren't/weren't some other mortgage deals not really suited to the people they were given to.
Small print: Investments may go down as well as up.
To me that means we'll leave it a few years and cream a profit off your investment. Your loss

I'd swear blind my mum's got ripped off twice now.
Once with the endowment mortgage payment after my dad died,
and again when she took her superannuation pension on retirement
Sorry, ripped off was the wrong words. Thatcher let people buy their council houses.
Did the mortgage lenders also jump on the wagon and sell a few, not so good, deals q?