Aren't our children's generation having a hard enough time though? High unemployment, wage freezes, housing shortages and can't get a mortgage anyway. It seems harsh to begrudge them some little help.
Some gransnetters (me included) have mortgages as well, but it's the young ones I feel sorry for.
So interest rates are not increasing until 2016. Well that's .......# my hard earned savings are worthless. I saved to help my retirement but at 0.5% interest my savings are being devalued whilst costs go up.