Depressing news for home owners...

hoepfully that'll be the last one for a while now.

financial advisor to grego "no no no, go for the variable rate, that's your best bet."

twat.:roll:
 
I hope they go up reaaaaally high, the market crashes and I can buy a nice house in Mayfair on my graduate salary.

;) :lol:
 
All of a sudden my mortgage linked to US Libor base rates looks a lot better. I took it out on a rate of 2.5% (+1.5% the bank add on)and then it went through 13 .25% rises taking it from very cheap to very expensive. I've just had one IR cut of .25% so now the US and UK rates are very similar and it's not such a rip off8)
 
Bless....

it's a ****ing joke this is, my mortgage is now £1500 a year more than it was w:evil: hen we bought I dare say they will fall again when the gen election gets announced!!!


It's all part and parcel of buying a property over a long term mortgage...

Nothing new here, except interest rates are still far lower than many of the Thatcher years, when tens of thousands lost their homes to repossession and the government of the day decided interest rates rather than an independent Bank of England!

No guarantees in life....except you WILL die someday!
 
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