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Debate House Prices
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The Last 5 Major Uk Recessions
Comments
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NDG - i've never seen you jump into a discussion when someone has been insulted and vilified for purchasing a property or is in negative equity and tries to make a positive post and is insulted or even believes that property prices are going to rise.
why would that be?
I suspect that the critical mass of loads of people getting personal all at the same time has been reached.
There's always some of this sort of behaviour, but now it's pack orientated it would seem.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
Hey just one thing, I mentioned earlier about interest only mortgages, (was conveniently passed over) If someone is going to lose their job is it better to have an interest only mortgage?'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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Hey just one thing, I mentioned earlier about interest only mortgages, (was conveniently passed over) If someone is going to lose their job is it better to have an interest only mortgage?
Yes - and no savings either (you also lose income support as well as mortgage interest payments and various other benefits if you have savings).
I gather that if you sink the savings into stocks or funds etc. it's not counted, but don't hold me to that one.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
Hey just one thing, I mentioned earlier about interest only mortgages, (was conveniently passed over) If someone is going to lose their job is it better to have an interest only mortgage?
I guess so. Better still to have paid your mortgage off.
April 2009
Help with mortgage costs – due to housing market problems
There will be a temporary:- Cut in waiting time from 39 to 13 weeks, and
- Increased in the loan limit from £100,000 to £175,000
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Yes - and no savings either (you also lose income support as well as mortgage interest payments and various other benefits if you have savings).
I gather that if you sink the savings into stocks or funds etc. it's not counted, but don't hold me to that one.
Ah, so they are not so stupid having an interest only mortgage after all?'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Yes - and no savings either (you also lose income support as well as mortgage interest payments and various other benefits if you have savings).
I gather that if you sink the savings into stocks or funds etc. it's not counted, but don't hold me to that one.
On the mortgages board they were saying that ISAs count as savings, but endowments don't.0 -
Ah, so they are not so stupid having an interest only mortgage after all?
Only if they plan on being unemployed for a period of time. and throwing themselves on the mercy of the welfare system.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
Only if they plan on being unemployed for a period of time. and throwing themselves on the mercy of the welfare system.
Worth planning for when entering a recession.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
You used to come out with stuff like this, and worse, on a pretty regular basis. I notice you have been relatively contained of late. Still, I imagine bottling up all that suppressed rage takes it's toll, no?
Chucky was on the mortgages board having a moan about you, neverdespairgirl and carolt not so long ago, and you three weren't even postng on the thread:D0 -
Chucky was on the mortgages board having a moan about you, neverdespairgirl and carolt not so long ago, and you three weren't even postng on the thread:D
Telltale, I bet you were popular at school.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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