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Debate House Prices


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CBS Offering BTL fixed at 3.99 for 5 Years

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Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    !!!!!!? wrote: »
    Thanks for the support CF but it should be obvious now that some folk just post here to blow off steam and need someone they can rail against. I'm the obvious target as I offer 'robust' opinions so they just build a strawman of their prejudices and fire away at it.

    I really feel sorry for them if they are under pressure financially as a result of their property borrowings but they'd be better employed speaking to experts in the field of financial planning and anger management than slagging some anonymous stranger on the interent off. Mind you, it's free to have a go at me so maybe they're doing the MSE thing :)


    It's notable that the banks which did eventually drop their interest rates to borrowers by the full base rate cut correspond almost 1:1 with the organisations that ended up being bailed out by the government or having dealings with the government over bailouts (Santander/Abbey/B&B).

    Since the cost of their money market borrowing fell by less than the cut the government prodded them into making, I guess us taxpayers will be making up the shortfall. Hey ho - borrow borrow borrow. Just the thing to do if we really are going into deflation, eh? Clearly they'll try to inflate the cash away down the line, part of the reason why they are going to have so much trouble shifting bond issues.

    i'm voting this as Post of the Month so that !!!!!! can give the £50 to his parents for the rent he owes them :rotfl: :rotfl: :rotfl:
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    StevieJ wrote: »
    Hey Chuckie, it is hacking me off, my history only go back 12 pages, I can't retrieve his previous posts, how do you go back past 12 pages.

    Chucky's expertise is in the field of deleting old posts.

    Most people just waste time making posts here, I'd reckon that going back and culling selected older posts to look better as Chucky and Dithering Dad do probably takes about 2x as much time overall. Plus maintaining a few sock puppets (Topov springs to mind) is even more hassle.
    --
    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.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    Hey Chuckie, it is hacking me off, my history only go back 12 pages, I can't retrieve his previous posts, how do you go back past 12 pages.

    don't bother - !!!!!! is an online psychologist who can work out how much you are in debt from your writing style.

    sorry forgot to say that you have SO much anger in you :rotfl: :rotfl:
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    !!!!!!? wrote: »
    Thanks for the support CF but it should be obvious now that some folk just post here to blow off steam and need someone they can rail against. I'm the obvious target as I offer 'robust' opinions so they just build a strawman of their prejudices and fire away at it.

    I really feel sorry for them if they are under pressure financially as a result of their property borrowings but they'd be better employed speaking to experts in the field of financial planning and anger management than slagging some anonymous stranger on the interent off. Mind you, it's free to have a go at me so maybe they're doing the MSE thing :)


    It's notable that the banks which did eventually drop their interest rates to borrowers by the full base rate cut correspond almost 1:1 with the organisations that ended up being bailed out by the government or having dealings with the government over bailouts (Santander/Abbey/B&B).

    Since the cost of their money market borrowing fell by less than the cut the government prodded them into making, I guess us taxpayers will be making up the shortfall. Hey ho - borrow borrow borrow. Just the thing to do if we really are going into deflation, eh? Clearly they'll try to inflate the cash away down the line, part of the reason why they are going to have so much trouble shifting bond issues.

    That sounds like an admission to me without digging his original posts out.
    '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 Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    don't bother - !!!!!! is an online psychologist who can work out how much you are in debt from your writing style.

    sorry forgot to say that you have SO much anger in you :rotfl: :rotfl:

    :mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad:
    '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 Thatcher
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    StevieJ wrote: »
    That sounds like an admission to me without digging his original posts out.

    Admission of what exactly? The govt forced their pet banks to pass on rates after a storm of criticism. The taxpayers will have to make up the losses as we are underwriting them.

    Really, go back and look at what I actually DID say. As ever you just make a nice little strawman in your head to argue against - so much easier than actually arguing against what I said.
    --
    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.
  • abaxas
    abaxas Posts: 4,141 Forumite
    Owww bull baiting
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    !!!!!!? wrote: »
    Chucky's expertise is in the field of deleting old posts.

    Most people just waste time making posts here, I'd reckon that going back and culling selected older posts to look better as Chucky and Dithering Dad do probably takes about 2x as much time overall. Plus maintaining a few sock puppets (Topov springs to mind) is even more hassle.

    lol - shall we remind you of how 22 posts that you mentioned the word retard were mysteriously reduced to 11...

    i guess it must have been Dithering Dad or myself who logged into your porofile and deleted them... or even Napoleon or Fatpig or A44Downey - sorry it can't be them, they're you!!! :rotfl:
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    !!!!!!? wrote: »
    Admission of what exactly? The govt forced their pet banks to pass on rates after a storm of criticism. The taxpayers will have to make up the losses as we are underwriting them.

    Really, go back and look at what I actually DID say. As ever you just make a nice little strawman in your head to argue against - so much easier than actually arguing against what I said.

    Thanks for that, that is all I was saying, to quote me
    'The irony in question was the fact that not so long ago !!!!!! was saying the the lenders would not pass on the rate drops, now he is saying they are going to drop further' :p
    '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 Thatcher
  • chucky wrote: »
    lol - shall we remind you of how 22 posts that you mentioned the word retard were mysteriously reduced to 11...

    i guess it must have been Dithering Dad or myself who logged into your porofile and deleted them... or even Napoleon or Fatpig or A44Downey - sorry it can't be them, they're you!!! :rotfl:



    tut, tut, mustn't use that word.
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