Natwest offering 100% Mortgages to Existing Customers

Gorgeous_George

NatWest need to lend some money at higher rates to make up for my 2.89% BTL mortgage

GG

IveSeenTheLight

Gorgeous_George wrote: »

NatWest need to lend some money at higher rates to make up for my 2.89% BTL mortgage

GG

It's 2.89% now, but nothing to say it can't be 10.89% in a years time.

NatWests 5 and 10 year fixed rate of just over 5% can give security for a longer period

Gorgeous_George

IveSeenTheLight wrote: »

It's 2.89% now, but nothing to say it can't be 10.89% in a years time.

NatWests 5 and 10 year fixed rate of just over 5% can give security for a longer period

It may well do but there will be a lot of people at the soup kitchen before me. Fortunately for my tenant, I have a plan for just such an eventuality. My tenant will not lose her home.

GG

ad9898_3

Gorgeous_George wrote: »

It may well do but there will be a lot of people at the soup kitchen before me. Fortunately for[STRIKE] my tenant[/STRIKE] me, I have a plan for just such an eventuality. [strike]My tenant will not lose her home.[/strike], I will not be losing my pension.

GG

Fixed!

What I love about GG is, he always tries to come across as the 'saviour' of his tenant, like his tenants welfare is of paramount importance, I wonder how he would feel if his 'tenant' is front front of him at the soup kitchen and not paying her rent.

Dithering_Dad

ad9898 wrote: »

Fixed!

What I love about GG is, he always tries to come across as the 'saviour' of his tenant, like his tenants welfare is of paramount importance, I wonder how he would feel if his 'tenant' is front front of him at the soup kitchen and not paying her rent.

Blimmin 'eck AD, what brought all that on?

ad9898_3

Dithering_Dad wrote: »

Blimmin 'eck AD, what brought all that on?

To be honest DD, I'm tired of reading this type of sanctimonious rubbish from GG, he seems to make out that everything he does is for the benefit of his tenant. Why not be honest, he may well think highly of his tenant but as it is a business, it's highly unlikely to come before his profit. I also didn't like the 'soup kitchen', 'I'm alright Jack' comment either. It riled me.

LittleMissAspie

A canny move by NatWest? Now all their customers who need to remortgage with less than 5% equity will definitely stay with them for at least 5 years, instead of moving off to find a cheaper SVR.

Dithering_Dad

ad9898 wrote: »

To be honest DD, I'm tired of reading this type of sanctimonious rubbish from GG, he seems to make out that everything he does is for the benefit of his tenant. Why not be honest, he may well think highly of his tenant but as it is a business, it's highly unlikely to come before his profit. I also didn't like the 'soup kitchen', 'I'm alright Jack' comment either. It riled me.

TBH, I didn't read what GG posted, I was just surprised to see you get riled, you're usually so level headed. 'Appen it because it's Christmas and I'm getting all soft in my old age, that I want us all to be pals. At least during the festive season where Father Christmas was born in a stable and Pontious Pilot said "which of these three crims should I free" and the crowd shout for Rudolf, so they all spend loads of money and bankrupt themselves. Or something like that - I was taught the story at school, but now I only remember the highlights.

Merry Christmas, one and all!

mr.broderick

Dithering_Dad wrote: »

Blimmin 'eck AD, what brought all that on?

Frustration, lot of it about at the mo' ask carol t.

Pobby

And I see that there is bound to be frustration Mr.B. Years of folk seeing the housing market rising way and beyond a lot of peoples purchasing power. I will repeat myself ( sorry to be boring ) but in the 80`s, in the south east LOTS of singletons earning not more than OK money were able to purchase and afford the repayment and now it is very hard for a 2 income family to do the same.
Frustration at seeing bankers making huge amounts of money at the very peril of banks going under due to total mismanagement. Frustration at our "leaders" who blatently relish the fact that they have their noses in the trough.
Frustration at how the media persuaded people that they were rich because of hpi and hammered away the " you are worth it " culture. Frustration at the dumbing down of the media, education and the gloryfication of the chav/ celeb culture.
Then there are old beggers like me. Years of hard work, knackered, taxed to the hilt and were looking forward to an above the bread line retirement who see mamy years of savings, investments and pensions getting blown away.
Frustrated. Yes I am.