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Str's. How are they feeling these days.

2456

Comments

  • Mr_Matey
    Mr_Matey Posts: 608 Forumite
    I definitely feel for savers and str's at the moment.

    I agree that the current situation isn't so great for savers, but you feel for those who chose to STR ???

    People who sold at the peak, pocketed the benefits of a housing boom and are now financially way better off than if they'd held their property.

    I feel really sorry for those who've won the lottery too, because the interest on their winnings isn't making them the moola it used to...
  • Mr_Matey wrote: »
    I agree that the current situation isn't so great for savers, but you feel for those who chose to STR ???

    People who sold at the peak, pocketed the benefits of a housing boom and are now financially way better off than if they'd held their property.

    I feel really sorry for those who've won the lottery too, because the interest on their winnings isn't making them the moola it used to...

    I agree. I think I'd put feeling sorry for pensioners, who have frugally and sensibly put aside some money for their old age and who are now feeling the pinch from low interest rates, much higher up the ratings than feeling sorry for STRs.
    Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
    [strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!! :)
    ● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
    ● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
    Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.73
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    I'm feeling pretty good, still workin 6 days a week (although I know this could change in a second). My fund is growing, I'm able to save about 75-80% of my income generally each month.

    I know interest rates give pittance at this time, but the offset of falling house prices is massive. I know all the VI's are ramping like mad in the media at the moment, trying to 'magic' a spring bounce, and although it's annoying, it is little more than that, it won't make a scrap of difference to the market over the next 2-3 years.

    House prices never rise (in a trend), while there is a recession, even FTB's who are silly enough to jump at the current bull trap thats trying to be created are being saved from themselves by either being turned down for a mortgage or requiring between 25-40% deposit.

    So given current circumstances, it's as good as it gets.
  • Wookster
    Wookster Posts: 3,795 Forumite
    What is it you do?
    I hear kfc will be taking on shortly, finger licking good and all that.

    What a constructive (bordering on offensive) comment.
  • Hey Ad, how's it going mate? Have you taken any tentative steps into the dating game yet or are you giving it a miss for a while?
    Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
    [strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!! :)
    ● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
    ● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
    Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.73
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Wookster wrote: »
    What a constructive (bordering on offensive) comment.

    Finger licking good?in't that the catchy slogan for advertising KFC
    Official MR B fan club,dont go............................
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    Hey Ad, how's it going mate? Have you taken any tentative steps into the dating game yet or are you giving it a miss for a while?

    :rotfl:it's funny you should say that DD, I'm over in Ireland, working at the min, came over on the ferry, and started chatting to this woman, she was very nice, gave me her phone number and she lives near me, so a date might be on the cards....... but, as far as anything long term goes.... I'm pretty happy doing my own thing for now.;)
  • Wookster wrote: »
    What a constructive (bordering on offensive) comment.

    Mut admit my humour is lost on a few, !!!!!!, wookster etc.
    I'll give you a lesson on people skills.

    Stranger walks passed you in the street "Hey bollox, kfc are taking on"
    Most popular poster on here who i have great affection for "What do you do? I hear Kfc are taking on, finger licking good and all that"

    Ok 1st scenario = offensive
    2nd scenario = playful jest.

    Try it some time when you are not trawling the net for any negative information to post on here.
  • ad9898 wrote: »
    :rotfl:it's funny you should say that DD, I'm over in Ireland, working at the min, came over on the ferry, and started chatting to this woman, she was very nice, gave me her phone number and she lives near me, so a date might be on the cards....... but, as far as anything long term goes.... I'm pretty happy doing my own thing for now.;)

    You did my head in at first, but i gave you a chance and you have definitely grown on me. I apologise for any previous insults i may have fired your way, i am an idiot like that sometimes.
  • ad9898 wrote: »
    :rotfl:it's funny you should say that DD, I'm over in Ireland, working at the min, came over on the ferry, and started chatting to this woman, she was very nice, gave me her phone number and she lives near me, so a date might be on the cards....... but, as far as anything long term goes.... I'm pretty happy doing my own thing for now.;)

    lol, nice one. There's life in the old dog yet, eh? :D

    Good luck.
    Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
    [strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!! :)
    ● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
    ● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
    Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.73
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