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Debate House Prices


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Lenders target BTL ...

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Comments

  • RDB
    RDB Posts: 872 Forumite
    But why delay it? Why such low interest rates to try to hold off mass repos?
  • RDB wrote: »
    But why delay it? Why such low interest rates to try to hold off mass repos?

    Buying votes

    10% vote winner for all those on standard variable mortgage rate.
    Not Again
  • RDB
    RDB Posts: 872 Forumite
    Maybe but only an idiot would think its worth keeping the 10% with variable mortgaes happy when all the savers hate him for the low interest rates.
  • LizzieS_2
    LizzieS_2 Posts: 2,948 Forumite
    Buying votes

    10% vote winner for all those on standard variable mortgage rate.

    Don't you mean anyone who is not on a fixed rate? After all there's many making savings and some financial institutions have even lowered rates below 3% for all not on fixed.

    I'm surprised there's no discussion over the reality of taking fixed rate mortgages? Having taken fixed rates in the past, I've always found my peace of mind was actually more expensive.
  • 1984ReturnsForReal_2
    1984ReturnsForReal_2 Posts: 15,431 Forumite
    edited 6 April 2009 at 1:55AM
    RDB wrote: »
    Maybe but only an idiot would think its worth keeping the 10% with variable mortgaes happy when all the savers hate him for the low interest rates.

    Votes Bought
    30% Variable & Tracked (edited thanks LizzieS)
    First time buyers
    BTL Investors with equity & disposible cash
    New Housing Association Tennants
    Mortgage Interest Relief 4% of households

    Additional Votes Bought
    Minimum Wage & Holiday Entitlement Increase 1m
    EU Temporary Agency Workers Directive 700,000

    What is the betting the gas & elec suppliers are in order by the time the recession has past & then an election is called?
    Not Again
  • LizzieS wrote: »
    Don't you mean anyone who is not on a fixed rate? After all there's many making savings and some financial institutions have even lowered rates below 3% for all not on fixed.

    I'm surprised there's no discussion over the reality of taking fixed rate mortgages? Having taken fixed rates in the past, I've always found my peace of mind was actually more expensive.


    Your right.


    Treble the 10%
    Not Again
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