How times have changed....

Graham_Devon

StevieJ wrote: »

Could please point me to the thread where I said FTB with 10% deposit will get 3.99% Come to think of it, a thread where I where I mention 3.99% will be a start

My pleasure.

http://forums.moneysavingexpert.com/showpost.html?p=21626845&postcount=39

As I say. One minute your using one rate, the next minute, your using another. Depends on what you want to ramp at the time I guess, or more often than not, where you have been caught out.

I know it does not mention specifically 3.99%, but you talk about low fixes a lot to ramp.

In any case, in your enthusiasm, you missed the slight fact that I had quoted someone else, not you and my response was not to you

StevieJ

Graham_Devon wrote: »

My pleasure.

http://forums.moneysavingexpert.com/showpost.html?p=21626845&postcount=39

As I say. One minute your using one rate, the next minute, your using another. Depends on what you want to ramp at the time I guess, or more often than not, where you have been caught out.

I know it does not mention specifically 3.99%, but you talk about low fixes a lot to ramp.

In any case, in your enthusiasm, you missed the slight fact that I had quoted someone else, not you and my response was not to you

I can't see where I mention 3.99 or the fact that FTB could get that rate (3.5%) with 10% deposit. In fact I was talking about resets, straw clutching or what?

StevieJ

Graham_Devon wrote: »

In any case, in your enthusiasm, you missed the slight fact that I had quoted someone else, not you and my response was not to you

You have done it this time, you have completely lost me on that one What are you talking about ?

lostinrates

I'm tiptoeing in, with some misgivings.

I am concerned about interest rates and their impact on us throughout the term of a mortgage, however, in our instance we expect to have a steadily increasing income and what is really important to us is the actual amount we can buy with in the first instance. I don't think this is always applicable.

Graham_Devon

StevieJ wrote: »

You have done it this time, you have completely lost me on that one What are you talking about ?

I'll talk slowly.

The bit where you jumped in, in direct reply to myself, saying you were basing your calculation on x and y.....yes? Your post at the top of this page.

I wasn't even responding to you, which is why I had wolvoman quoted.

So you have defended yourself against what I said, even though it was nothing to do with you.

I guess the only explanation for you defending yourself against someone who hadn't even taken issue with what you had said, is you saw "oh my god, how desperate is that" and simply assumed I was referencing you.

chucky

StevieJ wrote: »

I can't see where I mention 3.99 or the fact that FTB could get that rate (3.5%) with 10% deposit. In fact I was talking about resets, straw clutching or what?

for a moment Stevie i thought that you were saying that all UK property was going to drop by 70%, the UK was going to default due to its debt or even that Sterling had been finished as a currency.

then i realised that it was the majority of other posters who spout this nonsense

StevieJ

Graham_Devon wrote: »

I'll talk slowly.

The bit where you jumped in, in direct reply to myself, saying you were basing your calculation on x and y.....yes? Your post at the top of this page.

I wasn't even responding to you, which is why I had wolvoman quoted.

So you have defended yourself against what I said, even though it was nothing to do with you.

I know you were responding to Wolvo, so what What do you mean it was nothing to do with me Wolvo was responding to your reply to me

IveSeenTheLight

Cissi wrote: »

Umm, house price to earnings ratio is still at an all-time high?!?

Is it?
Check out this link which shows the UK House Prices - Earnings ratio at 4.35 while the Max was 5.86

Incidently the Q1 09 4.35 ratio compares to the 26 year average of 4.02

http://www.lloydsbankinggroup.com/media/excel/01_05_09Affordability.xls

mewbie_2

chucky wrote: »

i thought that you were saying that all UK property was going to drop by 70%, the UK was going to default due to its debt or even that Sterling had been finished as a currency.

then i realised that it was the majority of other posters who spout this nonsense

Interesting though how times change.

If you had said two years ago that house prices were going to drop and that unemployment would reach 3 million you would have been regarded as a nutter. Or FTSE at 3,500? Major banks finished. Lehmans! And so on.

What seems crazy today may not be so crazy tomorrow.

Long way to go yet.

btw - do you know you can get a cheap iPhone on here? Very MoneySaving. What was wrong with your old phone?