Many Upsizers gaining nothing from crash....

Graham_Devon

chucky wrote: »

no not being difficult - disagreeing with your yield comment as you've already decided when the bottom will be... the future... how do you know that? i don't either by the way...

also, i'm not convinced on why you say rates will be higher at the bottom.
low rates may be with us for 12-18 months, the bottom may have come and gone by then.

i'm failing to see why you think/assume rates will be higher at the bottom.

for calculating yield now - what type of mortgage rate you have is important.

Doesnt answer the questions. Just more fluff as you have realised what I was talking about. Care to either take back your statement, or clarify your points?

Rates will be higher at the bottom - simple reason. When interest rates go up, house prices will fall as even less can afford them. No point trying to argue this....the BOE wouldn't have broken records with rates this low if the economy could cope.

I already know from previous talk with you, that you class low as anything under 5% as a get out clause when someone says rates cannot stay as low as they are. So you have covered all bases.

mewbie_2

chucky wrote: »

ooooh the Thanks hunters are in the building... quick let's make funny comments so we get the Thanks button pressed and look popular in our line world :rotfl:

Go on then. Try and make a funny comment.

bluey890

chucky wrote: »

ooooh the Thanks hunters are in the building... quick let's make funny comments so we get the Thanks button pressed and look popular in our line world

I forsee huge virtual crowds turning up to see the moment mewbie and cleaver get a virtual stripping by the MSE crowd.

chucky

Graham_Devon wrote: »

Doesnt answer the questions. Just more fluff as you have realised what I was talking about.

Rates will be higher at the bottom - simple reason. When interest rates go up, house prices will fall a seven less can afford them.

i can't see your explanation sorry.

if you really want to prove your point you need to know how many will be on variable/trackers when rates move up. you seem to be saying that a large number of people will be affected.

these that will be affected will be those in NE and those who have been unable to re-mortgage to the current 'good' rates. filter out those that will be affected by unemployment or those in need to sell and these are the ones that put downward pressure on house prices.

Graham_Devon

chucky wrote: »

i can't see your explanation sorry.

if you really want to prove your point you need to know how many will be on variable/trackers when rates move up. you seem to be saying that a large number of people will be affected.

these that will be affected will be those in NE and those who have been unable to re-mortgage to the current 'good' rates. filter out those that will be affected by unemployment or those in need to sell and these are the ones that put downward pressure on house prices.

I still see absolutely no clarification of your points, just another swerve onto what I just said, which you are now just being completely dumb about.

High interest rates won't just effect those with mortgages, it will effect those buying too.

As we are getting abslutely no where here and your just dancing around everything asked, catch yer later.

fc123

chucky wrote: »

ooooh the Thanks hunters are in the building... quick let's make funny comments so we get the Thanks button pressed and look popular in our line world :rotfl:

It's not what he says that gets the thanks......it's because he's dead dishy.

A bit like sighing at a beautiful border of flowers or a lush, beautifully crafted handbag.

So who is going to brave and post a piccy....purely to get the 'Dishy thanks' button pressed?

chucky

Graham_Devon wrote: »

I still see absolutely no clarification of your points, just another swerve onto what I just said, which you are now just being completely dumb about.

High interest rates won't just effect those with mortgages, it will effect those buying too.

As we are getting abslutely no where here and your just dancing around everything asked, catch yer later.

no swerving. and yes it looks like we're getting no where quick.

i think people in existing mortgage rates are a very different situation to those buying.

those buying have far many options than someone stuck in a property with a high mortgage rate and have less of an effect on house prices than a desperate seller.

nearlynew

fc123 wrote: »

It's not what he says that gets the thanks......it's because he's dead dishy.

A bit like sighing at a beautiful border of flowers or a lush, beautifully crafted handbag.

So who is going to brave and post a piccy....purely to get the 'Dishy thanks' button pressed?

Careful fc. You are bordering on strumpet territory now.

http://redwing.hutman.net/~mreed/warriorshtm/strumpet.htm

fc123

nearlynew wrote: »

Careful fc. You are bordering on strumpet territory now.

http://redwing.hutman.net/~mreed/warriorshtm/strumpet.htm

O M G.

Perhaps the written word doesn't convey the tone?

Of course, I could be a bloke......it says so at the end of the decsrip.

Strumpet finds sex talk completely irresistible and constantly forwards excruciatingly unfunny and lurid jokes to the discussion forum. She always manages to sprinkle conversations with references to private parts and will never let pass without comment any mention of the words "eat," "enter," "come," "rub," etc. She disregards the women and flirts with all the men, often bragging that she has a husband or boyfriend that expertly satisfies her putatively voracious sexual appetite, but forum members....er, participants...quickly conclude no husband or boyfriend exists. Should any Warrior challenge her directly Strumpet will disparage her attacker's sexual orientation and/or penis size. CAUTION: Strumpet may be a man.

DiggerUK

Hamish,
I'm not quite sure why such a badly researched post has drawn so many comments.

By your own source the upsider is 1,040 pounds better off.

The difference between 190,000 and 150,000 is 40,000.

150,000 - 14% = 129,000
190,000 - 11.6% = 167,960

167,960 - 129,000 = 38,960

In fact if you take a different upsider calculation, of someone moving from a home previously valued at 275,000 to one previously valued at 375,000, you will find that the upsider is 5,000 pounds better off.

By giving a small swing to the upsider of 0.5% this advantage becomes 8,250.

Have you had an accident on your small swing lately, your sums seem faulty.