Money website says BUY NOW!

StiflersMom

I agree. I hope to be mortgage free in about 10 years !

Yaay !!

IveSeenTheLight

PasturesNew wrote: »

Last chance before the Titanic sails?

Your very right to highlight a very significant point PN.

With global warming, we can theoretically see more icebergs.
Will they however melt away before reaching the shipping lanes

Davesnave

tek-monkey wrote: »

People read what they want to hear, nuff said.

I listen to what I want to hear, but each to his own.

mewbie_2

Christ you lot are slipping.

A good time to buy? A percent here or there off the mortgage? Talk about missing the BIG PICTURE.

A few months ago everyone was admitting we had been in a housing bubble. Now it's like "bubble over - back to madness". It is absolute nonsense to think that the rises this year are anything other idiots buying some inflated property at 10 -15% off and thinking they got a bargain. Biggest bubble in modern history. Biggest financial problems worlwide. And one of the biggest and most broke losers in the global meltdown is the UK. We are broke.

Get a cheap mortgage now. And lose 10,20,30% off the value of whatever you buy over the next few years.

lostinrates

mewbie, can we live with you while we wait then?

Thrugelmir

mbga9pgf wrote: »

+2.19 is still hideously expensive historically. Great when rates are 0.5%, not so great when rates head up to past 5%, even if its in 10 years time.... Anyone hoping for bumper pay rises over the next decade are simply delluding themselves.

The 2.19% is only fixed for 2 years.......

What's been overlooked is NR's SVR is currently 4.79%. :eek:

Thrugelmir

IveSeenTheLight wrote: »

With global warming, we can theoretically see more icebergs.
Will they however melt away before reaching the shipping lanes

Maybe not.

Imagine an iceberg the size of the island of Jamaica. The massive B-15 berg calved off Antarctica in March of 2000, and pieces of it were floating 6 years later

michaels

And you are locked in and can't remortgage after 2 years? - you must be pessimistic on house prices as these are 75% ltv products...

Thrugelmir wrote: »

The 2.19% is only fixed for 2 years.......

What's been overlooked is NR's SVR is currently 4.79%. :eek:

fc123

mewbie wrote: »

Christ you lot are slipping.

A good time to buy? A percent here or there off the mortgage? Talk about missing the BIG PICTURE.

A few months ago everyone was admitting we had been in a housing bubble. Now it's like "bubble over - back to madness". It is absolute nonsense to think that the rises this year are anything other idiots buying some inflated property at 10 -15% off and thinking they got a bargain. Biggest bubble in modern history. Biggest financial problems worlwide. And one of the biggest and most broke losers in the global meltdown is the UK. We are broke.

Get a cheap mortgage now. And lose 10,20,30% off the value of whatever you buy over the next few years.

Yeah but (yeah but) there will be another mini bubble....I know it's not reasonable, logical or sensible...but highly likely that 2007 prices will be back in 2011,,then a mini crash as the tories cuts take effect (all suppose, suppose)...so back down to 2009 and so on.

I have to go chat to my OH now (as he popped back before going back to London for the week) but NR are on the lend again....OK, a bit more restrained than last time....but they have Govt targets to meet. It was in Sunday Times..I will go hunt for link later on.
Hope you are well too.:D

Thrugelmir

michaels wrote: »

And you are locked in and can't remortgage after 2 years? - you must be pessimistic on house prices as these are 75% ltv products...

And pay yet more product fees?