Savvy home buyers .....

Really2

Graham_Devon wrote: »

I really don't have the foggiest idea what you are even on about any more. More hits conspiracies? .

Not a conspiracy Graham it is called marketing, people get employed to market things believe it or not.

But read the article instead of just arguing.

Around 74pc of people with a mortgage admitted they did not know how a 1 percentage point rise in the Bank of England base rate would affect their monthly outgoings, according to the newly formed Consumer Financial Education Body (CFEB).

Tony Hobman, chief executive of the CFEB, said: "Interest rates have been at record lows for some while now. Although there is uncertainty about when this will change, it is clear from our research that many people with mortgages haven't thought about what it would mean for their monthly payments, or where they would find the extra money in their household budget if their mortgage rate was to go up.

The CFEB has set up a mortgage calculator so that people can see what impact interest rate rises would have on their monthly repayments, while it also provides impartial mortgage comparison tables to help people find the best deal. Its mortgage toolkit can be found atwww.moneymadeclear.org.uk/mortgages

Easy really, free paper article that would cost you £XX,XXX usually for F' All + people on here thinking they are doing a survey for no reason other than to show some people are thick...

Really2

Graham_Devon wrote: »

Before I go, and my leg's starting to twitch here. Thats not what the article said. The article said "don't know how it may/would affect (for you, jonny boy) them.

Not that they don't know their rate can change.

Tis what I was saying.

Wrong,
It clearly states

Around 74pc of people with a mortgage admitted they did not know how a 1 percentage point rise in the Bank of England base rate would affect their monthly outgoings,

That says they do not know if they are better off, worse off, if it would effect them etc etc.

That is why i pointed out 74% of people with a mortgage would not be effected. (it even says that of the total asked 15% did not know what mortgage they had, they would be lumped in the 74% I dare say, so 59% would not how it would effect them financially)

Did you noticed they had launched a calculator at [url]WWW.....:rotfl:[/url]

Graham_Devon

Really2 wrote: »

Wrong,
It clearly states

Around 74pc of people with a mortgage admitted they did not know how a 1 percentage point rise in the Bank of England base rate would affect their monthly outgoings,

That says they do not know if they are better off, worse off, if it would effect them etc etc.

yes graham, and that is why i pointed out 74% of people with a mortgage would not be effected.

Did you noticed they had launched a calculator at WWW.....:rotfl:

Nice to see you are with me on the effect thing.

Hope you get the pleasure of jonny tickling your butt too.

And yes, it clearly states what you said it states. But you just previously stated that it said 74% did not know their rate could change, and therefore, bought in stuff about courts. Completely different thing to not knowing HOW it might change. I'm sure even you can see that.

chucky

Graham_Devon wrote: »

And yes, it clearly states what you said it states. But.....

dig Graham, dig, you can dig that hole deeper

Graham_Devon

Oh good, were on to editing out parts of a paragraph to allow chucky to make a point

Really2

Graham_Devon wrote: »

Oh good, were on to editing out parts of a paragraph to allow chucky to make a point

Are you OK? look at post 2 on this thread. If you agree !!!!!! are you arguing about.

if 74% of people did not know how a base rate increase would affect them do you really think they would know their mortgage/mortgage rate and how it works, thus if they do not understand their mortgage and that a rate change could change their out goings would you say they have been sold it correctly?
If this was correct a hell of a lot of people would have a good case.

I do hope you have not pee'd the bed as you clearly said you were going for a wee then going to bed.:D

Graham_Devon

Really2 wrote: »

Are you OK? look at post 2 on this thread. If you agree !!!!!! are you arguing about.

if 74% of people did not know how a base rate increase would affect them do you really think they would know their mortgage/mortgage rate and how it works, thus if they do not understand their mortgage and that a rate change could change their out goings would you say they have been sold it correctly?
If this was correct a hell of a lot of people would have a good case.

I do hope you have not pee'd the bed as you clearly said you were going for a wee then going to bed.:D

Jesus.

Are you seriously going down the route of effectively saying people have been mis sold mortgages based on this article?

You seem to be. But I can't be sure if you are actually being serious or not?

I mean, there is stringing something out, and there is going completely over the top to try and get around the fact you clearly didn't read the article and came up with some mumbo jumbo about miss selling and courts!!

chucky

Graham_Devon wrote: »

Are you seriously going down the route of effectively saying people have been mis sold mortgages based on this article?

You seem to be. But I can't be sure if you are actually being serious or not?

no he didn't - you're saying that.

however much you'd like to twist it and try and squirm out of it - you made a mistake. end of.

take it on the chin and man up.

Really2

Graham_Devon wrote: »

Jesus.

Are you seriously going down the route of effectively saying people have been mis sold mortgages based on this article?

You seem to be. But I can't be sure if you are actually being serious or not?

No I am saying the article is just a hook to pull in frothers like you who believe 74% of people do not actually know if their mortgage will go up, down, affect them etc.

It is a poorly worded line (I presume the 74% do not know on the spot what an increase would affect them by in £'s) to promote an on line calculator they are promoting.

But good to see you will believe anything written graham, you even think I believe 74% of people have been mis-sold mortgages (even though I never said that but just the mention of it gets you going):rotfl:

I was stating it was pony you fool. Do you honestly think they did the survey for the good of man and not so frothers like you would believe it to be true and then go to their calculator.

Graham_Devon

So finally admitting you are simply making things up to muddy the waters to create a little battle.

Lovely.

Shame for everyone else reading though eh.