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Debate House Prices


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Shock Interest Rate Announcement

pinkteapot
pinkteapot Posts: 8,044 Forumite
Part of the Furniture 1,000 Posts Name Dropper Photogenic
in Debate House Prices & the Economy
On hold at 0.5%.

Does anyone care anymore?
«134567…10

Comments

  • spadoosh
    spadoosh Posts: 8,732 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    Next quarter they should just go boom .... 15%.... Kapow!!
    Thatd be funny!

    You got too muchmoney in the bank, you seem dissapointed by this!?
  • pinkteapot
    pinkteapot Posts: 8,044 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Not disappointed at all; we're significantly overpaying our BOE tracker mortgage at present. :D

    I'd forgotten the rate announcement was even due until I noticed it on the TV in our office. It's going to be a shock to the country when they do eventually go up!
  • Rinoa
    Rinoa Posts: 2,701 Forumite
    Another £50Bn of QE was the interesting bit.

    http://www.bbc.co.uk/news/business-16963116
    If I don't reply to your post,
    you're probably on my ignore list.
  • pinkteapot
    pinkteapot Posts: 8,044 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Rinoa wrote: »
    Another £50Bn of QE was the interesting bit.

    http://www.bbc.co.uk/news/business-16963116

    Ah, unfortunately my knowledge of the announcement was limited to what was reported on Sky News. ;)
  • RenovationMan
    RenovationMan Posts: 4,227 Forumite
    Good news for my interest rate gamble. :)
  • System
    System Posts: 178,426 Community Admin
    10,000 Posts Photogenic Name Dropper
    RenovationMan wrote: »
    Good news for my interest rate gamble. :)

    inb4 DervProf
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Does make me wonder how much this continues so kick the ladder away form youth.

    Boomer = buy house cheap then get many years of very little interest on said cheap house.

    Young person = buy expensive house then get many years of worrying rates might go up as you already have to pay a huge margin over the base rate.

    Just glad a got a 5 year fix, will it pay off or not? who knows but at least I won't need to worry about it for 5 years.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    I bet your headline pinkteapot had RenoMans ar*e twitching for a moment. :D
    Why are we here?......................because we are not all there.
  • RenovationMan
    RenovationMan Posts: 4,227 Forumite
    edited 9 February 2012 at 6:17PM
    shortchanged wrote: »
    I bet your headline pinkteapot had RenoMans ar*e twitching for a moment. :D

    Deary me, have you now given up all semblance of debate since your embarrasing escape* from the discussion on salary multiples and instead embarked on simple trolling instead?

    Just so as I know, before we start down that road.

    * For those who don't know, shortchanged was defeated badly in a discussion and had to resort to trolling, something that he seems to continuing across threads.
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Holiday Haggler
    Percy1983 wrote: »
    Young person = buy expensive house then get many years of worrying rates might go up as you already have to pay a huge margin over the base rate.
    I'm in this position.. putting a bit of a gamble recently by going for a tracker on the hope that the rate stays put for a couple of years still - the economy has flat lined and it's not going up for a while... heck, i can imagine things getting worse still.
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