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100,000 could lose their homes if mortgages rise £20 a month
Comments
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Graham_Devon wrote: »
I don't get this constant need to have a go regardless, apart from you were all so bloody far out on your own predictions and thoughts you just despise articles such as this which are closer to others thoughts.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
I simply don't believe that 100,000 homeowners are on that much of a knife edge that having to find an extra £240 annually will cause them to lose their home. ie there are no further savings they coudl make.
Lets be honest now, that's an extra 65p a day....
They'll be busy looking at Sky TV for PayDay Loan advertsWarning ..... I'm a peri-menopausal axe-wielding maniac0 -
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Have you forgotten about the time you had to remove my prediction from your footer, you tried to make me look silly but it backfired0
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HAMISH_MCTAVISH wrote: »And a man from Devon was seen posting press releases for special interest groups on a message board.
More details at six.
And of course no Scot would ever be caught doing the same thing. On the same day. At about the same time.......HAMISH_MCTAVISH wrote: »So after the temporary pause in rent increases, normal service has resumed.
A minor uptick in arrears of a few tenths of a percent, but still markedly lower than they were last year.0 -
Well...just my two penneth....I`m dreading an increase in the interest rate...it`s not that we can`t afford our mortgage, but with everything else going up we have had to totally restructure how we live....my son left school last year and has been out of work, not all his own doing before anyone slags me off, he was promised an apprenticeship and when it came to it, the company pulled out of the scheme which left us too late to go down an alternative route....so we now don`t get child benefit or tax credits...I had to have six months off work due to a back operation, so I wasn`t earning from June last year to January this year and can only go back part-time because the company have cut everyones hours.....so with all the extra squeezes we`ve done....an interest rate rise would not be welcome at the moment.....0
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Well...just my two penneth....I`m dreading an increase in the interest rate...it`s not that we can`t afford our mortgage, but with everything else going up we have had to totally restructure how we live....my son left school last year and has been out of work, not all his own doing before anyone slags me off, he was promised an apprenticeship and when it came to it, the company pulled out of the scheme which left us too late to go down an alternative route....so we now don`t get child benefit or tax credits...I had to have six months off work due to a back operation, so I wasn`t earning from June last year to January this year and can only go back part-time because the company have cut everyones hours.....so with all the extra squeezes we`ve done....an interest rate rise would not be welcome at the moment.....
And there will be many many more in the same boat.
This is the problem with interest rates at such low levels for so long. More people will get dragged down when they eventually do go up. This makes it difficult to put them up, and the vicious circle takes hold, with rates staying low even longer. The longer it goes on, the more painful it will be putting them up and the higher amount of people dragged under.
And from this level, it's unknown teritory.0 -
And of course no Scot would ever be caught doing the same thing. On the same day. At about the same time.......
:rotfl:
Aye, fair enough.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Graham_Devon wrote: »Errr, you removed mine, so I removed yours. You didn't like it, remember.
Are you Joe King? Why wouldn't I like it when it was a virtually spot prediction'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
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