Tesco lowest ever fixed rate deal

Sibley

This is great news.
Only a matter of time now before self certs and free lending return.

As long as we get house price rises nothing matters.

Dribley

Sibley wrote: »

This is great news.
Only a matter of time now before self certs and free lending return.

As long as we get house price rises nothing matters.

I know you're a wind up merchant,but I thought even you might actually read the article? For these mortgages you need a 40% deposit.

Regarding self Certs, the only thing that needs certifying is you.:rotfl:

Gracchus_Babeuf

Dribley wrote: »

I know you're a wind up merchant,but I thought even you might actually read the article? For these mortgages you need a 40% deposit.

Regarding self Certs, the only thing that needs certifying is you.:rotfl:

Yes - you do need a deposit to buy a house nowadays. :rotfl:

I was once offered a 110% mortgage back in the loony times of the 90s. Thank God I waited, not that I could have afforded anything bigger than a studio flat in those days. They say that paying rent is 'dead money' but paying interest on a loan is also 'dead money' - and paying stamp duty and all the fees associated with buying and selling houses is also 'dead money'. It's time people in this country looked at houses as places to live in, not investments.

sabretoothtigger

Some people are paying less interest then the inflation rate. It depends on the rent that would be payable but the largest cost is the loan and thats cheaper then ever, it bares looking at

Gracchus_Babeuf

sabretoothtigger wrote: »

Some people are paying less interest then the inflation rate. It depends on the rent that would be payable but the largest cost is the loan and thats cheaper then ever, it bares looking at

True, but saving interest rates are also below inflation and pay rises likewise. Horses for courses.

mcc100

nollag2006 wrote: »

It depends on where you are.

Anyone who bought in greater London in or around early 2009, as I did, could be sitting on a healthy 30% price accumulation by now.

Add that to three years repayments, while the less intellectually able await the 50% crash by Christmas, and a wise person will have done very well indeed.

So how did you get on Thrug?

:rotfl::rotfl::rotfl:

What is it with these posters .... look at me, haven't I done well?

I buy and sell shares, but I don't feel a need to come on here bragging when they have risen in value ........ or when they have fallen attempt to ramp up their value

Thrugelmir

mcc100 wrote: »

What is it with these posters .... look at me, haven't I done well?

Or have they?

nollag2006

mcc100 wrote: »

What is it with these posters .... look at me, haven't I done well?

I buy and sell shares, but I don't feel a need to come on here bragging when they have risen in value ........ or when they have fallen attempt to ramp up their value

Three months to come back with a witty retort like that?

Hopefully you are a little more quick witted when it comes to managing your mammoth stock portfolio.

As for your infantile comment about feeling the need to discuss the rise in value of house prices, I refer you to the title of this section of the forum: "Debate House prices and the economy"

Do try to keep up

There's a good chap

Roundabouts

mcc100 wrote: »

What is it with these posters .... look at me, haven't I done well?

Ahhh Nollag, a legend in his own bedtime.

nollag2006

Roundabouts wrote: »

Ahhh Nollag, a legend in his own bedtime.

Ahhh ... Roundabouts. Unable to engage in a cogent argument.