Now this is a Property Bears nightmare

gorgeyetsun

moneyinmypocket wrote: »

A lot of handbags at dawn in here - renters in one corner homeowners in another its a battle to the end only one side can win, the [STRIKE]winners[/STRIKE] home owners will be carried through the streets

Corrected that for you.

Mr._Pricklepants

The tragic thing is I keep telling Foxy it's unwise to keep sitting on his 70-80K deposit in an inflationary environment, with historically the lowest fixes and variable deals for those with low LTV and house prices stable at best.
Instead of doing the 24/7 MSE shift, he should be sitting down with a mortgage advisor, and quick.

No Foxy, this is not a dig, it's advice.

ess0two

Fella wrote: »

Yes that's how I always sign off on a thread if I'm addressing a moron.

Feel free to have the last word since I suspect you're the kind of chap who really needs it. I won't respond either way.

Reading your posts it came across as if you were waiting / saving to buy?

robmatic

Mr._Pricklepants wrote: »

The tragic thing is I keep telling Foxy it's unwise to keep sitting on his 70-80K deposit in an inflationary environment, with historically the lowest fixes and variable deals for those with low LTV and house prices stable at best.
Instead of doing the 24/7 MSE shift, he should be sitting down with a mortgage advisor, and quick.

No Foxy, this is not a dig, it's advice.

My mortgage deal ends this summer so I had a quick look this morning at rates... crikey. I hadn't realised how cheap they were now. Looks like I'll be fixing for 5 years with no fee for a rate of less than 3% per year and will be paying off my mortgage in super quick time.

moneyinmypocket

I thought fella came across quite bitter in his posts, doesn't sound like he has attended many homeowners dinner parties?

Fella

ess0two wrote: »

Reading your posts it came across as if you were waiting / saving to buy?

moneyinmypocket wrote: »

I thought fella came across quite bitter in his posts, doesn't sound like he has attended many homeowners dinner parties?

I think both of you are probably too used homeowners smugly posting how great it is to be a homeowner or renters posting how they think the market is overpriced & being accused of being bitter.

I'm a homeowner who thinks the market is overpriced. Which isn't to say it may not stay that way.

Moneyinmypocket, you're confusing bitterness with me having no time for tw*ts on forums who post dull trollish nonsense.

wotsthat

homelessskilledworker wrote: »

It seems that saving is no longer the prudent, sensible and wise thing to do anymore.

Inflation affects everyone. The prudent react to the inflationary environment as it is; the imprudent react to the inflationary environment as they'd like it to be.

..always nice to have a game of bulls and bears though.

moneyinmypocket

Fella wrote: »

I think both of you are probably too used homeowners smugly posting how great it is to be a homeowner or renters posting how they think the market is overpriced & being accused of being bitter.

I'm a homeowner who thinks the market is overpriced. Which isn't to say it may not stay that way.

Moneyinmypocket, you're confusing bitterness with me having no time for tw*ts on forums who post dull trollish nonsense.

How much do you think the market is overpriced by then?

ess0two

Fella wrote: »

I think both of you are probably too used homeowners smugly posting how great it is to be a homeowner or renters posting how they think the market is overpriced & being accused of being bitter.

I'm a homeowner who thinks the market is overpriced. Which isn't to say it may not stay that way.

Moneyinmypocket, you're confusing bitterness with me having no time for tw*ts on forums who post dull trollish nonsense.

You argued the toss about saving rates /deposits / houses being flat etc etc.

As if you were waiting to buy as i read it?

Thrugelmir

robmatic wrote: »

My mortgage deal ends this summer so I had a quick look this morning at rates... crikey. I hadn't realised how cheap they were now. Looks like I'll be fixing for 5 years with no fee for a rate of less than 3% per year and will be paying off my mortgage in super quick time.

Do you meet the lending criteria though? Many people aren't.