Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
We're aware that dates on the Forum are not currently showing correctly. Please bear with us while we get this fixed, and see Site feedback for updates.

Cpi 3.3%

Another bit of bad news for homeowners. No IR reductions anytime soon. More likely to have IR rises ;)

Comments

  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    Another bit of bad news for homeowners. No IR reductions anytime soon. More likely to have IR rises ;)

    Hooray. Inflation is down to 3.3%!

    That's a relief as I had been seeing rises of anything from 10% to 40% in stuff I regularly have to buy (food, diesel, heating oil, electricity) but now that these figures are out it's clear that they've managed to cut it back to only 3.3% with their tough policies of low interest rates and lax monetary policy.

    Well done Bank of England - time for some interest rate cuts to celebrate! Let's see those Green Shoots of Recovery sprouting! :rotfl:
    --
    Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.
  • mystic_trev
    mystic_trev Posts: 5,430 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    !!!!!!? wrote: »
    Hooray. Inflation is down to 3.3%!

    Yeah - Merv's been flogging some cheap DVD's round the back of the BofE :rolleyes:
  • m00m00
    m00m00 Posts: 1,755 Forumite
    Yeah - Merv's been flogging some cheap DVD's round the back of the BofE :rolleyes:

    those are strictly cash transactions, no refunds.
    It's a health benefit ...
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.4K Banking & Borrowing
  • 252.2K Reduce Debt & Boost Income
  • 452.5K Spending & Discounts
  • 241K Work, Benefits & Business
  • 617.4K Mortgages, Homes & Bills
  • 175.7K Life & Family
  • 254.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.