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Not again!

Posted: Thu Jan 11, 2007 1:52 pm
by ed
http://news.bbc.co.uk/1/hi/business/6251963.stm

Had hoped they would wait until the spring! :( :roll:

Posted: Thu Jan 11, 2007 1:57 pm
by mckeann
who are you kidding. your minted. :roll:

Glad i got a 5 year fixed rate mortgage at 4%. Roll on the old 13% days so my savings account starts doing something useful :lol:

Posted: Thu Jan 11, 2007 2:04 pm
by ed
:finger I wish!

Your one lucky boy! Thats a fantastic rate! Must be a huge get out clause should it be required! :P :wink: :lol:

Posted: Thu Jan 11, 2007 2:14 pm
by r055
mckeann wrote:who are you kidding. your minted. :roll:

Glad i got a 5 year fixed rate mortgage at 4%. Roll on the old 13% days so my savings account starts doing something useful :lol:
:withstupid

10 year @ 5.05%

in a sick, perverse way I want them to go up to justify me going for 10 bloody years! :lol:

Posted: Thu Jan 11, 2007 2:20 pm
by GregR
good old Alix.... "variable is the way to go" said she.....

:cry:

Posted: Thu Jan 11, 2007 2:21 pm
by Sanjøy
As long as it dips post summer so I can buy another place ....

Posted: Thu Jan 11, 2007 2:37 pm
by ed
Sanjoy wrote:As long as it dips post summer so I can buy another place ....
cant see that happening! :(

Posted: Thu Jan 11, 2007 3:05 pm
by mckeann
i was just lucky that when we bought this house, interest rates were at there lowest point. Decided then that i couldnt see them going much lower so went for a 5 year fixed.

Posted: Thu Jan 11, 2007 5:04 pm
by robin
Neil, you should speculate on the markets with skillz like that - you could make millions :-)

Cheers,
Robin

Posted: Thu Jan 11, 2007 5:31 pm
by foz
At least their not going up 1% in the morning and 1% in the afternoon. (Norman Lamonts days I think) Was'nt that long ago either....Scary (just to look on the bright side) :wink:

Posted: Thu Jan 11, 2007 6:25 pm
by mckeann
robin wrote:Neil, you should speculate on the markets with skillz like that - you could make millions :-)

Cheers,
Robin
that was the last of my sensible financial decisions. Weeks later i bought my elise and have never had any money since :D

Posted: Thu Jan 11, 2007 8:27 pm
by gorrie
Just in time... my swap of mortgage lenders completed yesterday.. fixed for 5yrs also.

Posted: Thu Jan 11, 2007 9:38 pm
by Alan
First time buyer :twisted: I had put a few offers in Oct/Nov 06 with no luck, this has severly pissed me off.

Posted: Thu Jan 11, 2007 9:42 pm
by jj
Alan wrote:this has severly pissed me off.
Not wanting to start a fight, but surely its not that bad? If its less than £20 per£100k as an increase then surely its not going to stop many people from getting on the property ladder..... If anything, it might put people off buying, meaning FTB`s have a better shot at the market (unlikely).

Posted: Thu Jan 11, 2007 10:12 pm
by alicrozier
Bring it on...mortgage paid off in June. :thumbsup