interest rate up

[Bernard Common]

Nice one, let's hope for 6%, why should my saving subsidise these chavs who can't buy their own properties outright!

[lws]

5.25% next year, then back down

Remember it takes a year for the data to come through, so it won't be 'til next August 'if' they decide to make a cut.

[bobhope]

It's a step in the right direction.

[DimPrawn]

Interest.

Every little helps.

[Mailman]

is likely to cost homeowners with the average mortgage of £80,000 just under £13 a month, if lenders pass on the full rise.

Who has an average mortgage of £80k? I would have thought the real average would in fact be 4 times that?

Mailman

[sasguru]

Come back good old days of 15%. That should sort the market out and let us cash rich types make a killing .....

[zeitghost]

Come back good old days of 15%. That should sort the market out and let us cash rich types make a killing .....

Now yer talkin'

[Francko]

Come back good old days of 15%. That should sort the market out and let us cash rich types make a killing .....

I have seen interest rates way higher than that...

[lws]

Come back good old days of 15%. That should sort the market out and let us cash rich types make a killing .....

They didn't go beyond 10%. I think 15% was proposed but never happened.

7% is the historic average remember

[sasguru]

They didn't go beyond 10%. I think 15% was proposed but never happened.

7% is the historic average remember

How old are you? They did, for a day, if I remember correctly. Golden Wednesday.