Originally posted by fullyautomatix
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Hmmm. -
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Cheapest mortgage deals removed as BoE hints at rate increases sooner rather than later...
Sell, sell, sell!Comment
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If only they'd hinted at rate reduction we could have a 30 year fixed at 1%.Originally posted by DimPrawn View Post
On previous form (i.e. going back to about 2009 when rates were last changed), they can hint all they like but their monthly rate review meeting is more about reviewing the tea and biscuits on offer. That's a real tough job they have at the BoE: Rich Tea or digestive.
Maybe tomorrow, I'll want to settle down. Until tomorrow, I'll just keep moving on.Comment
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So you get a worse interest rate for a 50% deposit compared to a 35% deposit. Doesn't exactly incentivise people to put down more cash.Originally posted by DimPrawn View Post
Cheapest mortgage deals removed as BoE hints at rate increases sooner rather than later...
Sell, sell, sell!Comment
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Don't forget the fix duration. The 50% deposit deal is fixed for five years, whereas the two 35% deposit deals are fixed for only two.Originally posted by ladymuck View PostComment
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Must be near the top, the government are saying they'll extend Help to Buy by another 10 billion to help buyers that can only afford 5% deposit get into massive debt for a new build tulipbox.
All part of 'listening' to the younger voters now the cons are tulip scared of losing to Labour at the next election after Corbyn getting them onside in the last one.
Theresa May pledges help for young on student fees and housing - BBC News
How about they stop throwing public money at the law of economics and let the housing market re-balance naturally, making property more affordable for everyone.
Maybe tomorrow, I'll want to settle down. Until tomorrow, I'll just keep moving on.Comment
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Cretinous Cons hope they can buy votes with tiny bribes - it won't work and just will help Komrade Kolonel Korbyn ruin the economy later.
Well done Brexiters.Comment
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