Why didn't they just get straight down to 0%?
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Bank Rate cut .5 %
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Originally posted by Platypus View PostHa ha
I assume you were happy with the fixed rate at the time so why so glum now? Perhaps you were hoping rates would go up so you'd be protected and could be smug about it? Now it's gone the other way are you're all upset cos someone else is getting a better deal than you.
Bizarre.“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”Comment
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Originally posted by Platypus View PostHa ha
I assume you were happy with the fixed rate at the time so why so glum now? Perhaps you were hoping rates would go up so you'd be protected and could be smug about it? Now it's gone the other way are you're all upset cos someone else is getting a better deal than you.
Bizarre.Comment
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Originally posted by bobhope View PostWhy didn't they just get straight down to 0%?Comment
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I'm happy, i have a lifetime tracker rate 0.49% about the base rate
shame me forking utility bills keep going upComment
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Yeah 0% the pound could collapse, savers withdraw money en mass. As long as those on trackers save a few quid though what does the wider economy matter. A cheap mortgage on the dole!The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.
But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”Comment
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Originally posted by Bagpuss View PostYeah 0% the pound could collapse, savers withdraw money en mass. As long as those on trackers save a few quid though what does the wider economy matter. A cheap mortgage on the dole!
Well, it will save HMG a fortune on mortgage benefits !!Comment
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This message is hidden because Cyberman is on your ignore list.The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.
But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”Comment
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Originally posted by Chugnut View PostHow unnecessarily spiteful.
Originally posted by shaunbhoy View PostAre you wired correctly I wonder?
I seem to meet two types of people, those who took a fixed rate at about 5-6% and figured that whatever happened to rates they were getting a good deal (considering long term average interest rates over say the last 25 years). Then there are those who sign up to a similar rate being convinced that they've signed up when rates were at their lowest and that they can fold their arms certain in the knowledge that they're smarter than average.
I respect people in the first category and admire their philosophical view of the current (assumably temporary) drop in rates.
Maybe there is something wrong with me, but I laugh heartily at people in the second group when the smile is wiped from their face. I guess I just don't like braggarts.Comment
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Lifetime tracker mortgage with no collar or floor
.... though linked to the Barclays base rate, which they are now saying they cannot guarantee will always be the same as the BOE rate.Comment
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