.. just announced 
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And exactly what will this achieve?
Will mortgages get cheaper? No.
Will savers be better off? No. -
My tracker will be cheaper, but is was very low anyway.
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It depends on your mortgage doesn't it?Originally posted by DimPrawn View PostOriginally posted by MaryPoppinsOriginally posted by vetranComment
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Cybermoron, Why don't you go and laugh at all those less fortunate than yourself? Start with the Job CentreThe 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 d000hg View Post
Those on fixed rate. No.
Those on SVR, likelyhood no.
Those on tracker, mostly have collar, so no.
AFAIK, only one mortgage is tracker no collar.
So overall, for 99% of people in the UK, they will be no better or even worse off (savers).Comment
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Sourpuss, I know you are one of the less fortunate, but trust me, your beloved HMG will turn this disaster around one day.Originally posted by Bagpuss View Post
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Complete waste of time. A few mortgages will drop in price. Big deal.
Credit card APR's are on average 17% and loan APR's are around 8% and these aren't moving so people won't really have any spare cash to put back into the economy. And those poor sods who have saved a few quid are shat on again.
My cousin has just come off a fixed rate and is £300 a month better off. Is he saving it or blowing it and laughing. Exactly - and that's the sort of person who helped get us into this mess in the first place.Comment
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Originally posted by DimPrawn View Post
At least people on fixes have an opportunity to buy themselves out into a cheaper mortgage, and very low rates make this more cost-effective. SVRs are falling with the cuts.
My tracker mortgage with First Direct has no collar.
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Originally posted by Cyberman View PostAt least people on fixes have an opportunity to buy themselves out into a cheaper mortgage, and very low rates make this more cost-effective. SVRs are falling with the cuts.
My tracker mortgage with First Direct has no collar.
Doesn't affect my mortgage one bit. I paid it all off ages ago.
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