What is it with mortgage advisors? Only doing that so they get your business every two years rather than five?I moved house in February. The mortgage advisor recommended I take a 2 year fixed, my dad said I should take a 5 year.
Went with the old man's advice thankfully!
Could argue they felt interest rates wouldn’t move too much and they were wrong obviouslyWhat is it with mortgage advisors? Only doing that so they get your business every two years rather than five?
Mine advised it was all caused by Brexit, and once that was sorted out things would settle.Could argue they felt interest rates wouldn’t move too much and they were wrong obviously
Mine advised it was all caused by Brexit, and once that was sorted out things would settle.
That was nearly enough to swing me towards a 10 year fixed!
Worth reiterating. They're doing everything they took Corbyn to task for suggesting in terms of borrow huge wadges of cash from seemingly nowehere, without a fraction (or, indeed, any!) of his social conscience!
At least he was doing because he felt it was for the good of the majority!
I look forward to being made redundant, then!Ps don’t be surprised if there’s another government announcement rushed out trying to demonstrate they plan to control spending in medium term.
Any statement that is put out rather than taking action is so pointless ffsErrr... thanks for clearing that up. I'm sure we're all very reassured now.
Any statement that is put out rather than taking action is so pointless ffs
It’s like wasps repeating we are progressing funding well!!!
Errr... thanks for clearing that up. I'm sure we're all very reassured now.
IDK.Quicker than I expected ! Why the fuck this wasnt done on Friday I’ll never know…unless Shmmeee’s conspiracy theories about intentional tanking was correct
wtf is a mirtgage product that comes with a fee, as opposed to one that doesn't?!?Mortgage market getting jittery now. Hope this doesn’t effect your situation NW
No idea. But lenders are lining up to pull fixed rate deals now for new customers. Not sure if that includes mortgages agreed but not yet implemented.wtf is a mirtgage product that comes with a fee, as opposed to one that doesn't?!?
Do they mean the arrangement fee or redemption fee for re-mortgage? I remember both products that were fee free, but they skanked you on the APR…. And never understood their point as it went on the mortgage anywaywtf is a mirtgage product that comes with a fee, as opposed to one that doesn't?!?
It's an excuse to pull out I guess. Current house is cheap but mortgage free (go me and my plodding along save until I can afford most of the cost of a house!) and there's something to be said for that atm!No idea. But lenders are lining up to pull fixed rate deals now for new customers. Not sure if that includes mortgages agreed but not yet implemented.
I moved house in February. The mortgage advisor recommended I take a 2 year fixed, my dad said I should take a 5 year.
Went with the old man's advice thankfully!
Or if everybody stops buying things because of the uncertainty of credit, and saves their cash instead.I moved last year and thought I was clever going for two year, ends next March.
According to what the mortgage company just told me, if it ended today my payments would go up about £250/mo.
Not sure where you’re going to get all this growth from when everyone is skint.
Could argue they felt interest rates wouldn’t move too much and they were wrong obviously
Luckily we switched Wednesay evening and saved £50pm before the hike on Thursday. Been meaning to do it for years but never got around to it.
We're with Halifax. No forms or anything as we weren't asking for more money, just switched to a five year fixed rate.
Similar for me but a couple of months ago, when I signed up to a new 5 year fixed rate….has saved me over £100 a month already.
I don’t think anyone could have predicted we could have had an even bigger arsehole in charge than the last one, but the Tory’s have nailed it!
I just hope people don’t have short memories and remember the corruption, the sleaze, the lies, the destruction of the economy, and sheer ineptness and keep this lot out of government for many years to come at the next election.
I just hope people don’t have short memories and remember the corruption, the sleaze, the lies, the destruction of the economy, and sheer ineptness and keep this lot out of government for many years to come at the next election.
Pretty obvious there isn't a plan and they've given themselves 6 weeks to come up with one. Its a bit like Wasps and there constant 'everything will be fine' statements.Not sure they’re taking this seriously now. Going to make an emergency statement, in six weeks. Almost as long as it takes to get an ambulance
Where’s that? The country will be in turmoil in 6 weeksPretty obvious there isn't a plan and they've given themselves 6 weeks to come up with one. Its a bit like Wasps and there constant 'everything will be fine' statements.
Where’s that? The country will be in turmoil in 6 weeks
Seen it now. What a jokeWhere’s that? The country will be in turmoil in 6 weeks
When?I remember in the ERM when interest rates were escalating every hour getting to 16% in the end
This is tame. It will stabilise soon enough
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