NuBrit

Members
  • Content count

    650
  • Joined

  • Last visited

About NuBrit

  • Rank
    HPC Regular

Recent Profile Visitors

453 profile views
  1. Does your phone have use an SD card? Did you try it?
  2. If they're going to give you a 0% interest free loan for two years for something you were going to buy anyway, why not take it? I have a maxed out credit card with 23 months interest free period remaining. I could pay it off with savings if I wanted to, but I am happy to leave that money on deposit with the bank, letting it earn me nearly £100 a year.
  3. Non, je ne regrette rien

    When I say you cannot go wrong with the 10 year fixed, I mean if you absolutely have to go for a mortgage, then it's the best (least bad) option out there.
  4. Non, je ne regrette rien

    FYI regarding the above, that may be my pocket talking. I was actually looking at remortgaging my existing house, but instead decided to go buy a new place. However I do live in Northern Ireland in an area where a decent quality 4 bedroom detached house can be had for £150k. If the value of that house lost 50% of its value, I would literally not lose a wink of sleep over it. More than can be said for the two spivs I watched on Krusty and Phil the other night who dropped £750k on a 2 up, 2 down mid-terrace in a fashionable part of London that would be absolutely useless should they have more than one kid.
  5. Non, je ne regrette rien

    I agree, when you consider what's happened over the last 30 years, if you had went fixed, you would likely have lost money against a variable rate. However, I think things really are different this time. Consider a 75% LTV mortgage. A 10 year fix can be had for as low as 2.5%. The very cheapest lifetime tracker is 2% + BOE rate which is currently 0.25%, giving you a real rate of 2.25%. Given that rates are going up next month, or very shortly after, the tracker rate is already going to match the fixed rate and is likely to go up against in fairly short order. I literally cannot see how you lose with the 10 year fixed at this point.
  6. Non, je ne regrette rien

    I think you're missing the point, it's impossible to take out a mortgage at 0.25%. The most common mortgage that people take out in the UK is the standard variable rate and most of the high street lenders will offer that to those seeking a 90%+ LTV mortgage at a rate of about 3.5%-3.7%.
  7. http://www.bbc.co.uk/news/uk-politics-41585430 Barnier talking about deadlock in the negotiations. What are Davis and the civil service mandarins exactly doing, why has there been no progress?
  8. Sentiment currently

    In Northern Ireland where I live, the market for starter home at £150k or less is good, but list a price anything above that and they're not shifting.
  9. Share prices were on the rise in the week before the announcement. I wonder how many people got wind of this announcement?
  10. I do not like Diane Abbot, but I really am struggling to find anything worse than a blatant Tory boy like yourself. On to the matter at hand, If this move is true, it truly is indefensible.
  11. Is this some sort of sick joke? We are at the top of a property bubble and we have government making a very real attempt to prop it up?
  12. Yes, that's why it's probably that bit too early to be buying now. The time to buy will be when there's blood on the streets. Ideally they will have posted losses, maybe even have been forced into raising capital. At that point everyone will be throwing their guts up and no one will want to own the shares (except me :))