debtslave

DH is popping over to HPCUK tonight to have a word and tell them to stop telling the truth and scaring the DC's etc

Yep, that's quite the bubble in London and South/South West in general tbf

UK Mortgage Statistics 2023 - Mortgage Facts and Stats Report | Uswitch

https://www.mumsnet.com/talk/property/4844102-6-mortgage-rates?page=10 Reality setting in, rates here to stay now etc.

Yeah there a few things like that they get wrong but overall quite a decent listen. Lots of mentions of HPC and negative equity etc. That lady who is has done shared ownership and also wanting to buy out her ex from the mortgage is super screwed.

Beat me to it, just popped over and I am stuffed from all the bear food.

The i Podcast: how the mortgage crisis could break Britain (inews.co.uk) Listening to this currently. Crash/Crisis being banded around all over the shop now in MSM.

When do you think they will peak? I hope you're wrong tbh, I think 10% would be devastating for a lot of people.

We got around 4% at my place. It was done at a set figure for all employees so the lower earners got a higher percentage than higher earners etc, which I thought was quite fair.

Very good questions. I think BR might be around the same as now by then after rising and falling. So we are still looking at people who massively over borrowed going from 1-2% to 6-7% IMO. Wage growth is a factor, I don't think it can bail out those who are facing £400+ monthly increases. Guessing when we hit inevitable recession during this period as well firms are not going to be able to keep wage inflation going at current levels.

That seems realistic. Guess it depends how bad of a recession we hit and for how long.

Ah I see, thankyou.

So we've hit peak BR already then, seems optimistic doesn't it.

How long do you think we're looking at in your opinion? Where do you think base rate will be in 3 years time?

They will once BR hits 8%.....

His comment did not age well 🤣

Russian trolls spewing out the koolaid cos even they can't drink it atm lol...... Try and all get your story straight before posting on here guys come on 🤣 It wasn't a coup....no blood was spilled......riiiiiiiiiiighhhhhht

Even trollover can't spin what happened at the weekend so is just posting meme's....

Glad they were able to take advantage of the situtation. Lets hope there are some more issues internally for Russia soon.

I don’t think they (Wagner) are meeting much resistance moving towards Moscow. Is this game over for Putin? 🧐

Wagner reportedly as close as 100km from Moscow now

Not got the links for Twitter posts as just random people saying it but seen mutiple saying it there. also here https://www.independent.co.uk/news/world/europe/wagner-rebellion-ukraine-news-today-b2363498.html hope it’s true as well

Seeing reports on twitter the frontline at Bakhmut has collapsed, ukranians making huge gains.

To be fair if you’re not fixed at a lower rate then yes I agree renting is cheaper atm. And if you factor in you get more help from the government with housing benefit if you lose you’re job then definitely correct. I’m not so sure on rents falling, lot of BTL’s going to be selling up. Where I am in Dorset people are literally fighting over any decent place that comes up to rent already. Supply is very limited at least over my way.

This. Sh1te quality overpriced houses.