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Got talking about the HPC particularly because of the IR going down. During the discussion one of the girls in the office let slip that she really needed the rate to come down because her tracker / variable (which ever it is) rate mortgage was really begining to hurt.

She bought about 18 months ago. I remember saying at the time (not too forcibly because everyone has to make their own decisions) that we were at the top of the market and it was not a good idea to buy at that stage in any market.

Since she bought there have been a few IR rises. I suggested that she look into going on to a fixed rate, but she is locked into her variable / tracker. So much for good mortgage advise. :angry:

I really hope she manages to get through what is coming because she is a nice person. She is also on an above average salery (a professional engineer) so if she is struggling it must be getting really bad out there for the average wage earner :( .

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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