olliegog Posted June 10, 2013 Share Posted June 10, 2013 'Older home owners who are interested in releasing cash from the equity in their home have also been offered hope of lower interest rates following signs that some big mortgage lenders are preparing to enter the equity release market. ' so those with no mortgage or with so-called 'equity' can 'rejoice' that low interest rates on equity released from their home can compensate them for getting b.... all on their savings. Increase your mortgage/debt because interest rates are low and pile into BTL **sigh** :angry: Quote Link to comment Share on other sites More sharing options...
the_duke_of_hazzard Posted June 10, 2013 Share Posted June 10, 2013 We're already at 1.69%, it's not much of a stretch to 1.5%. Not so long ago it was 1.79%. http://themortgagemeter.com/#/best_buys Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted June 10, 2013 Share Posted June 10, 2013 And the fees? What are the fees! Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted June 10, 2013 Share Posted June 10, 2013 We're already at 1.69%, it's not much of a stretch to 1.5%. Not so long ago it was 1.79%. http://themortgagemeter.com/#/best_buys If you are on the Nationwide BMR there is simply no incentive to move to any of those listed. Quote Link to comment Share on other sites More sharing options...
Errol Posted June 10, 2013 Share Posted June 10, 2013 'Older home owners who are interested in releasing cash from the equity in their home have also been offered hope of lower interest rates following signs that some big mortgage lenders are preparing to enter the equity release market. ' LOL. They really are getting desperate now. Quote Link to comment Share on other sites More sharing options...
porca misèria Posted June 10, 2013 Share Posted June 10, 2013 LOL. They really are getting desperate now. Getting desperate? Some HPCers cling desperately to that phrase. Here's one called Errol posting in 2008. Quote Link to comment Share on other sites More sharing options...
ThePiltdownMan Posted June 10, 2013 Share Posted June 10, 2013 'Older home owners who are interested in releasing cash from the equity in their home have also been offered hope of lower interest rates following signs that some big mortgage lenders are preparing to enter the equity release market. ' so those with no mortgage or with so-called 'equity' can 'rejoice' that low interest rates on equity released from their home can compensate them for getting b.... all on their savings. Increase your mortgage/debt because interest rates are low and pile into BTL **sigh** :angry: The younger generation can kiss goodbye any thoughts of inheriting property. They will be forced to buy early or rent forever. Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted June 10, 2013 Share Posted June 10, 2013 The younger generation can kiss goodbye any thoughts of inheriting property. They will be forced to buy early or rent forever. Given the choice of "buy now or rent forever" I'd choose the latter. Quote Link to comment Share on other sites More sharing options...
Biggus Posted June 10, 2013 Share Posted June 10, 2013 Any bank that lends at such low rates against assets they know are overpriced deserves to go bust. Quote Link to comment Share on other sites More sharing options...
Stop The Ride Posted June 10, 2013 Share Posted June 10, 2013 Any bank that lends at such low rates against assets they know are overpriced deserves to go bust. Guess who gets to bail them out? Quote Link to comment Share on other sites More sharing options...
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