Monday, December 14, 2009

UK mortgage holders ‘now £200 a month better off’

UK mortgage holders 'now £200 a month better off’

"Falling interest rates and lower mortgage payments mean a quarter of UK homeowners are at least £200 a month better off than this time last year, according to the Bank of England."

Posted by becky @ 08:50 AM (1762 views)
Please complete the required fields.



8 thoughts on “UK mortgage holders ‘now £200 a month better off’

  • not for long rates will be going up soon…

    Reply
    Please complete the required fields.



  • general congreve says:

    That lovely free £200 used to be MY F$CKING INTEREST on my savings account. Why am I paying for these [email protected]?!?! Let them fail and so house prices correct.

    Reply
    Please complete the required fields.



  • They will have to put IR up , as the whole world will soon see UK plc for a s[c][h]am [both apply] it has become. The Eaton Rifles will
    be no help either.

    Reply
    Please complete the required fields.



  • Gordon Brown will NEVER put up interest rates, as it would be a clear admission that the country is bust. Brown has always identified 15% interest rates under the conservatives as a bust, so he simply won’t do that.

    Reply
    Please complete the required fields.



  • Do you think if the conservatives at the time had a choice they would have put interest rates upto 15%

    Reply
    Please complete the required fields.



  • Re what General Congreve says, that’s the clever bit – they rob every household of rather more than £200 a month in taxes*, but the majority then get £200 back from people like General Congreve (or me) but as we are in the minority, that is irrelevent to politicians.

    Yet another triumph of Home-Owner-Ism – rob from the cash rich to give to the property rich all as a smokescreen to rob everybody of far larger sums.

    * Above and beyond what they need to spend on actual schools’n’hospitals.

    Reply
    Please complete the required fields.



  • What are all these people doing with the money they’ve been saved? Larry Elliott of Guardian seems to think they’re just paying down their mortgages.If that is the case would n’t it have been better to arrange things so the poor got the money instead, on the principle that they spend everything they get.The shops should be booming.Its almost as if homeowners ,not being able to squirrel it into their property ,don’t know what to do with it.If Brown/Darling has any sense they’d give up on them.But,of course, homeowners do deliver the election-winning bloc-vote.

    Reply
    Please complete the required fields.



  • Many are not hurting, many have never had it as good. Will the good times last for these lucky few?

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>