Brexited | the worst threads live the longest
- Thread starter Silva
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Hard to see rates getting any lower!
My mortgage is up at the same time and i will definitely be trying to lock in a fixed rate before March.
Probably because it's heading for Hard Brexit which plenty of people are happy with?
Those are the worst sorts of people. Behead them all.
Yeah fair point on not getting much lower. I guess i was just after a bit of reassurance that would be better to lock in to say a 5 year fixed rather than 2/3.
Yeah i havent decided how far out i will fix, depends on if you think you will want to move in the next 5 years?
Minimum 3yr fix i recon but depends on what the rate difference is.
So Brexit is their right and our duty. Hooooly cow, I wonder what kind of glue that bloke is sniffing to get these ideas
https://news.sky.com/story/public-o...against-brexit-sky-data-poll-reveals-11453220
Sky Poll
Although 52% think Brexit will be bad for the economy, how on earth do 35% think the economy will be better? Surreal.
Sky Poll
Although 52% think Brexit will be bad for the economy, how on earth do 35% think the economy will be better? Surreal.
No pesky immigrants ruining it anymore innit.
https://www.ft.com/content/b18a3622-919a-11e8-b639-7680cedcc421
No direct job losses from this but..
Oh boy.
It is widely expected that the minimum lending rate will rise this thursday.
We don't know what inflatiron is going to look like post brexit. Hard brexit could cause CPI to rise sharply.
The economy being weak is a reason why interest rates might stay low but we could end up in a stagflation scenario.
This is the problem with using monetary policy to solve problems. Interest rates have been so low that when the economy tanks, the BoE has no tools at its disposal. My advice would be to lock in a rate for the foreseeable.
I would say so. Rates are now at a truly historic low, the potential for them to rise is many times greater than the small amount they could possibly fall by. I have heard it said the longest period fixed rates are not suitable for people who might want to move house or pay off early though, as the penalties to do so are so high, but I don't know how true this is. Would have to examine any offer closely I suppose.
I can't see it tbh, not with a hard Brexit seemingly looming.
Feck knows how the BoE will manage stagflation. I do wonder how long Carney could resist raising rates if inflation surges post-Brexit too. Whole thing is such a cluster.
My last two fixed rate mortgages have been five year- think we have two or three left on the current one. I'd lock in the rate for longer tbh.
Hargreaves Lansdown are still expecting a thursday rise on their website: https://www.hl.co.uk/news/2018/7/30/five-things-to-watch-on-uk-interest-rates, which I'm sure you know, so I'll await with interest.
The pound falling again would impact inflation, but only for 12 months, so maybe the Bank would ride it? Higher tariffs would raise inflation too, but I don't know if tariffs would actually be higher or lower, it's hard to know who to believe. It's government revenue falls when businesses leave, combined with higher government expenditure, that worries me the most, but the forecasting bodies don't seem to be predicting an insurmountalbe problem, and again, it's hard to know who to believe.
The most hilarious outcome would be if you guys end up somehow remain-ing . Will be a laughing stock for everybody but at this point nobody would mind, it seems.
Oh right- 86.4% probability of a rate hike according to market pricing.
No-one has a fecking clue what's going to happen post-Brexit tbh.
"He suggested the implications of no deal could be spelled out on billboards in EU member states."
I'm envisaging a redux of the 'Turkey' billboard pre-referendum. "66m people from Britain will seek sanctuary in the EU if they leave with no deal" should scare them straight.
What planet do these Brexiters live on?
"He suggested the implications of no deal could be spelled out on billboards in EU member states."
I'm envisaging a redux of the 'Turkey' billboard pre-referendum. "66m people from Britain will seek sanctuary in the EU if they leave with no deal" should scare them straight.
What planet do these Brexiters live on?
Not the same planet as everyone else, that's for sure.
I thought this was hilarious:
A cabinet source said: “It is designed by No 10 to do the opposite of what Brexiteers want. We could have made a strong case for no deal and said we were prepared. The way they are presenting it makes it look like Armageddon.
“It is a kamikaze approach to no-deal. The truth is, it’s total chaos. They are deliberately trying to make no-deal look bad.
“It’s a fallacy to say it will be a total disaster. It won’t. We need to highlight the risk for the European Union, the negatives for them.”
The government and Brexiters have totally lost the plot.
Do they yet realise that it's not the EU that would run out of food, medicine because , wait for it, the borders between the EU27 will not be closed.
It's almost like the brains of those in charge have been consumed by extraterrestrial insects.
I'd happily accept being a laughing stock if it meant that the UK remained a part of the EU as we were before the referendum.
Same here, we're a laughing stock regardless. But I'd rather be a laughing stock without the catastrophes of Brexit.
And you still are, technically.
I'm a Liverpool supporter, I've dealt with worse.
From what I can see most non-British are totally bemused by the whole thing, as are many of us too of course. Can't argue with laughing stock though, the cap fits I'm afraid.
On the plus side if we do remain I don't think the Tories as we know them would survive, a huge number of Tory voters would never vote Tory again.
I meant you are still in the EU.
Oh.I meant you are still in the EU.
Well yeah, but it feels like we're edging towards a no deal. I live in Toronto now so it's not going to impact me but it'd be nice to have a country to come home to one day.
Where did you find thisSo Brexit is their right and our duty. Hooooly cow, I wonder what kind of glue that bloke is sniffing to get these ideas
Can someone tell me where the mirror stands politically, I was looking for Maguire news and stumbled on this.
So you have no idea how trade deals work but you are a diabetic who isnt worried so nobody else should be? I would rather have the secure feeling that my life saving medicine is in guaranteed supply rather than hoping for the best it will be. Lets hope this does'nt bite you in the arse next year.
They are left wing. The tag line of the paper is 'the thinking tabloid'
Still a load of guff generally.I'd have thought everyone knew the Mirror was solid Labour. Although to be honest I haven't read it since that fat crook Maxwell took it down market and stole the pension funds. Before he got hold of it the Mirror was about the left's equivalent to the Mail, not quite broadsheet but more content than the Sun and Star. Maxwell wanted another Sun though.
It's staunchly left and I'd have it as the Mail of the left. The DM pretends it's an intelligent paper too- all the Mirror did was get rid of page 3 in a bid to be more 'upmarket'.