My mortgage is now at a rate of 3.65%, meaning my payments are now below £200/month
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So far, I quite like this recession...
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So far, I quite like this recession...
Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishing -
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Originally posted by d000hg View PostMy mortgage is now at a rate of 3.65%, meaning my payments are now below £200/monthComment
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It's only losing £2000 a month if you're in negative equity. And even then, it's only realised when you sell it. Recessions are usually beneficial for those who manage to stay in work.Down with racism. Long live miscegenation!Comment
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Me too.
My BTL in Glasgow has increased in value by 6% in the last quarter if I'm to believe the BBC which is also mortgaged with the abbey and since the drop in interest they've passed on the rental income is almost double the mortgage.
I'm loven the recession"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by NotAllThere View PostIt's only losing £2000 a month if you're in negative equity. And even then, it's only realised when you sell it. Recessions are usually beneficial for those who manage to stay in work.The cycle of life: born > learn > work > learn > dead.Comment
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Originally posted by Turion View PostAnd if it's an average house it is losing you >£2000 a month . Does that make you feel good also. Do you have any pension/investments? What about after 6 months on the bench, no prospect of work and wifey has left you. Won't be so smug then will you.
- No stocks or pension to worry about
- Not on the bench
- Prospect of work already
- Wife not bothered about being well off
Someone sounds a bit bitter...Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Living in a 70k house i'd suggest she has no choice
Originally posted by d000hg View Post- It was only worth £70K when we bought it
Wife not bothered about being well offComment
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Lol.
Houses are reasonably priced up north, it would have been £400k in Guildford or some dump like that.
value of house != earnings of those who live in it... it was bought on a modest programming salary when we got married and were skintOriginally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Originally posted by NotAllThere View PostIt's only losing £2000 a month if you're in negative equity.Comment
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