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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast
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http://www.theguardian.com/business/201 ... rest-ratesI imagine it'll be slow and steady when it does eventually rise, madam.
_________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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| Fri Jun 13, 2014 3:54 pm |
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big_D
What's a life?
Joined: Thu Apr 23, 2009 8:25 pm
Posts: 10691
Location: Bramsche
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I think Rates were 17 - 18% when I bought my house in Southampton.
_________________
"Do you know what this is? Hmm? No, I can see you do not. You have that vacant look in your eyes, which says hold my head to your ear, you will hear the sea!" - Londo Molari
Executive Producer No Agenda Show 246
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| Fri Jun 13, 2014 9:00 pm |
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hifidelity2
I haven't seen my friends in so long
Joined: Fri Apr 24, 2009 1:03 pm
Posts: 5041
Location: London
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same - we bought our house at 15% and then they shot up the next day to 17% when (i thinkl) Norman Lamont tried to defent the £ within the ERM
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| Fri Jun 13, 2014 10:38 pm |
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TheFrenchun
Officially Mrs saspro
Joined: Wed Jan 06, 2010 7:55 pm
Posts: 4955
Location: on the naughty step
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It won't help with the fact that thousands of flats across the UK are being bought cash by foreign investors who will never set foot in the country. All it's going to do is price out UK residents even more.
Sent from my iPhone using Tapatalk
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| Sat Jun 14, 2014 6:33 am |
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l3v1ck
What's a life?
Joined: Fri Apr 24, 2009 10:21 am
Posts: 12700
Location: The Right Side of the Pennines (metaphorically & geographically)
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I hope the rates don't go up before we renew in October.
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| Sat Jun 14, 2014 8:12 am |
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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast
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_________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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| Tue Jun 17, 2014 3:04 pm |
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paulzolo
What's a life?
Joined: Thu Apr 23, 2009 6:27 pm
Posts: 12251
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Certainly, when I was working at the DHSS in the 1980s and we had to do mortgage calculations, were were processing rates of 15% upwards. Savings were getting a good 10% return.
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| Wed Jun 18, 2014 1:42 pm |
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jonbwfc
What's a life?
Joined: Thu Apr 23, 2009 7:26 pm
Posts: 17040
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Black Monday. I remember I was a student at the time, we kind of weren't paying attention to it but I remember the staff were somewhat distracted that day.
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| Wed Jun 18, 2014 3:20 pm |
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pcernie
Legend
Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast
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Black Wednesday?  _________________Plain English advice on everything money, purchase and service related:
http://www.moneysavingexpert.com/
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| Wed Jun 18, 2014 3:30 pm |
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jonbwfc
What's a life?
Joined: Thu Apr 23, 2009 7:26 pm
Posts: 17040
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Yup. I was a student for Black Monday too which is why I had them confused. Bookended my further education  .
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| Wed Jun 18, 2014 6:16 pm |
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