Lettuce Liz then Tetchy Rish! and the battle to replace him

[machin05]

I'd imagine the base rate will be lower than that within 12 months.

Here's hoping. That's why we're taking the hit on a higher rate 2 year renewal.

 

[Elephant Pyjamas]

Just checked with Nationwide and I can drop to a 4.44% 2 year fixed at no fee, so will do that today - saves just over £100 a month.

If rates fall drastically can pay to exit and get on a new term if its worth the hit.

The prediction is that we'll be at 4.25 base rate in December 2024.

Not sure how the election will effect all that though.

 

[jlo]

What would you do as a desperate first time buyer right now trying to get to the ladder? Go for a current rate or try and hang on and lose another year of your life renting? Genuine question.

 

[Del Woppio]

What would you do as a desperate first time buyer right now trying to get to the ladder? Go for a current rate or try and hang on and lose another year of your life renting? Genuine question.

I think year will see the rates drop, but probably not enough to cancel out a year's rent. Most analysts predict we'll hit ~3% by the end of 2025

Have a look at mortgage calculator, calculate the difference between a two-year rate today, and then the same with hypothetical rate of 4-4.25% for Jan 2025 and 3-3.25% for Jan 2026. Depending on what your current rent is you may save money by holding on (and increasing your deposit and lowering LTV). Obviously the other consideration is house price inflation.

Basically you're somewhere between skint and fucked whatever you do, and whatever you choose you'll look back in three years time and wish you'd done something differently.

Thoroughly fucking depressing.

 

[Stan Hullis]

I think prices will remain fairly resilient as the mortgage rates level off, there is a reasonable amount of pent up demand in the system as people have been holding off making a decision or moving whilst things settle down.

 

[jlo]

I think year will see the rates drop, but probably not enough to cancel out a year's rent. Most analysts predict we'll hit ~3% by the end of 2025

Have a look at mortgage calculator, calculate the difference between a two-year rate today, and then the same with hypothetical rate of 4-4.25% for Jan 2025 and 3-3.25% for Jan 2026. Depending on what your current rent is you may save money by holding on (and increasing your deposit and lowering LTV). Obviously the other consideration is house price inflation.

Basically you're somewhere between skint and fucked whatever you do, and whatever you choose you'll look back in three years time and wish you'd done something differently.

Thoroughly fucking depressing.

Yeah I keep asking the question hoping I've missed something obvious but even a financial planner told me exactly what I already knew. I think it is just do anything you can to get on the market and hope things are better when you get out of the fixed rate period. It's that or paying a mortgage well into my retirement...

Thanks Del, cheered me up

 

[Del Woppio]

If it's any consolation I've done my own mood no favours mate

 

[Tredman]

Splitters!!

Truss’s PopCon group splinters on launch but attacks Sunak’s policies

Just two of four MPs billed to speak present as launch event amounts to evisceration of PM’s government

www.theguardian.com

 

[Deutsch Wolf]

Now now, they have Holly Valance on board which I suppose would be quite a big celebrity endorsement if it were 2002.

https://twitter.com/x/status/1754919130837483709

No word as yet on whether Rish! can tempt Busted or Will Young into backing him.

 

[Kenny]

Not interested until I know what Harold Bishop thinks

 

[Tredman]

Not even Alf from Home and Away supports them any more FFS

 

[Langers]

Oh FFS I didn't realise Holly Valance was a gammon. How disappointing.

 

[Keef]

I’m guessing she was a lefty until she married a billionaire property developer

 

[Keef]

Now now, they have Holly Valance on board which I suppose would be quite a big celebrity endorsement if it were 2002.

https://twitter.com/x/status/1754919130837483709

No word as yet on whether Rish! can tempt Busted or Will Young into backing him.

Tbf, Will Young would tell him to leave right now

 

[Sniffer]

Talking of things settling down, Liz Truss genuinely believes that a comeback is possible for her. In a speech today at PopCon she claims that the Nations problems (after 14 years of Conservative Government) is left wing extremists infiltrating our institutions, corporations and media. For any teachers listening she claims that "wokeism seems to be on the curriculum” in schools.

Deluded the lot of them. Gaslighting the public is all they’ve got left.

 

[Wilf Wolf]

The longer Truss hangs around like a wet fart the better. It’s so simple to ridicule her, her ideas and her disastrous spell as PM that she’s electoral gold for the Labour Party.

 

[Kenny]

Fucking "popcon" can get in the sea

 

[lemonjelly]

Truss apparently suggested "the enemy " includes environmentalists as well as those who support equality for under represented ethnic groups and lgbtq rights.
As @Sniffer says, deluded.

 

[Wilf Wolf]

Truss apparently suggested "the enemy " includes environmentalists as well as those who support equality for under represented ethnic groups and lgbtq rights.
As @Sniffer says, deluded.

And evil.

 

[Sniffer]

Truss apparently suggested "the enemy " includes environmentalists as well as those who support equality for under represented ethnic groups and lgbtq rights.
As @Sniffer says, deluded.

That’s because the lefties, who no longer claim to be socialists, are hiding in such groups stopping the elected politicians from being able to govern. I recommend anyone to watch the speech which includes the highlights of the Conservatives 14 years in power. Getting Brexit Done, new trade deals and stopping Jeremy Corbyn being all she could muster.