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Rising cost of living
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Old 05-10-2022, 11:42   #526
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Re: Rising cost of living

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You were - January was when mortgage rates started climbing, albeit slowly at first. We were kicking ourselves for not arranging ours 3-4 weeks earlier, though it’s all relative now.
Yup the BoE first raised the base rate as the application was on-going in late December. Thankfully the mortgage application was done absurdly fast, a matter of days, so it was locked in even though I didn't complete until March.
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Old 05-10-2022, 12:14   #527
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Re: Rising cost of living

BBC now discussing the typical 2-year fix on Politics Live, saying it is now 6.07%.
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Old 05-10-2022, 16:36   #528
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Re: Rising cost of living

Yes, it’s now at 2008 levels, when Labour were in charge.
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Old 05-10-2022, 16:42   #529
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Re: Rising cost of living

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Originally Posted by OLD BOY View Post
Yes, it’s now at 2008 levels, when Labour were in charge.
What is - the average rate available for a 2-year fix? I’d appreciate a link to that data set if you have one.
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Old 05-10-2022, 16:52   #530
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Re: Rising cost of living

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Originally Posted by Chris View Post
What is - the average rate available for a 2-year fix? I’d appreciate a link to that data set if you have one.
It’s probably relevant to point out that whilst average house prices have increased by 60% since 2008, average wages have increased by 20%, so that’s a variable in the "affordability" formula that should be taken into consideration…
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Old 05-10-2022, 16:59   #531
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Re: Rising cost of living

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Originally Posted by OLD BOY View Post
Yes, it’s now at 2008 levels, when Labour were in charge.

And that's very bad. What's your point? I thought you were a Conservative supporter, OB?

I'm a true Conservative and since 2015, omnishambles doesn't cover it.
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Old 05-10-2022, 18:56   #532
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Re: Rising cost of living

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Originally Posted by OLD BOY View Post
Yes, it’s now at 2008 levels, when Labour were in charge.
But nowhere near the 15% of July 1980, or the 15.25% of October 1990, so I’m not sure what your point is?
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Old 06-10-2022, 10:21   #533
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Re: Rising cost of living

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Originally Posted by Hugh View Post
But nowhere near the 15% of July 1980, or the 15.25% of October 1990, so I’m not sure what your point is?
Desperate deflection & blind infatuation, think Truss but with a singular sock
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Old 06-10-2022, 10:34   #534
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Re: Rising cost of living

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Originally Posted by Sephiroth View Post

And that's very bad. What's your point? I thought you were a Conservative supporter, OB?

I'm a true Conservative and since 2015, omnishambles doesn't cover it.
Old Boy is saying we're in the same position as we were during the Global Financial Crisis, but self-induced. Not really the kind of endorsement for Trussonomics she might have hoped for!
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Old 06-10-2022, 10:49   #535
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Re: Rising cost of living

Quote:
Asda has announced a range of new ‘winter warmer’ initiatives to support customers and community groups struggling with the cost-of-living crisis - including offering those aged 60 and over soup, a roll and unlimited tea and coffees for £1 in any of its 205 cafes all day and every day throughout November and December.
https://www.walesonline.co.uk/news/c...mited-25190530

Although I applaud this help, I fear the cafés will be full most days, making it impossible for other customers to get food or drinks.
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Old 06-10-2022, 10:55   #536
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Re: Rising cost of living

Quote:
Originally Posted by Taf View Post
https://www.walesonline.co.uk/news/c...mited-25190530

Although I applaud this help, I fear the cafés will be full most days, making it impossible for other customers to get food or drinks.
I might even venture into the local ASDA (Lower Early) and look for OB! Normally I wouldn't want to be seen there! I look forward to a similar initiative from Waitrose, Wokingham who do the best bacon buttie.

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Old 06-10-2022, 11:10   #537
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Re: Rising cost of living

Quote:
Originally Posted by Taf View Post
https://www.walesonline.co.uk/news/c...mited-25190530

Although I applaud this help, I fear the cafés will be full most days, making it impossible for other customers to get food or drinks.
As with buses, so too Asda. Please give up your seat if required by someone in greater need.
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Old 06-10-2022, 12:15   #538
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Re: Rising cost of living

Unlimited data sim a laptop and Netflix the silver surfers could spend the day their binging
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Old 06-10-2022, 12:52   #539
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Re: Rising cost of living

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Unlimited data sim a laptop and Netflix the silver surfers could spend the day their binging
There will be long queues for the loos too.
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Old 06-10-2022, 12:59   #540
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Re: Rising cost of living

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There will be long queues for the loos too.
they could take their own commode hahaha
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