blueish swede
Well-Known Member
So "diversion" then.
I wondered how you lot would respond to the fact that Labour will make everyone poorer. Diversion from the topic is an accepted ploy.
But in this case not a very good one, since interest rates are spectacularly low, and this is a very good thing. Bad, naughty Brexit for keeping interest rates so low and putting so much money in peoples' back pockets.
FYI my interest-only mortgage cost when I took it out in 2002 was around £1,000 a year. It went up to £1,200, maybe £1,300 a year when I remortgaged and borrowed a bit more in 2005. It's now £380. It was a bit lower obviously when rates were 0.5%. But anyway, it means I've saved something like £700 or £800 a month, every month for the past 10 years, as a result of the low rates. Terrible, just terrible.
No it's not.