The Conservative Party

Can anyone help on mortgages?
I am on my 1st one, I got a 5 year fixed in March 2020, paying approx £ 650 a month with Nat West.

I get really anxious on stuff but am I right in saying I can't do anything until at least another 2 years when it comes to getting a new deal? Just don't know whether I should be doing anything now, my parents are no longer alive so I'd usually ask good old Dad for some advice. Cheers
 
Can anyone help on mortgages?
I am on my 1st one, I got a 5 year fixed in March 2020, paying approx £ 650 a month with Nat West.

I get really anxious on stuff but am I right in saying I can't do anything until at least another 2 years when it comes to getting a new deal? Just don't know whether I should be doing anything now, my parents are no longer alive so I'd usually ask good old Dad for some advice. Cheers

Yep, you're fine til 2024, and hopefully things have calmed down a bit by then. I think some let you re-mortgage within 6 months of your current deal expiring if you can find a better (or less bad) rate.

I'm due to remortgage in July, currently paying 2400 a month. Safe to say, I'm not looking forward to it.
 
Yep, you're fine til 2024, and hopefully things have calmed down a bit by then. I think some let you re-mortgage within 6 months of your current deal expiring if you can find a better (or less bad) rate.

I'm due to remortgage in July, currently paying 2400 a month. Safe to say, I'm not looking forward to it.
Thanks Joe
 
Truss committed to not cutting spending, going ahead with tax cuts, and (I think) abandoning fracking.

No.10 has since tried to roll back the ‘not cutting public spending’, but ultimately no one is buying what Truss is selling, given what she says is largely word soup.

Govt borrowing costs still rising last time I looked. Govt has no credibility left and everyone knows it.
 
Truss committed to not cutting spending, going ahead with tax cuts, and (I think) abandoning fracking.

No.10 has since tried to roll back the ‘not cutting public spending’, but ultimately no one is buying what Truss is selling, given what she says is largely word soup.

Govt borrowing costs still rising last time I looked. Govt has no credibility left and everyone knows it.
I’d like to think there are 40 or so Tory MP’s who’d vote to bring this government down, especially as they are supposed to be representatives for their constituents, almost all of whom are worse off today than they were before the budget and, more importantly, will be much much worse off if this carries on for much longer.
Sadly, I think I’m overrating many of them……
 
I’d like to think there are 40 or so Tory MP’s who’d vote to bring this government down, especially as they are supposed to be representatives for their constituents, almost all of whom are worse off today than they were before the budget and, more importantly, will be much much worse off if this carries on for much longer.
Sadly, I think I’m overrating many of them……

I‘m genuinely unsure as to whether enough Tory MPs have a spine. If I have to put money on it, I think there are enough to force a u-turn, with Kwarteng as the chosen sacrifice.

Truss will follow fairly quickly after him. The Govt is pretty much finished no matter what.
 
I’d like to think there are 40 or so Tory MP’s who’d vote to bring this government down, especially as they are supposed to be representatives for their constituents, almost all of whom are worse off today than they were before the budget and, more importantly, will be much much worse off if this carries on for much longer.
Sadly, I think I’m overrating many of them……
I just can't see that happening. For anything remotely similar, I think you would have to go back to 1922 when the Unionists (the then Conservatives) brought down Lloyd George's coalition, but that was ushering in their own power. That said, Truss said no to a General Election today, so on current form, who knows what she'll think tomorrow?
 
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