Dr The Singh Posted 17 September 2008 Posted 17 September 2008 They can have my debt very quickly. Feck em Ric, sell the house and do a runner with the money, they will have gone bust and you will be scott free!!!
Ric Flair Posted 17 September 2008 Posted 17 September 2008 Feck em Ric, sell the house and do a runner with the money, they will have gone bust and you will be scott free!!! Singh, you've twisted me arm. I've got £117,000 to rinse!
Tabou Posted 17 September 2008 Posted 17 September 2008 Now that is not good news as I am on a variable rate. I think a reposession might be in order, i'm really not that bothered. If so, i'll try and milk a few more grand out of any old credit source before hand.Orient on the champagne! I was mainly refering to the mortgage rates that you as a customer might apply for on the open market. For example, Nationwide have put their rates up and down no less than 9 times in the last 6 months. However, their variable rate (Probably what you are on, but with another lender) Has remained at 6.49% since March. It was quite common in recent months that somebody may have a fixed rate of, say, 6.7%. The variable rate may have been 6.5% (Cheaper monthly payments), but some people prefer the certainty of knowing what their payments will be. For many people, being on a variable rate at the moment may be the best thing...
Master Fox Posted 17 September 2008 Posted 17 September 2008 Why, it's the bank that would go bust, not you... I don't have a clue about liquidation law but I don't see why the debt would be written off. Like mortgages it would be sold to a third party or collected by the liquidator themself. Yeah i suppose. Would be nice though. I got a little excited for second there.
Ric Flair Posted 17 September 2008 Posted 17 September 2008 I was mainly refering to the mortgage rates that you as a customer might apply for on the open market. For example, Nationwide have put their rates up and down no less than 9 times in the last 6 months. However, their variable rate (Probably what you are on, but with another lender) Has remained at 6.49% since March. It was quite common in recent months that somebody may have a fixed rate of, say, 6.7%. The variable rate may have been 6.5% (Cheaper monthly payments), but some people prefer the certainty of knowing what their payments will be. For many people, being on a variable rate at the moment may be the best thing... My variable is at about 5.00/5.25% at the minute, i'm very happy with it. I couldn't afford for it to go up much past 6% without me smoking the joint.
surrifox Posted 17 September 2008 Posted 17 September 2008 Dumping Halifax shares and withdrawing deposits just hands millions to the speculators shorting the company's stock, keep your nerve and let the bastards get their fingers burned
Master Fox Posted 17 September 2008 Posted 17 September 2008 Would a complete financial meltdown to the global economy bring total all out anarchy to society? Survival of the fittest and all that?
Tabou Posted 17 September 2008 Posted 17 September 2008 My variable is at about 5.00/5.25% at the minute, i'm very happy with it. I couldn't afford for it to go up much past 6% without me smoking the joint. You are very very very lucky. It would seem that you have just reverted to the BBR (Bank of England Base Rate). I feel sorry for Northern Rock customers, the ones who borrowed 100%+ of the value of the property. They revert to nearly 8% for the mortgage, and 15.49% for the unsecured element of the loan!!! And as they are no doubt in negative equity due to the housing market, they have 2 options. Shut up or put up (for sale )!!! Would a complete financial meltdown to the global economy bring total all out anarchy to society? Survival of the fittest and all that? You mean, like Shaun of the Dead?
Master Fox Posted 17 September 2008 Posted 17 September 2008 You mean, like Shaun of the Dead? Erm, sort of? I'm sure there is a better example.
Dr The Singh Posted 17 September 2008 Posted 17 September 2008 You are very very very lucky. It would seem that you have just reverted to the BBR (Bank of England Base Rate). I feel sorry for Northern Rock customers, the ones who borrowed 100%+ of the value of the property. They revert to nearly 8% for the mortgage, and 15.49% for the unsecured element of the loan!!! And as they are no doubt in negative equity due to the housing market, they have 2 options. Shut up or put up (for sale )!!! You mean, like Shaun of the Dead? I think he meant like a Miss World or Wet T-Shirt contest!! Being a mortgage holder etc, and my job isn't too secure I am abit worried, let's hope this will be the end of it and everything can get back to 'normal'!!
The People's Hero Posted 17 September 2008 Posted 17 September 2008 Rumours of more insurance companies in a spot of bother. This is all quite exciting. (But very sad for those who get fu cked over).
Master Fox Posted 17 September 2008 Posted 17 September 2008 If I were rich, i wouldn't be worried by any of this. The revolution is near.
Tabou Posted 17 September 2008 Posted 17 September 2008 Rumours of more insurance companies in a spot of bother.This is all quite exciting. (But very sad for those who get fu cked over).
Master Fox Posted 17 September 2008 Posted 17 September 2008 I know what i was thinking of now. Fight Club.
Tabou Posted 17 September 2008 Posted 17 September 2008 Let's hope this will be the end of it and everything can get back to 'normal'!! I wish this were true. In reality, I think it will be 2009/2010 before we see 'Normality'.
James. Posted 17 September 2008 Posted 17 September 2008 I know what i was thinking of now. Fight Club. It's pretty much exactly like that. Would you like a fight?
Master Fox Posted 17 September 2008 Posted 17 September 2008 It's pretty much exactly like that.Would you like a fight? Bring it on.
Tabou Posted 17 September 2008 Posted 17 September 2008 Money doesn't talk.It swears. This is how I imagine you to look at work.
Master Fox Posted 17 September 2008 Posted 17 September 2008 This is how I imagine you to look at work. Why would he be holding a wedge of bucks?
Tabou Posted 17 September 2008 Posted 17 September 2008 Why would he be holding a wedge of bucks? Because he :- a) Works in America b) Works in foreign Currency. or c) I didn't do my research before posting.
Bellend Sebastian Posted 17 September 2008 Posted 17 September 2008 I know what i was thinking of now. Fight Club. I think it would be more Mad Max (but not the Tina Turner one)
Master Fox Posted 17 September 2008 Posted 17 September 2008 I think it would be more Mad Max (but not the Tina Turner one) I was thinking more Waterworld. I just want to have webbed feet, and be able to swim really fast like a dolphin.
Dr The Singh Posted 17 September 2008 Posted 17 September 2008 I think it would be more Mad Max (but not the Tina Turner one) I was thinking The Turbanator, mixed with Mad Max Singh!!!
hairy Posted 17 September 2008 Posted 17 September 2008 I wonder what all of this financial termoil will bring to football. People have less disposable income -> people cutting back on 'luxury' items such as football tickets -> less money for clubs -> less money for players and wages etc etc etc The football supporter the English Leagues want and have now compared to 20 years ago are more likely to cut back on football purchases when money gets tight. What do you reckon?
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