Mortgage Brokers

[STEMO]

Come on up to Barnsley, Tunnie. You'd probably get a castle up here and, with the money you saved, you could buy a small helicopter for your commute. 

[Field Marshal Dr. Opti]

Come on up to Barnsley, Tunnie. You'd probably get a castle up here and, with the money you saved, you could buy a small helicopter for your commute. 

You and Tunnie could live next door to one another. I'm sure Mr Tunnie would find this tempting.

[Andy B]

Younger lads at work talk about their £100/150k mortgages e.g. amount borrowed & monthly payments. Some of their payments aren't  much different from what I was paying late 80s/early 90s on a £22500 mortgage ..... but that was back when interest rates were up to 15%. For their sake, I hope interest rates never get anything like that again.

[tunnie]

Love to live up north or in Wales, especially when I see the size house I could buy. 

But then again, cheaper for a reason, salaries less up there, it's all relative.

[Doctor Gollum]

Ideally you want 15 year fixed with the repayment no more than 25% of your net household income.

Good luck with that this side of Inverness 

Brokers have access to the bulk of the playing field, so well worth an ask

[Andy B]

Love to live up north or in Wales, especially when I see the size house I could buy. 

But then again, cheaper for a reason, salaries less up there, it's all relative.

When Heinz closed a plant in Harlesden they were given the option of taking redundancy or taking a job up in Wigan. Quite a few upped sticks & moved up north. By the time they'd got expenses & sold their houses down south they could afford some pretty decent sized houses up here.

[tunnie]

Love to live up north or in Wales, especially when I see the size house I could buy. 

But then again, cheaper for a reason, salaries less up there, it's all relative.

When Heinz closed a plant in Harlesden they were given the option of taking redundancy or taking a job up in Wigan. Quite a few upped sticks & moved up north. By the time they'd got expenses & sold their houses down south they could afford some pretty decent sized houses up here.

Sounds like they were offered a good deal 

Sky has joined the "Northern Powerhouse" government BS, we have some new fancy offices called @LeedsDock.

Number of teams were affected, some close to me, some of my counter parts were offered jobs up there. But they were not covering expenses, they would also get a pay cut.

Unsurprisingly, not one single person moved up there from teams I know. As a result those teams now take longer to burn through the work 

[Terbs]

Best day ever, when the last mortgage payment went in. Now we have put in an offer on a bigger house in Brackley, for £100,000 less than I am selling mine. Can't be bad. Mind you, wondering what the insurance will be to cover flying objects !!!!!
Oh the joys of retirement

[Shackeng]

The only advice from experience I would give Tunnie, is go for the biggest payment/house you can afford, as even with lowish inflation, assuming level interest rates (which I know is nonsense) within a few years you are paying less in real terms, so can either afford higher payments, or live better!

[TheBoy]

We could look to downsize later, in around 15-20 years, therefore reducing mortgage. When we don't need such a big house....

You can tell that lie to yourself, but reality is you will have collected too much crap to downsize.


Oh, and put your knackers between 2 bricks, before it happens again

[TheBoy]

Best day ever, when the last mortgage payment went in. Now we have put in an offer on a bigger house in Brackley, for £100,000 less than I am selling mine.

We don't want "your sort" round here terbs, the sheep are all spoken for

Can't be bad. Mind you, wondering what the insurance will be to cover flying objects !!!!!

Cough!



Where you hoping to move to, the 1980s bit you looked at before?

[Kevin Wood]

We could look to downsize later, in around 15-20 years, therefore reducing mortgage. When we don't need such a big house....

You can tell that lie to yourself, but reality is you will have collected too much crap to downsize have umpteen grandchildren descending on you to stay all the rather time.


Oh, and put your knackers between 2 bricks, before it happens again

Amen to that.

[henryd]

Younger lads at work talk about their £100/150k mortgages e.g. amount borrowed & monthly payments. Some of their payments aren't  much different from what I was paying late 80s/early 90s on a £22500 mortgage ..... but that was back when interest rates were up to 15%. For their sake, I hope interest rates never get anything like that again.

I remember that time,my mortgage doubled in what seemed like months

[Sir Tigger KC]

Spare a thought for people with mortgages in Argentina where interest rates have gone up to 40%! 

http://www.bbc.co.uk/news/business-44001450

[Field Marshal Dr. Opti]

Younger lads at work talk about their £100/150k mortgages e.g. amount borrowed & monthly payments. Some of their payments aren't  much different from what I was paying late 80s/early 90s on a £22500 mortgage ..... but that was back when interest rates were up to 15%. For their sake, I hope interest rates never get anything like that again.

I remember that time,my mortgage doubled in what seemed like months

I actually paid 16.5% for the first year because I took out a 100% mortgage which came with a penalty of 1.5% for 12 months.

I used the deposit to buy a new Yamaha FJ1200. .......being sensible was never my strong point.