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  1. Uncle C

    [News] Some better news at last

    Kosh If you'd like a bit of sympathy. perhaps you would be honest enough to tell us what your house is worth and what outstanding mortgage you have.
  2. Uncle C

    [News] Some better news at last

    Most of you choose to ignore my point about mortgages so you can get on your high horse and prove how righteous you are. In summary, most home owners facing mortgage increases have massive amounts of collateral (profit) locked up in their property. They are actually very fortunate and need to...
  3. Uncle C

    [News] Some better news at last

    A mess you and your ilk have contributed to and authored... by doing nothing except hording wealth and sitting like Smaug on top of your (hard earned) pile of riches. I don't purport to be anything other than a hard-working normal man, but BOY do you come across like a boorish know all...
  4. Uncle C

    [News] Some better news at last

    I wasn't arguing, just illustrating the reality for millions of families... most of whom will have seen only a slight increase in equity. Now you're just inventing stats to try and win a lost argument. The number showing less than 10% increase in the value of their property will be small...
  5. Uncle C

    [News] Some better news at last

    This won't change no matter how hard I work, no matter how much I deserve it... Stange how this generation seems more entitled than previous generations. Try for instance an interest rate of 17% in the late seventies. 3% is f--- all
  6. Uncle C

    [News] Some better news at last

    but putting up a thread claiming this interest rate rise is 'good news' is questionable at best... it's simply not good news for the vast majority of people currently keeping the country working Try comparing 1.8 million people with mortgages against 30 million savers. Surely your maths can...
  7. Uncle C

    [News] Some better news at last

    One - that example I chose to give us the tip of the iceberg and you know it. OK so you lost that argument so let's try another Two - having a house worth more than it was doesn’t help normal people increase monthly cash flow to meet an increased mortgage rate.. These people are Capital rich...
  8. Uncle C

    [News] Some better news at last

    Hang on a minute. Those people coming off fixed rate mortgages will probably have owned their property for several years. With many of these people, they have spent those years boasting about how much their property has increased in price - from several thousands, through tens of thousands to...
  9. Uncle C

    [News] Some better news at last

    So if it's useless perhaps you should give it to a poor person.
  10. Uncle C

    [News] Some better news at last

    I am sick of watching the news broadcasts selecting every bit of negative news. This does nothing for mental wellbeing, so let's rejoice in a bit of good news for a change
  11. Uncle C

    [News] Some better news at last

    About 30 million people will be getting more interest on their savings.
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