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  2. Agree…..it the game not the players. When I take over the world would change the game though 😉
  3. Today
  4. I may of mentioned once or twice that I think we’ve started the bullrun…
  5. Many years ago he had the nickname Turd Fergusson. I still get his TF metals report emails every Saturday morning, never read them these days perhaps I should unsubscribe
  6. Put it in a S&S iSA and get 3.2% and wait for a crash.
  7. I had a piss in a urinal next to Brian May, we said hello and I said "nice to meet you, but I am not shaking your fucking hand"
  8. They’ve had plenty of time to turn it round then and historically low interest rates to aid them.
  9. Funnily enough I watched this yesterday and Craig Hemke is pretty scathing about Newmont and Barrick.
  10. Mortgage 'prisoners' are a small subset of the much larger IO only mortgage lot, who are now reaching the end of thier term at a rapid rate. 99-07 - 75%+ of resi mortgages were IO.
  11. I gave up at the second sentence, ‘no fault of her own’. Ffs, didn’t she read the contract? I guess that’s a ‘no’
  12. Somebody's got a new set of crayons or summing? What justification is there for drawing that second turn? Kuz feelings? He may be right in the direction, but it won't be through such graffiti!
  13. "Auction" or that "modern method of auction" nonsense?
  14. "I've actually got a fair bit of equity, but it's not enough to buy another house, or even a flat, and I can't get another mortgage because my circumstances have changed and I will fail the affordability. "Eventually I will have to sell and go into rented accommodation. All I really wanted was something to leave my children and not going to have anything to leave them, and this is the situation so many mortgage prisoners are in." If she ends up a forced seller she might find that fair but if equity disappears.
  15. Sometimes, looking back on it, I think, 'why didn't I just sell the house?' But I don't want to sell it, I bought it because I love the house and wanted it to be our family home. I wanted it to be somewhere where the kids could come back with their kids and stay for the weekend." Wilson, who has been working less recently due to health reasons, says her 27-year-old daughter is paying rent to help with the repayments, and she feels like she is "burdening" her youngest. She's got a big surprise in 8 years, if she makes it that far.
  16. 'I took out a mortgage 17 years ago and owe £15,000 more than I borrowed' Amanda Wilson is one of around 200,000 'mortgage prisoners' stuck on sky-high rates through no fault of her own. https://uk.news.yahoo.com/mortgage-prisoners-debt-amanda-wilson-145751795.html A mother-of-three who took out a £335,000 mortgage in 2007 says she currently owes nearly £15,000 more than she borrowed, despite keeping up with her payments. Amanda Wilson, 59, is one of around 200,000 so-called "mortgage prisoners", who were prevented from switching providers or applying for more favourable rates due to the fallout of the 2007 financial crisis. When she bought her home with the now-collapsed Northern Rock in May 2007, she followed her brokers' advice and put down a 15% deposit for the home in Redhill, Surrey, valued at £395,000 at the time, leaving her with a mortgage of £335,750. ... It was an interest-only mortgage, at a rate of 5.2%, but Amanda says the general consensus at the time was that rates were going to come down. Sure enough, they did, with the Bank of England base rate falling to 3% in November 2008, and 0.5% in 2017. However, as a mortgage prisoner, Amanda had no way to take advantage of this and now finds herself in more even more debt. ... It was an interest-only mortgage, at a rate of 5.2%, but Amanda says the general consensus at the time was that rates were going to come down. Sure enough, they did, with the Bank of England base rate falling to 3% in November 2008, and 0.5% in 2017. However, as a mortgage prisoner, Amanda had no way to take advantage of this and now finds herself in more even more debt. .. At a time when the base rate was reaching historic lows, the lowest Wilson's rate ever went was 4.04%, and she says she's had 14 rate rises, the last of which, in August 2023, took her up to 9.29%. Amanda's payments went up from £1,200 per month to £2,700 per month in just over a year and a half. "The mortgage has just gone up and up and up," she said. "It was incredibly hard keeping up with the increases. I just don’t have the ability to pay extra." The self-employed beauty therapist also took a six-month payment holiday when she was left unable to work due to the COVID-19 pandemic, and over the Christmas period between 2010 and 2011, which was the last chance she had to have a holiday with her family. "It's been 17 years – all I've really done is work to pay the mortgage," she added.
  17. Ooh, ooh, can we guess? My money is on drummer.
  18. The Yorkshire BS is helping first time buyers with a new mortgage, what they are actually doing is helping themselves to more of first time buyers money with a 5.99% fixed rate. https://news.sky.com/story/first-time-buyers-mortgage-with-5-000-deposit-and-500k-limit-launched-but-there-are-some-restrictions-13102343
  19. And a PIP form. I came back from my Dorset trip early this week as the weather was absolutely awful, saw a few water mills and plenty of water. Also saw my first migrant hotel near Bournemouth sea front, they were all sitting in a covered bar/ dining area at the front near the pavement smoking shisha pipes all on their mobile phones. What a change from last year, back then everyone was talking about becoming a property investor, now it is like a soap opera episode that @DurhamBorn has wrote the script. Everyone claiming PIP, women in their 50s with kids now 20 who's benefits have obviously stopped, and they are claiming PIP for the kids who either are unable or unwilling to hold down a job. What a mess, it was fucking embarrassing.
  20. https://www.propertyreporter.co.uk/which-areas-of-the-uk-are-seeing-the-biggest-auction-buyer-discounts.html
  21. No need to worry. The politicians will just increase the retirement age again.
  22. Looks like it's Newmont Price Share to Gold, which is a retarded metric (very fitting for Tavi's profile, ngl). I don't know what sharecount Newmont had in the 90s but I do know they basically doubled their count in 2018 overnight to buy Goldcorp. Share price only matters if you're a holder. For long-time comparison purposes it's useless. Edit: looks like it was 0.2B in the early naughties, compared to 0.8B to now. And people dare to ask why mining stonks suck. https://companiesmarketcap.com/newmont/shares-outstanding/
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