Melville
Member
Registered: 4th Jun 03
Location: Newcastle upon Tyne
User status: Offline
|
Couldn't spot an existing topic 
Knee jerk reaction would suggest that the panicers might sell as the red tops spout out the usual crap, this time however it made the front pages. Its also been on the news where I saw one woman say that she had been on the phone to the estate agency minutes after the increase as she wouldnt be able to afford the repayments.
I think we might have reached the peak but its so difficult to tell really, they might keep on going up? I dont think there will be a crash as such but I think there will be a static good few years.
|
topshot_2k
Banned
Registered: 1st Dec 03
Location: Northampton Drives: Pug GTi-6
User status: Offline
|
i think it will effect people who took out silly mortgages and didnt plan for extra costs. wait till the budget when other bills/tax goes up
|
John_C
Member
Registered: 5th Mar 03
Location: South east, Bromley
User status: Offline
|
will only really affect ppl on variable rate mortgages or ppl coming to the end of their fix rate. I think rates will have to stay this high for the rest of the year.
Can't see there being a crash as supply is still limited
|
