carney has said it could be this month or next

carney needs to go

hes out in march

good

fucking rate cuts

honestly

it will most likely go back to 0.5 but only for a few months.. just my speculation

depends how uncertain stuff gets with the EU deal

Im sure the EU will try to "talk tough"

i have 7 years left of fixed rate - i'd be quite happy with high inflation and high interest rates for a while

I got 3

but increase base rates dont necessarily mean remortgage rates will go up..

does if they ended up at ~5%

when the base rate went to 0.75... the mortgage rates on average went down since I got mine when base rates were 0.5

competition will still be a factor

but base rate change is reactionary...

at the moment the changes in interest rates are within margins

so its likely that eventually it will follow... but in the few years after base rate hikes mortgages could go down before they go back up

see when I got my mortgage when rates where 0.5% ... my mortgage was 1.79% ... just looked now (with rates at 0.75%) 2yrs later... and that same mortgage is now 1.54%

but they made a mistake when they did my mortgage.. and accidentally forgot to charge me the mortgage fee... so I saved about 650 quid 😛

i could probably save money by switching up mortgages, but just not worth the hassle

isnt there a fee if you break it early?

yes, that's why it's not really worth the hassle

Depends on the mortgage but usually, though if you're getting a better interest rate its usually worth it especially earlier on in the mortgage

ooo ... hsbc got rid of their mortgage calculators :/

Ouch, anyone found anything better than the Santander 123 now they're cutting the interest again?

not been looking

pretty much acknowledged you don't get interest on savings accounts now

i saw something the other day that basically said santander 123 is on the brink of going under

Yeah, it's been like that for a good few years now, that's why I kept everything in the 123 when the top rate was 3%

Yeah, they're keeping the monthly fee at £5 but capping the cashback at £5 per rate, and dropping the interest from 1.5% to 1%

Initially it was 1% up to ~2k, 2% up to ~5k then 3% up to 20k

I got a 90-day streak on duolingo

I love how Meghan thought she was getting her childhood princess dreams and then she met the Queen, who turned that dream on it's head and now she wants nothing to do with it. <:pepelaugh:544857300179877898> <:pepegun:588019479401726001>

https://twitter.com/britainelects/status/1217520335479824384

<:poggers:583775485620781087>

https://twitter.com/tsh2/status/1217520563872288769

russia must be loving the fact that basically everyone is working for the russians... labour... tories... libdem...

You'd think with all this power and influence Russia would have taken over the world by now

Or at least Europe

the soviet empire rises again