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-   -   Rising cost of living (https://www.cableforum.uk/board/showthread.php?t=33710461)

Damien 05-10-2022 11:42
Re: Rising cost of living
 
Quote:
Originally Posted by Chris (Post 36136044)
You were - January was when mortgage rates started climbing, albeit slowly at first. We were kicking ourselves for not arranging ours 3-4 weeks earlier, though it’s all relative now.
Yup the BoE first raised the base rate as the application was on-going in late December. Thankfully the mortgage application was done absurdly fast, a matter of days, so it was locked in even though I didn't complete until March.

Chris 05-10-2022 12:14
Re: Rising cost of living
 
BBC now discussing the typical 2-year fix on Politics Live, saying it is now 6.07%.

OLD BOY 05-10-2022 16:36
Re: Rising cost of living
 
Yes, it’s now at 2008 levels, when Labour were in charge.

Chris 05-10-2022 16:42
Re: Rising cost of living
 
Quote:
Originally Posted by OLD BOY (Post 36136064)
Yes, it’s now at 2008 levels, when Labour were in charge.
What is - the average rate available for a 2-year fix? I’d appreciate a link to that data set if you have one.

Hugh 05-10-2022 16:52
Re: Rising cost of living
 
Quote:
Originally Posted by Chris (Post 36136065)
What is - the average rate available for a 2-year fix? I’d appreciate a link to that data set if you have one.
It’s probably relevant to point out that whilst average house prices have increased by 60% since 2008, average wages have increased by 20%, so that’s a variable in the "affordability" formula that should be taken into consideration…

Sephiroth 05-10-2022 16:59
Re: Rising cost of living
 
Quote:
Originally Posted by OLD BOY (Post 36136064)
Yes, it’s now at 2008 levels, when Labour were in charge.

And that's very bad. What's your point? I thought you were a Conservative supporter, OB?

I'm a true Conservative and since 2015, omnishambles doesn't cover it.

Hugh 05-10-2022 18:56
Re: Rising cost of living
 
Quote:
Originally Posted by OLD BOY (Post 36136064)
Yes, it’s now at 2008 levels, when Labour were in charge.
But nowhere near the 15% of July 1980, or the 15.25% of October 1990, so I’m not sure what your point is?

mrmistoffelees 06-10-2022 10:21
Re: Rising cost of living
 
Quote:
Originally Posted by Hugh (Post 36136080)
But nowhere near the 15% of July 1980, or the 15.25% of October 1990, so I’m not sure what your point is?
Desperate deflection & blind infatuation, think Truss but with a singular sock

1andrew1 06-10-2022 10:34
Re: Rising cost of living
 
Quote:
Originally Posted by Sephiroth (Post 36136073)

And that's very bad. What's your point? I thought you were a Conservative supporter, OB?

I'm a true Conservative and since 2015, omnishambles doesn't cover it.
Old Boy is saying we're in the same position as we were during the Global Financial Crisis, but self-induced. Not really the kind of endorsement for Trussonomics she might have hoped for!

Taf 06-10-2022 10:49
Re: Rising cost of living
 
Quote:
Asda has announced a range of new ‘winter warmer’ initiatives to support customers and community groups struggling with the cost-of-living crisis - including offering those aged 60 and over soup, a roll and unlimited tea and coffees for £1 in any of its 205 cafes all day and every day throughout November and December.
https://www.walesonline.co.uk/news/c...mited-25190530

Although I applaud this help, I fear the cafés will be full most days, making it impossible for other customers to get food or drinks.

Sephiroth 06-10-2022 10:55
Re: Rising cost of living
 
Quote:
Originally Posted by Taf (Post 36136121)
https://www.walesonline.co.uk/news/c...mited-25190530

Although I applaud this help, I fear the cafés will be full most days, making it impossible for other customers to get food or drinks.
I might even venture into the local ASDA (Lower Early) and look for OB! Normally I wouldn't want to be seen there! I look forward to a similar initiative from Waitrose, Wokingham who do the best bacon buttie.

Chris 06-10-2022 11:10
Re: Rising cost of living
 
Quote:
Originally Posted by Taf (Post 36136121)
https://www.walesonline.co.uk/news/c...mited-25190530

Although I applaud this help, I fear the cafés will be full most days, making it impossible for other customers to get food or drinks.
As with buses, so too Asda. Please give up your seat if required by someone in greater need. :shrug:

Jaymoss 06-10-2022 12:15
Re: Rising cost of living
 
Unlimited data sim a laptop and Netflix the silver surfers could spend the day their binging

Taf 06-10-2022 12:52
Re: Rising cost of living
 
Quote:
Originally Posted by Jaymoss (Post 36136136)
Unlimited data sim a laptop and Netflix the silver surfers could spend the day their binging
There will be long queues for the loos too.

Jaymoss 06-10-2022 12:59
Re: Rising cost of living
 
Quote:
Originally Posted by Taf (Post 36136140)
There will be long queues for the loos too.
they could take their own commode hahaha


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