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Britains Face Up To £5,000 A Year Rise On Mortgages Under Tories.

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gulliver1 | 10:51 Tue 27th Jun 2023 | News
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As Labour leap ahead to extend their Huge Poll Lead. Britain's Mortgage holders are facing a devastating spike in re-payments that will eclipse even the energy bills.Tory MPs are getting worried that the mortgage time bomb will cost them their seats at the Election. Many voters in the blue wall will face a increase in their mortgages up to £5,000 a year. As Keir Starmer enjoys another surge in the polls in support from anxious Homeowners.
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Probably not but he claims to be one.

Yes it was good but very noisy. Too many youngers there this time.
He calls Boris a liar as well, you gotta laugh :0)))

Ah sorry to hear that, Benidorm is becoming a hotspot for hen and stag party’s I suspect
They have always gone there but this time young teenagers. Wife is looking to go away somewhere a bit quieter now in a month or so. I offered her ourgate or remainyear but she wasn't keen lol.
Go further up in the CDS to somewhere like Mijas Pueblo or Nerja ?
Thanks will look at them, I do like the CDS and like Torremolinos.
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Sorry to hear that Lanzarote is becoming a hotspot for,
.... Biddy Party's
After the 2008 banking crisis, there was a clear disconnect between mortgage rates and the Bank of England base rate. Although the bank rate was at or close to zero, mortgage rates were many points above this.

One of my colleagues was lucky enough to have a mortgage deal at 0.5% above base rate (which the building society honoured) – it’s only now that the bank has increased the base rate significantly that it has fed through to mortgage rates (albeit to late).
That’s only since Brexit though Gulliver, how has Brexit changed where you live?
gulliver1 are you a labourite or just a non tory because i hate to break it to you but theyre the same snake just different colours
//Go further up in the CDS to somewhere like Mijas Pueblo or Nerja ?//
A brilliant local family run restaurant about 3 miles inland up in the mountains from Nerja
Outside dining and a swimming pool to cool down between courses. :-)
That’s us Sept 1 Retro
I wonder if gulliver has heard led the ratesxscross the EU and test of the world.the UK based rate is 5% EUs is 4 %... hardly earth shattering diffrence
Other parties have no magic formula solution. Interest rates have been ludicrously low for ages. Folk who decided to take a risk and over-borrow near free money knew a correction had to come sometime, so have only themselves to hold responsible for any predicament they now find themselves in. If there is any alleviation in their situation at all, they should be very grateful.
Re the OP -Look at his childish and immature replies on this post...

The interest rate in Pakistan has risen to 22% to try to curb inflation.....are they Tory led and when did they leave the EU??
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Ryzen 17.15 I am not sure if the interest Rates in Pakistan would really affect many Brits and I think it would be a little difficult for them to join the ......"European Union" What do you think

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