How much

[TeaBiscuit]

I will be ecstatic to see interest rates up to 15% again

I wouldn't, many people will lose their homes.

 

[engelside]

I wouldn't, many people will lose their homes.

I agree.

We are now in the fortunate position of being mortgage free.

I would be very sad to see younger people put in the impossible position that higher interest rates would bring.

 

[The Wino]

I will be ecstatic to see interest rates up to 15% again

It depends on inflation. I suspect if interest rates reach 15% inflation could well have reached 20% at least. As we are going to be living off our savings for the rest of our lives I don't fancy losing 5% a year in real terms just to have the pleasure of seeing the numbers increase on the bank statement. I remember the pictures of people with wheelbarrows of money in Germany when they had hyperinflation did they really think great I've got loads of money.

 

[Peregrinator]

Just seen on auto trader, Carthago whoosh bang 2021, 2,500 miles and yours for only 5 pounds short of £88,000 pounds. I suppose somebody will pay it, obviously still very much a sellers market. Will be hanging on to our A class for a while longer it seems.
James

?

 

[Peregrinator]

Just had a week in Padstow, site just about empty. Now in Lyme Regis, site just about empty. What’s going on?

How much a night with EHP?

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[Nirvanauk]

No EHU required so can’t help but the EHU pitches were crammed in and had no view.

 

[Peregrinator]

Ok, How much a night?

 

[GMLS]

I will be ecstatic to see interest rates up to 15% again

Thankfully I haven't seen projections anywhere near that.There would be carnage.

 

[nicholsong]

Thankfully I haven't seen projections anywhere near that.There would be carnage.

I owned a property, flat in Barnes SW London, at the time and was paying £1,000pcm in mortgage, and market was falling.

Fortunately I got out for my purchase price, because we 6 flat owners having bought the freehold in the meantime.

I stayed out of the market for a few years but got in again and have done well since.

Being single is being nimble.

 

[bobnick]

My point was when the SAVINGS interest rate was last at15% we had nowt saved. Today having a few coppers in savings it would be nice to get a decent return on them...........................(of course apart from other investments that are pretty crap).

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[Cosmicyoyo]

I agree with most of what you say Tam but I hadn’t been up North in Scotland since the back end of 2019 and was astounded how many vans are knocking about up there in April/May.

Isle of skye all sites full and free parking really busy, spoke to site owner and he says unusual busy!