my mortgage is going down to £515 a month from £650 a month, im well chuffed at that

 

looks like this year i will have a nice christmass, wuwhooooooo!!!!!!

Nice, thats £135.00...... WOOOOOHOOOO

 

not bad at all........

 

Loads of beer in the fridge now and a few little bits for the Zed ;)

will stick to the beer lol, the zed is last on the list ATM lol

thats a good saving £135 can buy alot of beers

probably spend that tonite through sheilds lol

that's a good saving dude. Mine hasn't come down yet they haven't changed thier rate w####rs

mine has come down from 675 to 620 and will drop again next month not much but every little helps

your drop next month will be quite a lot, mine dropped slightly and the big drop is in december

I took out my motgage last December and was paying around £1260 a month, with all the drops, it's now only £863. Cha-ching!!!!!

mine's just dropped... by £18... mmm

Mine has dropped from £438 to £418 but as mine is an offset I've just increased it to £1000

Mines been slowly dropping over the past few months. Its now dropped another £160 for December :):hyper::D

its come down again to £450, am well chuffed

this is s##t http://www.google.com/hostednews/ukpress/article/ALeqM5gCDvGwi-xUUpuiMF4Ce5ymWhr7bQ

well, im paying what they are asking for

wow...wish I still had a mortgage now. I was paying £1100 a month before I sold up.

Just got the letter through today for my adjustment, now down to £748 that's a drop of over £500 per month in just one year.

cool, hope it dont all end in tears by going through the roof in a years time lol

cool, hope it dont all end in tears by going through the roof in a years time lol

 

over 14% interest rates just 15 odd years ago

yup, so ive heard, dont want that lol

Pay the extra now while you can boys and re-coup the rewards later!! I'd be overpaying while you have the chance! I saw my parents struggle and my old man lose his business and have to put 50k on his mortgage in the last recession so i've seen what it can do when interest rates hit 18% on a business overdraft... My main mortgage i've just upped the payment another £50 taking it to £1250 a month now and i'm fixed at 5% on that one till the end of feb! The extra £50 though will save me £18k overall in the time remaining on teh mortgage(21 years!!). I'm also in the privelidged position that i have a buy to let as house well and i'm overpaying £150 a month on that one now too as the rates have dropped.....so i'd be paying every extra you can off it not taking the money out!...Even if it's £10 a month which is less than the cost of 2 cans of stella a week it'll save a big chunk of interest in the longer term and stop the banks earning too much out of you!!

Edited December 22, 200816 yr by TubZ

I was advised two years ago by several financial advisers to fix my rate a least for five years even ten. Me being clever i went for the five year option ;) I was paying £1300 i'm now paying £1300 :headvswal:headvswal:smash: And they want over £4000 to get out of my fixed rate :xxx:

yep its coming down for some borrowers...a pal told me on friday his had dropped from £2500 to £1200 pm in the last 3 months....beers are on him this xmas :)

fookin ell, its down to £390 now, gonna use the extra to pay the loan of quicker that ourlas has just got for her car, we took it over a year, hoping to get it payed within 6 months wuwhooooooooo