Hi Tom
We chose the wrong banking package for our investment loan & are paying around 6.6%.
I am self employed and even though we had a quid or two, dealing with the banks was an absolute pain.
Also, I am old enough to remember the 17% rates of the late 1980's (some lucky ones with mainstream banks were protected and locked at 14% - they were the lucky ones!!). If we get back there even I am prepared to concede the blood will flow.
I was very good at cooking 1 minute noodles back then as they were the staple diet for a few years - I still feel sick when I walk past them in the supermarket!!!!
It was worth it though so my ex wife could walk away with most of the proceeds :) ........:(
This generation of interest rates are a walk in the park :)
all the very best
- Forums
- Property
- one way to look at it
Hi TomWe chose the wrong banking package for our investment loan...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online