Comments by "jjeffery worboys" (@jjefferyworboys8138) on "Neil McCoy-Ward" channel.

  1. Well done, keep doing it. Being mortgage free is wonderful feeling.
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  2. When a lender offers a fixed rate loan it has gone to the money markets and borrowed a tranche of money at a certain rate of interest. It on lends it at a margin. The margin is its profit. Thats why they had penalties if you wanted to repay early, to make up for the loss of its profit.
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  3. No one cares when businesses lose money ?
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  4. Me too, if like me you are of the boomer generation, apparently we had it easy !
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  5. Very unlikely other than regional fluctuations. I have been doing this a very long time and 2 most important factors are "Supply and Demand" and the Cost of Borrowing (interest rates). There is a shortage of housing stock and interest rates are historically low and likely to remain so. That's really all you need to know. Despite the doom and gloom expressed by the so called experts, prices increased on average ^% in 2020. Covid was actually very good for the housing market.
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  6. Thats 6%.
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  7. Unlikely and too few to make a difference.
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  8. What party do you think it would hurt the most ? This would mean only rich people could be MP's, who else could afford it ?
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  9.  @jimbobaggans1564  Do you ever look further than the end of your nose ? This would mean only rich people could be MP's, who else could afford it ?
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  10. Its rather ironic that a wealthy Democrat president is introducing policies that will hurt ordinary people.
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  11. Supply and Demand and the Cost of Borrowing (interest rates), that's all you need to know.
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  12. Lots of opportunities and money to be made in recessions. Just love a desperate seller !
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  13.  @polakmay5308  It's obscene and is a tax on success, perhaps that why clever people take steps to avoid it or at worse mitigate it as much as possible.
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