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Steph Foxwell
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Comments by "Steph Foxwell" (@stephfoxwell4620) on "Claire Pearsall reacts to the Daily Mirror article: 'Mortgages set to hit a 20-year high.'" video.
Well yesterday two year fixes hit 6.15%. That is the highest since 1999 when they averaged 5.85%.
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Base rate hit 17% in 1980. And briefly in 1992.
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Both times. House prices always rise more under Labour. And since 1945 Labour had five budget surpluses to the Tories' two. Despite only being in power half as long.
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Two questions. When? How?
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MIRAS was introduced in March 1983.
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Until Covid ,death rate was even lower than birth rate.
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Come off it. Since 2008 they printed £900 billion and borrowed £1,800 billion. You've had plenty. House prices are up 75%.
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Think about what? If your house has gone up from say £300,000 in 2008 to £525,000 today ,what is your beef about deposit accounts?
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Thanks Colin. Yes. It occured to me that there was relief in place by the late 70s.
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Guardian, Gay issues correspondent. 29 year old former London Young Labour leader.
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I know.
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Yes. Remortgages up to 50%LTV are usually cheap ways to borrow. Can take two to three weeks to access the money.
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