Mortgage v Energy costs-who would have thought?

  MaxUpload 08:21 26 Feb 2009
Locked

My mortgage provider informed me today that it was [gratefully] passing on the full benefit of the latest interest rate reduction.

Who would have believed it - I am now paying more for my energy than I am in mortgage repayments!

  Grey Goo 10:05 26 Feb 2009

Make the most of it, I fear the reverse will be a reality in the future.

  Noldi 12:08 26 Feb 2009

My Wifes council tax bill is higher than our mortgage (just fixed it to the end). Mind you I get to have grass spread all over the pavement outside our house and my bin emptied if I put it out beside the road. I think the pot holes in the pavement are free.

Noldi

  newman35 16:07 26 Feb 2009

Me too.
My savings interest will soon be less than the postage on the bill if things carry on!!

  Forum Editor 17:43 26 Feb 2009

will rise again, as will fuel bills, so make the most of it if you're a borrower with cold feet.

If you're a saver it looks like being the proverbial annus horribilis.

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