boe rate cut..............

dickieducati · 04-Aug-2005, 12:57

12:00 *BANK OF ENGLAND CUTS BENCHMARK RATE 1/4 POINT TO 4.5%

more money for bling.

antonye · 04-Aug-2005, 13:00

Marketing have been going mad this morning, waiting to send out press releases. Shame it wasn't a 1/2, but every little helps.

chicken · 04-Aug-2005, 13:27

posted at 11:57 Dickie? Are you sure you are not trading on insider information?

To get the most advantage of the cut you have to have a whopping mortgage. Put another way, I'm marginally less poor than I was an hour ago.:P

domski · 04-Aug-2005, 14:18

...and I'm poorer!!

(just spent £9 on a tyre gauge)

If only I could afford a house

YMFB · 04-Aug-2005, 19:24

Im sure that the building societies have already decided to reduce their existing customers motgage rates in about two months time, by which time with any luck BOE will have already started thinking about cutting another 1/4% . It needs to come down stacks more so I can reduce my collection of credit card debt and start investing in Carbon fibre and termis

rcgbob44 · 05-Aug-2005, 09:37

We need the BOR to go up....................way up!

Gizmo · 05-Aug-2005, 09:53

Quote:

Originally posted by YMFB
. It needs to come down stacks more so I can reduce my collection of credit card debt and start investing in Carbon fibre and termis

But then the pound drops against £ , €, Tawian Dollar so the parts you want cost more, carbon and titanium tradings a tricky market

antonye · 05-Aug-2005, 10:16

Quote:

Originally posted by YMFB
Im sure that the building societies have already decided to reduce their existing customers motgage rates in about two months time, by which time with any luck BOE will have already started thinking about cutting another 1/4% .

You need a decent mortgage - mine dropped at midnight last night to reflect the new rate change

YMFB · 05-Aug-2005, 15:16

dont you hate that ! that is some smug whatsit already cashing in on the bank of englands generosity. Im off to find a new mortgage lets hope its as easy as getting my bike insured at Ducati Insurance - do they do mortgages

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04-Aug-2005, 12:57	#1
dickieducati Registered Forum User BSB Star Posts: 5,018 Join Date: Jun 2003 Location: Chelmsford, Essex Mood: the rain in spain falls mainly on me! boe rate cut.............. 12:00 *BANK OF ENGLAND CUTS BENCHMARK RATE 1/4 POINT TO 4.5% more money for bling. Reply

04-Aug-2005, 13:00	#2
antonye Administrator Webteam MotoGP God Bikes: 748S, HM1100S, V4SP, Was: DD-A #111 Posts: 13,080 Join Date: Feb 2002 Location: Back in Essex Mood: Passion Killer Marketing have been going mad this morning, waiting to send out press releases. Shame it wasn't a 1/2, but every little helps. Reply

04-Aug-2005, 13:27	#3
chicken Registered Forum User Big Twin Posts: 1,670 Join Date: Dec 2003 Location: Brick Lane Curry House Mood: suck, squeeze, bang,......fart? posted at 11:57 Dickie? Are you sure you are not trading on insider information? To get the most advantage of the cut you have to have a whopping mortgage. Put another way, I'm marginally less poor than I was an hour ago.:P Reply

04-Aug-2005, 14:18	#4
domski DSC Club Member WSB Hero Posts: 9,994 Join Date: Jan 2005 Location: Devon ...and I'm poorer!! (just spent £9 on a tyre gauge) If only I could afford a house Reply

05-Aug-2005, 09:37	#6
rcgbob44 Registered Forum User BSB Star Bikes: 998s, Jota, KTM 690 Duke Posts: 5,990 Join Date: May 2003 Location: Coulsdon, Surrey...........and hopefully Germany at some point in the future. Mood: My Jota goes rumpety rump! & I have my wife exactly where she wants me! We need the BOR to go up....................way up! Reply

05-Aug-2005, 15:16	#9
YMFB Registered Forum User Ducati Meccanica Bikes: R1200RT F800GS. Hopefully another Ducati soon Posts: 2,526 Join Date: Apr 2005 Location: Salisbury dont you hate that ! that is some smug whatsit already cashing in on the bank of englands generosity. Im off to find a new mortgage lets hope its as easy as getting my bike insured at Ducati Insurance - do they do mortgages Reply