Lloyds Banking Share Discussion Threads

[maxk] 10/3/2021 12:13

Is Min Megan in drag?

[minerve 2] 10/3/2021 12:07

The members of this thread would be a great replacement for Handforth Parish Council!

(Give authority or a voice to those who've never had it and are obviously not capable is a very dangerous thing)

ROFLMAO!

[pierre oreilly] 10/3/2021 12:03

Insurance for what?If rates rise over the 40years, then of course some will lose offset exactly by some who gain.The one with the fixed mortgage won't lose out, lloy won't lose since they'll fix the 40 year 1% cost, lloy will get the 4% income whatever due to gov guarantees. As usual, it'll be taxpayers who pick up the tab if rates go to 15% again due to the same gov guarantee.In other words, the working younger generation. Again.

[lefrene] 10/3/2021 11:58

I notice the Greensill collapse gets almost no media attention. How many more operators like Greensill are there out there? Essentially it was a debt factoring business to industry, it created and sold bonds based on the value of a businesses issued invoices. But their business was based on borrowing money from other sources and also riding upon a USA companies licence! A great wheeze until their lenders decided it was too risky. I guess the public will be picking up the tab as usual.

[pierre oreilly] 10/3/2021 11:30

Not only their youth for today's youth. It's their old age as well. I'm afraid to say today's 55+ are living the high life and passing the tab to our youth.The three point pension rise criterion should be the first to get the chop, before the youth start revolting.And reduce civil service, fire, police and others' unaffordable pensions.

[maxk] 10/3/2021 11:03

All the voyeurs and the lawyers who can move a fountain pen

and put you where they choose with the language that they use

and enslave you till you work your youth away




40 years hard labour, then pop off, there's a good chap

[minerve 2] 10/3/2021 11:00

Pierre

Best me more specific then Pierre. You know the chimps can eat your shallow stuff but some of us think a lot deeper.

"lay off the turps."

It doesn't suit you to drop to those sort of comments. It is out of your normal behaviour. Leave that to the morons. It just tells me I'm winning the argument.

☺️

[lefrene] 10/3/2021 10:50

Utricky, you seem to have forgotten those 14% building society bond holders (Bristol bs?) who got stuffed out. In the Weimar Republic episode mortgage payers suddenly found their mortgages re-based. But yes it's a good wheeze to help shift very over valued piles of bricks onto the shoulders of the young, provided nothing blows up it does allow long term financial planning. But how has our society created a situation where young families need a 40 year mortgage?

[utrickytrees] 10/3/2021 10:22

Scruff I'd have thought the whole point of a 40yr FR mortgage is that it's fixed for 40yrs....or am I missing something. More likely there will be an insurance premium paid by the customer to mitigate any interest rate rises, which will get challenged when economic conditions become difficult for the government and the ombudsman will offer the customers refunds and compensation, costing bank shareholders thousands in lost dividends.....sound familiar?? But in all likelihood there wont be any interest rises. I'm sure is suits Lloyd's to have rates low and stable because of there exposure. A 1% rise in rates would open the flood gates & impairments would be catastrophic. Pierre' correct low margin interest rates with reduced overheads & efficient fintech is the only way Lloyd's will make money.

[scruff1] 10/3/2021 10:09

Ranvir Singh standing in for Piers Morgan this am ' Dont read anything into this, I was here anyway'. First time I have heard any coloured person showing any admission/embarrassment that they are only there because of their colour. We whites have known we are being discriminated against for a long time. Apparently Cringe had phoned in to complain. She certainly knows how to complain. Trump knew what he was talking about when he said ' good luck Harry youre going to need it'

[minerve 2] 10/3/2021 10:05

Come on Pierre, please think.

[minerve 2] 10/3/2021 10:04

"no risk"

?

[pierre oreilly] 10/3/2021 09:26

Pay at 1%, lend at 3% with no risk looks very profitable to me.

[portside1] 10/3/2021 08:44

Last night I was taken to a place near Birmingham a old garage filthy place . Preparing food for deliverer fro just eat And one who has take aways wants to think hard About is it clean or bad for your health

[cheshire pete] 10/3/2021 08:44

Sturgeon has a poor memory and forgot. Palace: recollections may vary. Former totally unconvincing, latter absolutely believable.

[maxk] 10/3/2021 08:37

I suspect it will be a lot more than 3% for the long range stuff.