Lloyds Banking Share Discussion Threads

[diku] 31/8/2020 18:06

Hence rates have been and will stay lower much longer...probably permanent...rates have one purpoae and one purpose only...support the housing market, borrowers and the supply chain...





sikhthetech31 Aug '20 - 13:04 - 11753 of 11756
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I think Help to Buy loans will become toxic soon.

They were introduced in 2013 and are interest free for only 5yrs. Now 7 yrs down the line, the buyers taking the initial batch have to pay interest on them on top of their mortgage!!

As time goes on, more and more will have to pay interest on the Help2Buy loan on top of their mortgage. This could result in more defaults going forward.

[guss] 31/8/2020 17:43

They shoot horses, don’t they.......but maybe not black ones

[poikka] 31/8/2020 16:41

A few pints of heavy and a chaser or two - and you're a comedian.

[grahamite2] 31/8/2020 16:10

#313531 the comments are well worth reading...except they are things that would occur to all of us anyway.

[jacko07] 31/8/2020 15:40

Boris didn't lose 200 billion pounds, it went to the country.

I guess some of it went to Scotland to add to the £2,000.00 each Scottish person gets from the UK taxpayer.

[bargainbob] 31/8/2020 15:19

BREAKING NEWS: Boris Johnson has been named slimmer of the year. He managed to lose 200 billion pounds in 3 months.

[maxk] 31/8/2020 15:11

No sign of plod as social distancing gets nuanced..

[scruff1] 31/8/2020 15:07

Do Black Horses Matter ?

[xxxxxy] 31/8/2020 14:38

John Redwood@johnredwood3hGlad to see strong reaction against the idea of tax rises . That's the last thing we want. We need to get the deficit down by getting economic growth up.

[gbh2] 31/8/2020 13:23

"Is there any way I can short the whole planet?"

I'd take that Short but the way China, Iran & Russia are going I doubt we'd be around to collect on the outcome!

[sikhthetech] 31/8/2020 13:04

I think Help to Buy loans will become toxic soon.

They were introduced in 2013 and are interest free for only 5yrs. Now 7 yrs down the line, the buyers taking the initial batch have to pay interest on them on top of their mortgage!!

As time goes on, more and more will have to pay interest on the Help2Buy loan on top of their mortgage. This could result in more defaults going forward.

[guss] 31/8/2020 09:08

Is there any way I can short the whole planet?

[utrickytrees] 31/8/2020 09:02

1n 12 months, Bob will look back whilst sipping his morning Alaskan Cranberry juice & Buckfast & wonder what all the fuss was about.

[xxxxxy] 31/8/2020 09:02

Have to go by how they are and their record. So No Deal. Reality.WTO

[xxxxxy] 31/8/2020 08:57

What's the point of a UK-EU trade deal, if only the EU benefits?12 years of talks, and Canada's EU deal resulted in its goods deficit worsening by 27%?Canadian PM Trudeau & EU Commission President Juncker sign trade deal, 201616 years after starting, Canada's deal still hasn't been ratified by half the EU's countries... Facts4eu. So No Deal it is. AND SAVE LOTS OF MONEY WHICH WE NEED. Don't buy German and French produce and goods and stuff. WTO.

[xxxxxy] 31/8/2020 08:53

Tax rises would slow the recovery and increase the deficitBy JOHNREDWOOD | Published: AUGUST 31, 2020The Treasury should be told that tax rises now would be bad economics and worse politics.The deficit has soared because government anti virus policies created a huge and fast downturn. In a recession public spending soars and tax revenues fall. Cutting the deficit needs a fast and strong recovery, so Public spending falls and tax revenues rise. In this downturn public spending was massively boosted by taking 9 million people onto the state's wage bill whilst their jobs were prevented by lock down. We need to get them back into private sector jobs to remove the cost to the government and to get more tax revenue in from their better pay and overtime.Far from needing tax rises we need rate cuts and tax holidays to promote more activity and jobs. The temporary cut in Stamp Duty is leading to many more housing transactions which will protect or create more jobs and increase tax revenues on the Activity in the housing market.The Treasury has always been reluctant to accept that often the way to get more tax revenue is to cut rates to stimulate activity. That is what is needed now.

[cheshire pete] 31/8/2020 08:43

Agree UTT, up and running deals with other countries is key. Dr. Liam Fox was working on these in May's time I recall so I'd expect them to be 'oven ready' by now. Some letters of intent or equivalent in place would show Barnier that threats to walkaway with no deal are real and not just negotiating rhetoric.

[bargainbob] 31/8/2020 08:26

Fully expecting Boris to do a U on Brexit . If not it will be the only thing he not U turned on .

[bargainbob] 31/8/2020 08:26

Fully expecting Boris to do a U on Brexit . If not it will be the only thing he not U turned on .

[utrickytrees] 31/8/2020 08:21

Negotiations with Australia Canadia America India New Zealand Japan Norway etc must be going a lot better than expected. Let's not forget that any deal with the EU would have serious ramifications for our new trading partners. Leaving the EU & having agreements elsewhere needs ideally to be seamless. As soon a Boris walks from the EU table we will know that arrangements with our new partners have been finalised. It's a bit like exchanging contracts when you move house I'd of thought.