Lloyds Banking Share Discussion Threads

[thanatos abysss] 11/6/2024 11:02

ahhhh the good old promise of a property hit


been coming for 40 years now


lol


not long now eh ? hahaha

[institutional investments] 11/6/2024 10:53

Should see the state of mortgage backed Instruments in some countries

Pricing in a big property hit

[institutional investments] 11/6/2024 10:51

The big default era next year

Not sure they can cut rates really. In a bit of a black hole again. Worst thing they ever did re not letting markets reaet/crash on 5 opportunities to

Only way out is to let it happen

[jordaggy] 11/6/2024 10:46

Hardly surprising and not exactly unexpected.

UK mortgages in arrears rise
Worryingly, the number of UK mortgages in arrears has risen to a seven-year high.

New Bank of England data shows that 1.28% of loans were in arrears in the first quarter of 2024, up from 1.23% in the previous three months.

That’s the highest reading since the fourth quarter of 2016, and suggests more households are strugging to meet their mortgage payments due to high interest rates.

The value of outstanding mortgage balances with arrears increased by 4.2% from the previous quarter to £21.3bn – a 44.5% increase compared with a year earlier. This is the highest reading in almost a decade, since the third quarter of 2024.

Simon Gammon, managing partner at Knight Frank Finance, said:

“The value of mortgage balances in arrears has surged as household finances have come under pressure from both higher mortgage rates and the rising cost of various goods and services.
This is serious for people struggling to pay their mortgage, but it doesn’t yet present a systemic risk to the housing market. The proportion of the total loan balances in arrears is still relatively low at 1.28%, though Bank of England policymakers will be watching this data closely. New arrears cases actually dipped a little during the quarter, which suggests the situation may be stabilising.
“Mortgage rates are currently trading sideways and barring any nasty surprises, should continue easing once the timing of the Bank of England’s first cut to the base rate becomes clearer.
“Anybody concerned about falling behind on their mortgage payments should contact their lender as early as possible. The lenders have received strict instructions from regulators to offer forbearance, whether via extending mortgage terms or temporarily switching to interest only payments.”

[institutional investments] 11/6/2024 10:30

If ukx can't hold 8184s, kiss your lllyda butts goodbye

[institutional investments] 11/6/2024 10:28

How's today? The sun is shining and hopes are high I assume

[mr.elbee] 11/6/2024 10:14

exactly Rackers If none us watched the MSM media or bought ANY newspapers they would soon smarten up

[diku] 11/6/2024 09:08

scruff...the normal voter has no idea how Torys come up with £2000...all they are interested is how much money they are going to keep rather than taken away...Treasury forecast calculations...scary spin...

[jordaggy] 11/6/2024 08:45

'UK unemployment rises by 138,000 as labour market weakens' rate cuts coming...

[mr.elbee] 11/6/2024 08:10

do not pay attention to anything any of them say. they are ALL untermenschen.

deplorables ,as Hilary would say

[scruff1] 10/6/2024 22:23

Who is right though? Tories reiterate the £2000. Labour and the pen pushers say they are lying. One of em has to be.

[jl5006] 10/6/2024 21:56

Having just finished watching "the hour" on Netflix - previously shown on bbc - I am assured there are no honest joes and voting serves no point
Sadly ppl put up bboards at their gate. Dont ever ask them y

[maxk] 10/6/2024 21:07

And after the election ... broken promises..

[diku] 10/6/2024 20:14

scruff...post 394878...who is above Rishi?...mind manipulating political mockery to sway/win votes...during election campaign the 2 main parties come out with sweetners...we will do this that and the other...before the election announcement no sweetners...

[geckotheglorious] 10/6/2024 19:12

Tax rises are coming.
Only question is will they be larger under labour or Fake Conservative party.

Either way the country will keep raising its National Debt to live beyond its means whilst the poncers, both foreign & domestic, suck at the teet of the hard working taxpayer (overpaid public sector workers excluded)

[ball deap] 10/6/2024 19:03

Vlad, the tax on rentboys is going up, that's something to worry about!!

[vlad the impaler] 10/6/2024 19:03

Why does anybody care about taxes?

[hardup1] 10/6/2024 18:43

Labour drops plans to bring back lifetime allowance.

Labour has dropped plans to bring back the lifetime allowance (LTA) on pension savings.

The move, reported by the Financial Times, is a major U-turn for the opposition party as it prepares to launch its manifesto for the 4 July general election with a 22-point lead in current polling.

According to the FT, Labour’s shadow chancellor Rachel Reeves has decided to drop the plans because it would add uncertainty for savers. Labour is also trying to avoid accusations of raising taxes ahead of the vote.

[portside1] 10/6/2024 18:24

Enfield labour council destroying local. Families kicking them out of their homes. To places like stoke .Labour policy is to remove all poor families out of London started to make their lives terrible in 2022 Labour hate the poor

[portside1] 10/6/2024 18:21

Last year labour councils. In London areas kicked out over 300 Families and made them sign up to private housing in the north and midlands. To make way for immigrants to be close to their Mosques and religious leaders .Now labour want to kick out another 250 families out of London Council homes Labour do love the working class families

[hardup1] 10/6/2024 18:09

After 73 trading days, buyback complete to date:
Total shares to date........................1,543,835,051
Aggregate cost to date... ..................£794,786,131.36
Average price paid to date..................51.4813p
Percentage of £2 billion buyback completed..39.74%

[scruff1] 10/6/2024 18:04

Interesting. Tonights Tory Party broadcast re iterated the £2000 tax rises by Labour - despite the civils service and OBS saying it was false. Who is to be believed.