I dont know what a Tracker Mortgage is springs to mind
expected someone to come back with that line! Cheers anyway....
hi vincenzo
as you said they took the bail out so the tax payer now has a stake in the company and it is in the tax payers interest to have them operate as a company and that means making a profit !
hi vincenzo
as you said they took the bail out so the tax payer now has a stake in the company and it is in the tax payers interest to have them operate as a company and that means making a profit !
Yep thats true, they took my tax and got bailed out, and now i've to pay extra in my mortgage repayments to pay for the bailout i already paid them.
Whilst taxpayers and mortgageholders are significantly overlapping groups, it is probably in the taxpayers interest for bailouts to be repaid back to the taxpayer via profits rather than to the mortgageholder via low interest margins
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