2007-09-14 00:32:43 · 8 answers · asked by Anonymous in News & Events ➔ Current Events
A big name like this, in this situation, is this another barings bank?? (however you spell it!!)
2007-09-14 00:38:12 · answer #1 · answered by Paul C 6 · 2⤊ 0⤋
I am sooo glad I don't have a mortgage with them. We were considering it at one point.
I would be panicking too if I were a customer.
*edit* sam j - you may be right. We bought in '99 when houses are so cheap. We want to move, but prices are just ridiculous. We have looked into it, but I reckon a crash is about to happen, and we'd end up in negative equity. No thanks! I'll stick where we are for now.
2007-09-14 00:46:19 · answer #2 · answered by helly 6 · 1⤊ 0⤋
On the News this morning it said they would be helped out financially and the government said don't panic! Right OK then! NOT
So glad i don't have savings or mortgages with them!
2007-09-14 00:49:02 · answer #3 · answered by mollymoosmummy 3 · 0⤊ 0⤋
What difference does having a mortgage with them make? It's not loike they can suddenly say "we need all our money today" it just gets shifted to a new lender if they go belly up. They won't go belly up anyway, BoE is lending them money at reduced interest.
2007-09-14 01:12:00 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I've heard they are in trouble and going to Bank of England for help.
2007-09-14 00:43:29 · answer #5 · answered by Julia H 4 · 2⤊ 0⤋
yup
2007-09-17 20:13:31 · answer #6 · answered by barbaraminor@btinternet.com 3 · 0⤊ 0⤋
dunno but apparently you can't get onto their website. People are panicking and I cant say I blame them - who would believe this Government when they say not to panic!!
2007-09-14 00:36:39 · answer #7 · answered by Sal*UK 7 · 3⤊ 0⤋
you bet ye.
2007-09-14 14:41:15 · answer #8 · answered by Anonymous · 0⤊ 0⤋