Blog2020 ≫ Business / mortgage / redundancy updates

Interest rates cut to 0.25%, making the lowest lending rates in history! Sounds like good news but will not immediately affect us, even though we're on a variable rate mortgage. Our mortgage is relatively low, so even if this saving was passed on to us immediately I think we'd be saving about £20 a month. The saving will not be passed on immediately, the rate will be increased again before the bank get round to it, but the bank will surely raise the mortgage payments the second it changes upwards. My mortgage interest payment went below £100 last month for the first time.

I an update from work this week, looks like hard times and hard work until the fears and uncertainty coronavirus are out of the way. We must all knuckle down though, keep caalm, and carry on. Unrelated to coronavirus and our work actually but I know of someone who has just taken redundancy from another company locally and got a lovely big payout. Would be enough for me to pay off the house, build an extension, replace the bathroom, buy a van and drive off round the world having adventures until the rest ran out.

Looks like UK has dropped out of the top 10 coronavirus countries1 383 cases, 6 deaths. One of the cases is health minister Nadine Dories. None of the deaths are cabinet ministers.

Swimming was good last night, he's doing well. We got there a bit early and it looked like his teacher took some extra time to go round the pool showing him how to use the lifesaving equipment. Maybe they have got him lined up to be a new lifeguard?

Clare was out trying to give blood, they couldn't make it work because of her small veins.

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Paul Clarke's weblog - I live in Hythe in the deep South. Wed to Clare + father to two, I am a full-stack web developr, and I do js / Node, some ruby, other languages ect ect. I like pubs, running, eating, home automation + other diy jiggery-pokery, history, family tree stuff, Television, squirrels, pirates, lego, and TIME TRAVEL.