Mortgage Rate Rises

Really sucks how the government is doing stuff to help people. I am so mad
Its short term thinking a political sticking plaster without solving the underlying issues. We're over reliant on gas for electrical generation, build an alternative that doesn't involve gas? Nope just borrow more money to pay peoples bills. It gets them out of unironically hot water in the short term but long term its simply piling on govt debt which sooner or later will come to bite us in the arse. Like its doing right now. Long term investment in critical infrastructure? Nah, election next year lets kick the can down the street and let the next lot deal with it. And so it goes on. Housing is the same.
 
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Its short term thinking a political sticking plaster without solving the underlying issues. We're over reliant on gas for electrical generation, build an alternative that doesn't involve gas? Nope just borrow more money to pay peoples bills. It gets them out of unironically hot water in the short term but long term its simply piling on govt debt which sooner or later will come to bite us in the arse. Like its doing right now. Long term investment in critical infrastructure? Nah, election next year lets kick the can down the street and let the next lot deal with it. And so it goes on.
I agree with you but we need both don't we. A problem has arisen that is too large for people to be able to cope with. Government should both support now to protect people whilst at the same working on root cause to solve underlying issue. Isnt one of the fundamental purposes of 'the Government' to protect people and ensure our prosperity?
 
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I agree with you but we need both don't we. A problem has arisen that is too large for people to be able to cope with. Government should both support now to protect people whilst at the same working on root cause to solve underlying issue. Isnt one of the fundamental purposes of 'the Government' to protect people and ensure our prosperity?

At some point it needs to reset. Everyone needs to get with the game plan. Ideally everyone needs a bit of grief to get back on the straight and narrow. Otherwise no one will learn.
 
Its short term thinking a political sticking plaster without solving the underlying issues. We're over reliant on gas for electrical generation, build an alternative that doesn't involve gas? Nope just borrow more money to pay peoples bills. It gets them out of unironically hot water in the short term but long term its simply piling on govt debt which sooner or later will come to bite us in the arse. Like its doing right now. Long term investment in critical infrastructure? Nah, election next year lets kick the can down the street and let the next lot deal with it. And so it goes on. Housing is the same.
A few things are happening to help transition away from gas, you've got new nuclear being built, loads of renewables going in and being connected to the grid, and no new gas boilers for new builds from 2025.

Edit: I think theres also a couple of trials going on tor hydrogen being used rather than natural gas in the home
 
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no wood burner ??
just got my 10.5 tonne of logs for winter .. all nice and stored away ..
What type and price did you get roughly. I saw someone chop down a giant ash width about a small car size just needed a crew and I reckon we could get it free. no volunteers :/


Any great deals on rates ? From what I've seen in the news, even longer term rates have turned higher. This means possibly higher costs leading to higher rents, helping inflation stay higher. Thats the nature of the pain I guess
 
A few things are happening to help transition away from gas, you've got new nuclear being built, loads of renewables going in and being connected to the grid, and no new gas boilers for new builds from 2025.

Edit: I think theres also a couple of trials going on tor hydrogen being used rather than natural gas in the home
Gas isn't going anywhere soon. It will likely have a long tail as back up for highly intemittent renewables as natural gas, then move to blue hydrogen where steam splitting of natural gas is done with the hydrogen being burned in place of natural gas at CCGT power stations ultimately moving to excess renewable being used to make green hydrogen from electrolysis of water.

For those of us who don't want to die the idea of using hydorgen in a domestic setting is frankly terrifying. It has a very wide explosive range, it has a tiny tiny ignition energy and it's a very small molecule a leaks like buggery even from well maintained systems.

Our Lords and Masters are hoping to muddle through and maybe hoping for a miracle storage revolution. My money is on gas being around until the 2040's in one form or another.
 
Gas isn't going anywhere soon. It will likely have a long tail as back up for highly intemittent renewables as natural gas, then move to blue hydrogen where steam splitting of natural gas is done with the hydrogen being burned in place of natural gas at CCGT power stations ultimately moving to excess renewable being used to make green hydrogen from electrolysis of water.

For those of us who don't want to die the idea of using hydorgen in a domestic setting is frankly terrifying. It has a very wide explosive range, it has a tiny tiny ignition energy and it's a very small molecule a leaks like buggery even from well maintained systems.

Our Lords and Masters are hoping to muddle through and maybe hoping for a miracle storage revolution. My money is on gas being around until the 2040's in one form or another.

Interesting and noted. However how many have died bodging their gas supply to avoid metering as prices are so high? I mean I’m no expert but all those houses exploding last year due to gas leaks is wierd.

I’m not doubting your expertise but dodgy gas is as about as dangerous as it gets right?
 
I agree with you but we need both don't we. A problem has arisen that is too large for people to be able to cope with. Government should both support now to protect people whilst at the same working on root cause to solve underlying issue. Isnt one of the fundamental purposes of 'the Government' to protect people and ensure our prosperity?
For the people on the lowest tier those on credits or means tested benefits need to taken care of sure but hand outs to all is just adding to debt and cushioning people against necessary changes if theres no incentive to move on from fossil fuels how is anything going to change? If the fuel payments hadn't existed people would have coped, it would have hurt but people would have survived and they might have though about alternative ways of heating their homes or more to the point avoiding having to with increased home insulation and we have one of the if not the worst record on home insulation in europe as well as an outdated housing stock that leaks heat like anything. Instead we just plod along piling more and more on national debt to keep voters in the same old stasis. All so short term.

Look at it from their POV if people received fuel relief payments why not mortgage relief payments as well? Because thats the latest hurt and frankly you can't blame them because the logic is exactly the same (and lets be honest here if the public outcry is loud enough thats what will happen because the govt will cave in sooner or later because thats thats what they do)

A few things are happening to help transition away from gas, you've got new nuclear being built, loads of renewables going in and being connected to the grid, and no new gas boilers for new builds from 2025.

Edit: I think theres also a couple of trials going on tor hydrogen being used rather than natural gas in the home
HST is going to built... oh no its cancelled. Britain going to lead the world in renewables... oh no Rishi has zero interest in anything renewable and is only interested in issuing new hundreds of new oil and gas licenses. If nuclear ever gets off the ground post the next election I'll eat my hat.
 
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Gas isn't going anywhere soon. It will likely have a long tail as back up for highly intemittent renewables as natural gas, then move to blue hydrogen where steam splitting of natural gas is done with the hydrogen being burned in place of natural gas at CCGT power stations ultimately moving to excess renewable being used to make green hydrogen from electrolysis of water.

For those of us who don't want to die the idea of using hydorgen in a domestic setting is frankly terrifying. It has a very wide explosive range, it has a tiny tiny ignition energy and it's a very small molecule a leaks like buggery even from well maintained systems.

Our Lords and Masters are hoping to muddle through and maybe hoping for a miracle storage revolution. My money is on gas being around until the 2040's in one form or another.

Maybe sneakily its to get more to take the same approach I have in mind.
I wont be having hydrogen in my house so if needs be I will switch 100% to elec at the point they enable it.

I don't want to ditch gas yet, I agree gas will be about for some time, I would rather just try to limit further and further my gas usage.
But its a hell of a good fuel in all settings as the backup for high demand, low green generation etc.
 
Maybe sneakily its to get more to take the same approach I have in mind.
I wont be having hydrogen in my house so if needs be I will switch 100% to elec at the point they enable it.

I don't want to ditch gas yet, I agree gas will be about for some time, I would rather just try to limit further and further my gas usage.
But its a hell of a good fuel in all settings as the backup for high demand, low green generation etc.
I thought they were already actively mixing hydrogen into the natural gas supply? Something like a 5% mix
 
I thought they were already actively mixing hydrogen into the natural gas supply? Something like a 5% mix

Plan was for 2025 I believe.

Its looking less and less likely to happen.

There needs to be a rollout because not all boilers are compatible. Most are, but not all.
So IMO we will see a campaign much like the TV switch and it will take far longer to happen than predicted.

Schapps for all his faults seems to be waking up to Hydrogen being dumb in domestic settings.
 
Waiting to see what the Gov/Banks come up with - seems you may be able to switch to interest only for up to 6 months. It is only delaying, but will look into this as i would be able to divert funds elsewhere while hoping interest rates fall.
 
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