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Vicious Circle

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Active from 1989
MembersAdam Greening
Dan Corral-Webb
Adam Tolba
Simon Mortlock
AlbumsThe Art Of Agony
Cryptic Void
Advance Classes
GenresDance/Electronic
Rock
Record labels Cherry Red Records
Renegade Hardware
Date of Reg.
Date of Upd.
ID1809126
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About Vicious Circle


Green Party plans to double membership fees amid legal woes

Green Party plans to double membership fees amid legal woes
Sep 30,2023 3:50 am

... There is a risk, however, the party will progress in a diminished form, creating a Vicious Circle of a lower-profile leading to less income...

Jeremy Hunt says UK must break out of tax rise 'vicious circle'

Jeremy Hunt says UK must break out of tax rise 'vicious circle'
Sep 29,2023 10:21 pm

...By Sean SeddonBBC NewsChancellor Jeremy Hunt has said he wants to stop the " Vicious Circle of ever-rising taxes" by reforming public services and the benefits system...

Bus: Wales could lose quarter of services, say operators

Bus: Wales could lose quarter of services, say operators
Aug 21,2023 1:30 am

... " You need the passengers to maintain the service but you need the service to bring the passengers on board - it s a Vicious Circle, " said Mr Davies...

'Vicious circle' for people pushed to wrong debt help

'Vicious circle' for people pushed to wrong debt help
Jun 19,2023 4:00 am

... " It was a Vicious Circle all the time and I hit breaking point...

Average two-year mortgage rate close to 6%

Average two-year mortgage rate close to 6%
Jun 16,2023 7:41 am

... Brokers have described a Vicious Circle of lenders putting up rates at short-notice, then borrowers grabbing deals, leaving lenders inundated and having to pull or raise rates again...

A mum's 'remarkable turnaround' to win her baby back

A mum's 'remarkable turnaround' to win her baby back
Mar 7,2023 8:30 pm

... " It was a vicious, Vicious Circle, " she said...

Cost of living: 'Hard to eat proper food'

Cost of living: 'Hard to eat proper food'
Oct 20,2022 8:51 pm

... A Vicious Circle The Ipsos UK survey also suggested 34% of all participants had borrowed money from friends or family, with 14% borrowing from a bank or lender...

Kwasi Kwarteng's mini-budget of tax cuts reward the wealthy, Labour says

Kwasi Kwarteng's mini-budget of tax cuts reward the wealthy, Labour says
Sep 29,2022 6:50 pm

... " Their record, their failure, their Vicious Circle of stagnation, " she added...

Average two-year mortgage rate close to 6%

Feb 26,2022 4:04 am

By Kevin PeacheyCost of living correspondent

The average interest rate on new two-year fixed mortgage is likely to breach 6% in The Coming days as lenders grapple with upheaval in the sector.

The typical rate rose to 5. 98% on Friday, according to financial information service Moneyfacts, as more mortgage providers increased the cost of their home loans.

They included two of the UK's biggest lenders, Nationwide and NatWest,

It was NatWest's second increase in a week, echoing a similar move by HSBC.

Brokers have described a Vicious Circle of lenders putting up rates at short-notice, then borrowers grabbing deals, leaving lenders inundated and having to pull or raise rates again.

" It is massively hard to navigate for everyone, especially clients, who need to make quick decisions in these circumstances, whilst brokers are working round The Clock to try to Lock In to these rates, " said Andrew Montlake of Coreco mortgage brokers.

The typical two-year fixed-rate mortgage had a rate of 5. 92% on Thursday, but jumped on Friday. This still leaves it short of The Peak of 6. 65% in October Last Year , following the mini-budget during Liz Truss 's premiership.

A typical five-year fixed rate is now at 5. 62% compared with Last Year 's peak of 6. 51%, according to Moneyfacts.

Rates have risen consistently and - at times - sharply in The Past few weeks, and commentators say there could be more increases to come. Much depends on official inflation data being published Next Wednesday .

Previous figures on wages and rising prices mean markets anticipate that inflation and interest rates will stay higher for longer in the UK than previously expected, which has been reflected in the funding cost of mortgages.

First-time buyers hit

Other lenders to make changes in The Past 24 hours include Clydesdale Bank , which pulled A Number of deals. Coventry Building Society also said it would be re-pricing its deals on Tuesday next week.

On Friday, the rate for Skipton's new deposit-free mortgage aimed at first-time buyers went up from 5. 49% to 5. 89% for new customers.

The Track Record mortgage, with some fanfare, aimed at people who are renting.

" The increased rate reflects the recent changes within the mortgage market, we have re-priced The Product fairly to ensure it remains on The Market at a competitive rate, " said Charlotte Harrison , chief executive of home financing at Skipton Building Society.

" As a responsible lender, we need to be sensible with our approach to market with this product to ensure tenants don't take on More Than they can realistically afford. "

Many first-time buyers might find mortgages harder to access at higher rates, despite house prices falling.

What happens if I Miss A mortgage payment?

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Source of news: bbc.com

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