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This post has been edited by bomberbrown: 01 March 2012 - 06:57 AM
B B C First Time Buyer Puff Piece This Morning
A K A Ray Boulgers Mortgage Advertisemnet Slot
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#1
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Posted 01 March 2012 - 06:56 AM
He blatantly advertised a specific Building Society that gets FTB a mortgage equal to what they pay in rent.
In the 1950s Local Authorities built over 200,000 homes per year. In 2004 they built just 133.
Housing - Trends in tenure and cross tenure topics (general)
Ludwig von Mises describes the endgame brought on by reckless expansion of credit: "There is no means of avoiding the final collapse of a boom brought about by credit (debt) expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit (debt) expansion, or later as a final and total catastrophe of the currency system involved."
Housing - Trends in tenure and cross tenure topics (general)
Ludwig von Mises describes the endgame brought on by reckless expansion of credit: "There is no means of avoiding the final collapse of a boom brought about by credit (debt) expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit (debt) expansion, or later as a final and total catastrophe of the currency system involved."
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#2
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Posted 01 March 2012 - 07:05 AM
bomberbrown said:
1330585015[/url]' post='3274351']
He blatantly advertised a specific Building Society that gets FTB a mortgage equal to what they pay in rent.
He blatantly advertised a specific Building Society that gets FTB a mortgage equal to what they pay in rent.
Juxtaposed, they then swing from the £200k 1 bed slave box flat in East London, beyond the reach of the FTB, to Sheffield and an article where renters or so called Property Guardians are enjoying huge properties at peppercorn rents.
In the 1950s Local Authorities built over 200,000 homes per year. In 2004 they built just 133.
Housing - Trends in tenure and cross tenure topics (general)
Ludwig von Mises describes the endgame brought on by reckless expansion of credit: "There is no means of avoiding the final collapse of a boom brought about by credit (debt) expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit (debt) expansion, or later as a final and total catastrophe of the currency system involved."
Housing - Trends in tenure and cross tenure topics (general)
Ludwig von Mises describes the endgame brought on by reckless expansion of credit: "There is no means of avoiding the final collapse of a boom brought about by credit (debt) expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit (debt) expansion, or later as a final and total catastrophe of the currency system involved."
#3
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Posted 01 March 2012 - 07:18 AM
^ Seen it too. Two property related stories in one BBC Breakfast show - they spoil us, ambassador! 
What is this Saffron Building Society mortgage all about then? Do they lend mortgages based on the applicant's ability to pay previous rent?
What is this Saffron Building Society mortgage all about then? Do they lend mortgages based on the applicant's ability to pay previous rent?
STR - August 2010.
#4
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Posted 01 March 2012 - 07:42 AM
That poor young couple denied the opportunity to buy a house in East London. Because I'm sure 10 days of watching foreigners win medals for running and jumping will permanently raise prices in the area.
#5
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Posted 01 March 2012 - 08:00 AM
MattW said:
1330586290[/url]' post='3274359']
^ Seen it too. Two property related stories in one BBC Breakfast show - they spoil us, ambassador!
What is this Saffron Building Society mortgage all about then? Do they lend mortgages based on the applicant's ability to pay previous rent?
^ Seen it too. Two property related stories in one BBC Breakfast show - they spoil us, ambassador!
What is this Saffron Building Society mortgage all about then? Do they lend mortgages based on the applicant's ability to pay previous rent?
According to Ray Boulger around an hour ago, yes. I noticed Ray never mentioned them again when he was interviewed just now on the repeat live piece. I bet he got a rollicking from the Breakfast producers.
In the 1950s Local Authorities built over 200,000 homes per year. In 2004 they built just 133.
Housing - Trends in tenure and cross tenure topics (general)
Ludwig von Mises describes the endgame brought on by reckless expansion of credit: "There is no means of avoiding the final collapse of a boom brought about by credit (debt) expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit (debt) expansion, or later as a final and total catastrophe of the currency system involved."
Housing - Trends in tenure and cross tenure topics (general)
Ludwig von Mises describes the endgame brought on by reckless expansion of credit: "There is no means of avoiding the final collapse of a boom brought about by credit (debt) expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit (debt) expansion, or later as a final and total catastrophe of the currency system involved."
#6
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Posted 01 March 2012 - 08:50 AM
bomberbrown, on 01 March 2012 - 08:00 AM, said:
According to Ray Boulger around an hour ago, yes. I noticed Ray never mentioned them again when he was interviewed just now on the repeat live piece. I bet he got a rollicking from the Breakfast producers.
Saw the property guardian piece. Yes I really must rent a classroom (how the heck would you heat it?).
Complaint going in about the mortgage plug. Not that it has any effect, most likely goes straight in the bin.
Secure Long Term Tenancies For All - Don't Accept AST Crap
#7
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Posted 01 March 2012 - 08:55 AM
MattW, on 01 March 2012 - 07:18 AM, said:
^ Seen it too. Two property related stories in one BBC Breakfast show - they spoil us, ambassador!
What is this Saffron Building Society mortgage all about then? Do they lend mortgages based on the applicant's ability to pay previous rent?
What is this Saffron Building Society mortgage all about then? Do they lend mortgages based on the applicant's ability to pay previous rent?
some pretty hefty rates there:
http://www.saffronbs.co.uk/mortgages/
WARNING
Your
country is at risk
if you
do not keep up repayments
on a gilt or other loan secured on it
Your
country is at risk
if you
do not keep up repayments
on a gilt or other loan secured on it
#8
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Posted 01 March 2012 - 08:56 AM
bomberbrown, on 01 March 2012 - 08:00 AM, said:
According to Ray Boulger around an hour ago, yes. I noticed Ray never mentioned them again when he was interviewed just now on the repeat live piece. I bet he got a rollicking from the Breakfast producers.
Ray's doing well these days. It's almost two years to the day since his company last went tits-up
. http://www.ifaonline...ol-sets-company
.
See Below:
It looks to me like there is a massive coordinated attempt by the various VIs to engineer a spring bounce by press releases and trolling popular Internet forums such as this.
Following the reported 1.9% monthly rise from a government controlled lender and the (expected) 0.5% rate cut, this forum seems to be targeted by bulls, many joining in the last few day to talk up the market.
The general drift seems to be... 'Savings accounts are paying a pittance so get into property now and pick up a bargain'.
I wonder if the various EA and lenders associations are emailing their members, suggesting that joining this forum to talk up the market would be a good idea.
Note: The above was posted in late January 2009, the following is updated as and when required.
See Below:
It looks to me like there is a massive coordinated attempt by the various VIs to engineer a spring bounce by press releases and trolling popular Internet forums such as this.
Following the reported 1.9% monthly rise from a government controlled lender and the (expected) 0.5% rate cut, this forum seems to be targeted by bulls, many joining in the last few day to talk up the market.
The general drift seems to be... 'Savings accounts are paying a pittance so get into property now and pick up a bargain'.
I wonder if the various EA and lenders associations are emailing their members, suggesting that joining this forum to talk up the market would be a good idea.
Note: The above was posted in late January 2009, the following is updated as and when required.
#9
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Posted 01 March 2012 - 10:51 AM
On the same piece, the vacuous Stephanie who can't even speak English properly (Ray becomes Rare, both becomes borth) proclaimed that the sun was shining on the housing market because they went up last month. Sh!t for brains. BBC only employ compliant, useful idiots with sh1t for brains. OK, an exaggeration, but they don't half p!ss you off sometimes.
#10
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Posted 01 March 2012 - 12:29 PM
"Steed", on 01 March 2012 - 08:50 AM, said:
Saw the property guardian piece. Yes I really must rent a classroom (how the heck would you heat it?).
To be fair, the landlord pays for the heating costs and I assume they pay the other utilities too. Not sure if it was mentioned on Breakfast but they do require guardian tenants to purchase a £50 fire safety kit. Better than the usual £100 tenancy application fees for printing off a few sheets of paper in a stuffy office.
STR - August 2010.
#11
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Posted 01 March 2012 - 12:41 PM
MattW, on 01 March 2012 - 12:29 PM, said:
To be fair, the landlord pays for the heating costs and I assume they pay the other utilities too. Not sure if it was mentioned on Breakfast but they do require guardian tenants to purchase a £50 fire safety kit. Better than the usual £100 tenancy application fees for printing off a few sheets of paper in a stuffy office.
Didn't know that, not a bad deal then really.
Secure Long Term Tenancies For All - Don't Accept AST Crap
#12
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Posted 01 March 2012 - 12:54 PM
BBC Breakfast is turning more and more into Daybreak everyday, the only difference being one cuts to news every so often.
Syria - 10 seconds of 'oooh that looks terrible'
16yo Policehorse - full life story plus the must have mention that hes'off to the Olympics'
Syria - 10 seconds of 'oooh that looks terrible'
16yo Policehorse - full life story plus the must have mention that hes'off to the Olympics'
#13
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Posted 01 March 2012 - 02:11 PM
Thing is with the 'property guardians' is they tried to give off this whiff of it's so easy and fun about it.
I have lived in shortlife housing (the same thing) for coming on 15 years and you need to be great at DIY and have a tough inventive nature to do it. Being given 2 weeks notice is something you have to be very prepared for.
I have lived in shortlife housing (the same thing) for coming on 15 years and you need to be great at DIY and have a tough inventive nature to do it. Being given 2 weeks notice is something you have to be very prepared for.
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Posted 01 March 2012 - 06:06 PM
tricksters, on 01 March 2012 - 10:51 AM, said:
On the same piece, the vacuous Stephanie who can't even speak English properly (Ray becomes Rare, both becomes borth) proclaimed that the sun was shining on the housing market because they went up last month. Sh!t for brains. BBC only employ compliant, useful idiots with sh1t for brains. OK, an exaggeration, but they don't half p!ss you off sometimes.
And tomorrow or the day after she'll be doing a piece on the unaffordabilty of houses for the young, with her best caring face on. If only one brain cell could even temporarily connect with another...
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Posted 02 March 2012 - 12:47 AM
MattW, on 01 March 2012 - 07:18 AM, said:
^ Seen it too. Two property related stories in one BBC Breakfast show - they spoil us, ambassador!
What is this Saffron Building Society mortgage all about then? Do they lend mortgages based on the applicant's ability to pay previous rent?
What is this Saffron Building Society mortgage all about then? Do they lend mortgages based on the applicant's ability to pay previous rent?
Saffron BS are actually the closest building society to the Olympic stadium. They used to have a prime High St branch in Stratford - then moved the branch to the back of some insurance brokers in Maryland (the grottier bit of Stratford where the massage parlours and other dodgy shops are).
Not sure why they couldn't make a proper branch in Stratford pay amidst the Olympics hype. But then who would really want to live in E15 anywhere - that station is so overcrowded now and cannot cope. Come July and August it will be total mayhem!