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About we the sheeple
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Calm Down Hpcers, Recovery Is Real
we the sheeple replied to crashmonitor's topic in House prices and the economy
Love David Smith, wrong more often than a stopped clock. -
Wow, no one ever seems to ever do the maths on this horrendous scheme..... Interest rate on the old system running at 1.5% p.a. To quote the new system "From 1 September 2012 until 31 August 2013, the interest rate for ICR loans taken out in 2012 will be 6.6% (RPI, plus 3%)." Let's say, new student graduate has borrowed 3 * 9K fees + 3 * 4K living costs Interest clicking away as follows. 6.60% 1 39.00 2.57 2 41.57 2.74 3 44.32 2.92 4 47.24 3.12 5 50.36 3.32 6 53.68 3.54 7 57.23 3.78 8 61.00 4.03 9 65.03 4.29 10 69.32 4.58 11 73.90 4.88 12 78.78 5.20 13 83.98 5.54 14 89.52 5.91 15 95.43 6.30 16 101.72 6.71 17 108.44 7.16 18 115.59 7.63 19 123.22 8.13 20 131.36 8.67 21 140.03 9.24 22 149.27 9.85 23 159.12 10.50 24 169.62 11.20 25 180.82 11.93 26 192.75 12.72 27 205.47 13.56 28 219.03 14.46 29 233.49 15.41 30 248.90 16.43 Paying back 9% of income over 21K. Assume you start work at 21K, you would need 8% p.a. income growth to only just pay it off at 30 years. Excellent system, definitely not a tax on jobs Mr Clegg.
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600K House & 2Nd Home Signs Of "being A Success"
we the sheeple replied to Dave Beans's topic in House prices and the economy
With QuidCo you could start with the Aston Martin at beginning of week, pawn you way through each less expensive item in turn, just about have enough cash for a designer sandwich by the end of it. Nobody would guess. -
classic repeat yesterday with the couple moving from fulham to house near grantham half way through they bid on a wreck with a 450k guide. krusty asked them for their top dollar (600+250 rennovation) bid accepted (hooray) .. they agent mis-mailed them the list of all bidders and their bids. second highest bid very close to the guide. classic. http://www.radiotimes.com/episode/g5bn/relocation,-relocation--series-4---4-pj-and-hereward krust and phil - the agents double agents
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Making An Offer On A Brighton Flat
we the sheeple replied to Confused-buyer's topic in England - South East
If its an older property in Brighton, google "Bungaroosh" -
This Is Not Gods Work - Bill Gross
we the sheeple replied to we the sheeple's topic in House prices and the economy
Starring Angela Knight? -
http://blogs.wsj.com/deals/2011/02/02/bill-gross-this-is-not-gods-work/ Hits the nail. Finance Industry is a Utility - Shuffles and Skims the wealth generated by others. Pretending it's vital to the economy is confusing the rude health of a massive Parasite with the near death if its Host.
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Brighton is special - just google Bungaroosh
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No Mortgage Required Seller Will Provide Finance
we the sheeple replied to RDW's topic in House prices and the economy
Whole area is right on sea level. May well be uninsurable and unmortageable -
Yes, point three. Now the big players are calling FRAUD and wish to be made whole again, could be tricky for banks to eat ALL of their own sh!t. I'm lov'in it!