monks
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Posts posted by monks
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what the hell is "disposable income"? Surely it is money that can you can afford to fritter away... there is no way the average person has £272 A WEEK ??? So each month we could all go out and spend £1088 on hifi separates if so needed ???
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Daybreak on ITV just covering it now..
Couple in Rugby trying to sell a 5 bed house (great looking detached property to be fair). Been on the market for 2 years. Already dropped from £340k to £290K. Bloke was saying "this is a joke", "can't reduce any further as already in NE".
Cuts to studio where they have found a refreshingly honest EA... says "we are seeing an erosion of asking prices", "EA's fighting for business", "volumes down", "too many EA's saying what they think seller wnats to hear"
Finishes by saying stamp duty should be cut to 1%
Great big bear breakfast!
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Is this the first recession/depression ever where the authorities have acted to maintain asset prices rather than allowing them to fall to fair value or economic reality levels?
Yes, because it's the first one where THEY (through the bailed out banks) are now actually stakeholders in those assets
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glad I'm not the only one thinking that. Have to admit I don't remember the refurb work. Mind the scammers vans that seem continually parked along the road now.
All in the name of accident prevention of course (even though they park 200m away from the real problem bend, on a relatively straight, wide, almost non residential patch, just off the fast dual carriageway...)
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Gaping inconstancies appearing in both stories now... the TV show appeared to indicate the "dream home" was partially built, and then finished by someone else who is now living in it?? DM says it was demolished.
The interview at the end of the programme makes no reference to the SMI - instead he trys to portray himself as some kind of Freedom Fighter about to take on the Bank to prevent repossession.
And Christ, has she gone down hill since 2004....
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And reduced again... http://www.rightmove.co.uk/property-for-sale/property-37397180.html
Greedy chancers. To come from £460k (April) to £405k (July) shows either the penny has dropped or there is a big cash flow problem in their "property development" business.
Drive past it everyday on the way to work and watched the refurbishment with great anticipation. Aside from the odd location (you would be expecting a speeding motorist to crash through your lounge window each month), unfortunately they have got the frontage very, very wrong for Hale.
The front door especially looks cheap and about 20 years out of date. Backyard is laughable. In the current market, this is "worth" (or would sell) for about £300k, maybe £320k if the buyer was especially stupid.
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Bet the son's glad they have sold the story to the Mail and re-published details of his illness... I'm sure his 15 year old peers will be most sympathetic
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The family had enjoyed an affluent life in their four bedroom semi-detached house which they bought 12 years ago for £300,000.
They drove two cars, a family Peugeot and a convertible BMW Mini which Mrs Timpson bought new as a 30th birthday present, and enjoyed two foreign holidays a year.
The family felt so financially comfortable they remortgaged their property and took out a £50,000 loan in a bid to build their dream home on a plot of land they bought nearby in 2005.
But after a series of planning wrangles they were forced to demolish the property before they could move in.
They were unable to borrow more money to rebuild the property and the Cheltenham and Gloucester building society repossessed the land.
Luckily, the £1,500-per-month mortgage repayments on their family home are being covered on an interest-only basis, around £700 per month, by a government scheme.
But after utilities and bills are paid, the family have just £100 per week to spend on food, clothes and essentials.
They were forced to sell both their cars and now drive a 54-plate Ford Galaxy People Carrier.
To add to their problems, the family home is now in negative equity and thought to be worth only £250,000.
Oh, the shame of being seen in a 54 plate People Carrier
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Faber warned in a recent interview on CNBC: The Super-Rich “may lose up to 50 percent of their total wealth.”
How? “Somewhere down the line we will have a massive wealth destruction. That usually happens either through very high inflation or through social unrest or through war or credit-market collapse
So if we have a huge war, the rich will lose half of their fortunes.
What do the poor lose - oh, yes, their homes, their families, their lives.
But never mind, at least Abramovich is still worth $6B. Phew.
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Friend of mine went to a wedding in Poland. Was so impressed with the value the couple were getting, he paid for the Polish wedding photographer to fly over to the UK the next year for his wedding. Even after paying for travel, food and 2 nights in a hotel, the wedding album still worked out cheaper than he was being quoted here.
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About time too. In the last few years I have been to my GP for a couple of minor (unrelated) issues. The advice (and even drugs) that i bought on the internet was head and shoulders above the generic "paint by numbers" responses I got from the GP's.
The last time I went (for a minor fungal nail infection that hadn't cleared from countless OTC treatments), he just printed off an NHS help sheet and gave me a prescription for a drug that can be bought over the counter for less than the prescription charge...
If it is anything serious they just pass the buck to a hospital consultant.
I honestly think G4S could train todays GP's without issue.
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He was paying their husbands and boyfriends $1 million each for that cricket match, from his ponzi. They probably saw no harm in being nice to the creep, maybe thinking he'd stump up again for other matches.
Exactly... and let's be honest, most of them are barely a sticky wicket away from being a footballing WAG anyway. They probably would have gone a lot further than sitting on his knee if "necessary"
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I've got a Rightmove email alert for houses 1 mile from my Alty / Hale home b/w £180k & £500k.
THREE of the 7 properties sent in this mornings email have a big red REDUCED banner across their pictures
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Sir Sterling Slumlord (Moss)
Bob Geldof
Daily Express
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(Think!!?) I drove past the hoarding the other day on the corner of Burlington Road / Woodlands Rd, near the Cresta Court hotel
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Here, let me help!
Top 100 Items to Disappear First During a National Emergency
1. Generators (Good ones cost dearly. Gas storage, risky. Noisy...target of thieves; maintenance etc.)
2. Water Filters/Purifiers
3. Portable Toilets
4. Seasoned Firewood. Wood takes about 6 - 12 months to become dried, for home uses.
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97. Chewing gum/candies
98. Atomizers (for cooling/bathing)
99. Hats & cotton neckerchiefs
100. Livestock
The collection of top shelf magazines from the 24 hour garage for when your wi-fi connection goes down the swanny?
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They then spoke to the hair dresser about the "recovery" and she was asked how people are affording to have their hair done more, reply people are forgoing holidays to look good! Apparently more salons are opening up than before although no figures given.
She actually mentioned holidays and FOOD !! Nearly choked on my morning coffee !
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ARRRG !!! she still gets the difference b/w debt and deficit (calling it the OVERDRAFT!!) wrong AFTER trying to explain the difference !!!!
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Zuckerberg offloaded 30.2 million shares yesterday
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From the post-demolition picture, it looks like it was made from "foot scrub" pumice stone and fire wood.
I value this property at £8.50 and 12 Nectar points
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http://www.youtube.com/watch?v=p0FRE65B6Lk
One of my favourite clips on YouTube.
God bless the pair of Sweaty Betties -
Very interesting.
The "Victorian spirit" lives... abroad...
Aside from the building being appallingly cheap and nasty, acoustics would be dreadful and they conveniently don't tell you the "lead in" was probably 1.5 years.
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Yes, but I think you misunderstand me. The sharks have to close in - the first person may get through.
What if the first person was having their period?
Nationwide Numbers Out - 0.7%
in House prices and the economy
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They did, but I forget - they were moving out of the area (maybe to be near family?)
One of his compliants was that after the sale and the moving costs, he would be in a smaller (cheaper) house anyway
First feature story after the 7am news if anyone wants to watch on ITV+1