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About yasdnil

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  1. That's true too. But then what actually is "nationalisation"? There has never been a single, prescribed form for nationalised industries, and a company founded by Royal charter (or for that matter a Companies Act company) in which the government owns the stock fits the definition as good as any.
  2. Calm down people. The Bank of England has been a nationalised industry, since the Bank of England Act 1946. The long title of the Act makes this pretty clear: As for Ms. Flanders, I can only conclude that she is making up facts, to save her the bother of actually finding them out and checking things.
  3. Fiver from me. Confirmation number: 1TF42516BF4804130.
  4. The police will pay for it, surely? Riot (Damages) Act 1886, Section 2. Compensation to persons for damage by riot. (1) Where a house, shop, or building in a police area has been injured or destroyed, or the property therein has been injured, stolen, or destroyed, by any persons riotously and tumultuously assembled together, such compensation as hereinafter mentioned shall be paid out of the police fund of the area to any person who has sustained loss by such injury, stealing, or destruction; but in fixing the amount of such compensation regard shall be had to the conduct of the said person, whether as respects the precautions taken by him or as respects his being a party or accessory to such riotous or tumultuous assembly, or as regards any provocation offered to the persons assembled or otherwise. (2)Where any person having sustained such loss as aforesaid has received, by way of insurance or otherwise, any sum to recoup him, in whole or in part, for such loss, the compensation otherwise payable to him under this Act shall, if exceeding such sum, be reduced by the amount thereof, and in any other case shall not be paid to him, and the payer of such sum shall be entitled to compensation under this Act in respect of the sum so paid in like manner as if he had sustained the said loss, and any policy of insurance given by such payer shall continue in force as if he had made no such payment, and where such person was recouped as aforesaid otherwise than by payment of a sum, this enactment shall apply as if the value of such recoupment were a sum paid.
  5. Wrong again. Tim Berners-Lee invented the World Wide Web, a standard for publishing and accessing hypertext documents over the internet. T'internet itself dates from the early 1970s, and was indeed invented by 'the septics'.
  6. If I am not mistaken, you need to pay VAT on purchases of gold *unless* it is in the form of gold coins -- krugerrands for example. But in that case, surely the coins you have in your possession (or safety deposit box) does count as savings.
  7. This is potentially (and I do stress potentially) good news. As long as there is a contract with the purchaser, then the agent is presumably then the agent of the purchaser and not the seller. How they will manage the inherent conflicts of interests this raises I don't know, and I expect they won't even try--at first. But it only takes one legal action from a p1553ed off buyer, or indeed a complaint to the property ombudsman. I would gladly pay an estate agent, as long as I knew they were working to get me the best deal, and not the seller.
  8. Thanks folks. It is good to see the competition (and pleasing to know that it is perhaps not up to date). What I actually hoped to get out of it is a measure of statistical error, for which the number of completions (or mortgages offered, or houses new to market) is really ideal. This incidentally is something that http://www.houseprices.uk.net/ does not give. NEO72's suggestion is perhaps not a bad `second-best'. We know the Land Registry's volumes, so perhaps we could say the number of mortgages offered by, say, Nationwide, is their market share * Land registry volume lagged by three months. Market share would of course have to include cash purchases for that to work. I'll have a poke around and keep the board updated. Perhaps no time soon, though.
  9. Hi All, I am a regular reader and very occasional poster to HPC. This is the first thread I have started, I think. I thought it might be fun to aggregate house price data -- some of you might have seen during election time various attempts to forecast the election outcome by aggregating all the individual polls. It would be cool I think to do this with all the relevant indexes of house prices--hailwide, land reg, rightmove etc. etc. To do this is somewhat beyond my current level of technical competence, but in a way that is the whole point of doing it. I'll certainly post on the forum if I get anywhere with it. Anyway, I have a few queries about the various indices out there. Ideally, I'd like to weight each index by transaction number--by analogy to weighting by sample size in opinion poll data. As far as I can make out, volume information is not generally available, or is available only long after the price data is available. For example the latest Land Registry statistical release has price data for January but volume data only for November. Halifax and Nationwide has only price data and no data on the number of approvals this is based upon. Finally, if this information has previously been collated into some handy format, I'd be grateful if anyone would point out the source to me.
  10. Looking to my area (Sheffield, S8), I would say that while there are more properties *on* the market compared with a year earlier, there are fewer properties *coming on* to the market. Any appearance of greater supply can in my view only be attributed to properties remaining on the market longer due to a. being over-priced b. of a price/quality that no one wants or c. lack of available mortgage finance. In my recent attempts to buy a house I have been offered (twice) more than £300,000, which is more than I could realistically make payments on. I'd say it is not c.
  11. I have recently been outbid on this property: http://www.rightmove.co.uk/property-for-sale/property-16234845.html Property sold last in 2007 for £197,000 according to Nethouseprices. Had an offer accepted at £205,000, that is above peak. To be fair, it looks like the owner had put in a good bit of effort, but still. Having paid my mortgage booking fee of £195, was informed by the EA that they had received an offer of £210,000. I was not prepared to get into a bidding war, so another year of renting in a small flat, I guess.
  12. I am not seeing it. I am buying for the first time, borrowing a little more than twice joint salary. When the mortgage advisor ran us through the affordability analysis, they were prepared to lend us £315,000. No way could we afford to pay back a loan that size.
  13. I finally decided to buy, and have been looking at a five year fix. Last week there were a handful on at 5% or less with a 15% or 20% deposit. Today the only five year fix I know under 5% is the Nottingham Building Society at 4.69% with a 20% deposit, which I have just booked this morning. How long before that one is gone too, I wonder?
  14. This is wrong on so many levels. For a start, monies owed in tax could hardly be argued to be contractually owed. And then there is the Crown Proceedings Act 1947 S 1. 1 Right to sue the Crown Where any person has a claim against the Crown after the commencement of this Act, and, if this Act had not been passed, the claim might have been enforced, subject to the grant of His Majesty’s fiat, by petition of right, or might have been enforced by a proceeding provided by any statutory provision repealed by this Act, then, subject to the provisions of this Act, the claim may be enforced as of right, and without the fiat of His Majesty, by proceedings taken against the Crown for that purpose in accordance with the provisions of this Act.
  15. Oddly, a lot of people on this board seem to deride the refrain, "It's supply and demand, innit?" Looking at this chart, house prices seem very much to be a reflection of supply and demand.
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