miko

These Tax credit and pension credit people are a bunch of total s--t. My mum went into a home four years ago and my dad was told to apply for pension credit to pay towards her keep. she was assessed and awarded about £90 per week towards her care . They were given all the right information at the time , reguarding her and my dads financial position. She passed away December last year and now they are disputing the fact that she got pension credit and asking questions that they asked at the time and got the correct answers to at the time. The solicitor cannot finalize her estate and is costing my dad the sole benefactor of the will quite a lot of money each time the solicitor has to communicate with them. At present it looks like all the tax credits are going to have to be repaid from her estate leaving my dad about £20,000, down on what he was expecting. The whole process and their attitude towards my dad an old man of 76 is abysmal. They should find out who f---k-d up at the time and get the money back of them.

no one knows quite how things will pan out . Inflation will make savings smaller in real terms over a period of time however house price deflation will make that money go further towards a house. A finance man on the telly today stated an illiquid economy is to capitalism like a man lossing 4 pints of blood. So in time the banks and government's will have to free up leanding and interest rates will be cut. last crash interest rates were cut but property still fell even with higher inflation then now. My, guess is interest rates falling along with property , making houses much more affordable , whether savings are worth less or not

If you sold to them and it had gone up £20,000 within six months would they have come along and given you a couple of grand as they felt guilty that you had lost out by not waiting six months longer.

It may be a sad fact of life at the moment but I have heard more than a few people in their late twenties early thirty's , saying that it will only be inheritance that will insure their financial security. Im not talking about lazy people sitting at home waiting for money , but families where both adults are out working to survive . One couple are both full time working , two children live in modest house and drive modest car neither smoke or gamble or drink much. They are on interest only mortgage and the word pension is not in their vocabulary. The only way they feel they will ever pay of the mortgage is if they are left money. Their parents bought a house when you had to have a repayment mortgage and then had the benifit of high inflation making the mortgage very small in time . The problem today big mortgages stay big for much longer.

Its not just mortgages going bad that are going to flood over the banks ,what about all the sub prime credit card and loans that have been given out. Every single person I talk to will tell me about someone they know who is up to their neck in debt and to put it bluntly will f--k up soon. There is going to be loads of them. As the ression gains pace more and more people are going to be unable to pay their mortgages and all the other debts that they have built up to levels that they cannot cope with now whilst they still have their jobs.

Untill last week i was working on site selling new build apartments. I saw the dodgy motrgages that were being used to purchase btl flats. At this point i decided to sell my own home as i could see the whole thing going tits up. In the summer/autem of last year i saw genuine ftb, loading themselves up with 100% mortgages to buy their first homes. At the end of the site we were trying to sell about £50,000 less than the price these people had paid. Each time a completion took place a guy i worked with said under his breath another one to welcome to negative equity. It got very embarising working there and was glad when we finished last week ,the vacant units we could not sell are going to be let and i also know that a few of the dodgy deals are already proceding to repossion

It is very hard to get companies to remove things on credit files. However you must ask all credit agencies the details that they have on you. You can ask them to put a note on the file explaining what your side of things. Halifax must be the biggest set of Bas----s in all the banks forever reading about their sh-t service and treatment of customers in the press, and they are often on programmes like watchdog.

The Big question is will the ones that have been sold be able to complete the purchase. On new build exchanging contracts and completion are two different things.

Yes happing here in east London, also noticed that the Evening Standard Wednesday property section has got a lot thinner, much less advertising.

Yes I was in the kings road a few weeks back on a Thursday ok i know it is not a weekend but it should be quite busy by that time of the week , the whole place was empty. Went into Peter Jones , you could have thought that they had shut the shop as so as you had a private viewing there were far more staff than customers. Went to Oxford Street it was ramed on the pavements . However when I went in a few of the shops they were empty.

I think with loads of these new development's it will be a case of can not complete. Even if someone wanted to the banks valuation will be way down on what will be needed to obtain the mortgage that buyers would need to complete on their original ifigures and valuations when they were reserved.

Well said her proposals for positive discrimination are disgusting , not allowing white men to go to tribunals like others surley that is against our human rights. She should resign due to racism.

Sounds like England in the future

Had to be Harriat Harmen for me, that new bill she want's to put through parliment making white men second class citizens in the work place , she should resign due to racism.

It was the same under the tories , no one has had the guts to reform the benefit system Thatcher, Major, and Blair have all talked about it but none of them have done anything about it.

I see what you mean , but the government has no money and I find that anyone under 40 has a very different view to striking ect. than people had in the seventies the hard union leaders are gone and jo public with bills to pay is very frightened . I worked in manufacturing for a very rich company and people just looked to next weeks pay packet. They would moan like mad with work mates but never even open their mouths to managment never mind voting for a strike. However Yes I do see some industrial strife happening.

NO unions are not nearly as strong as they were years ago. People are in fear of losing their jobs so in the end will put up with wadges that are not keeping up with costs in order to keep their jobs.

Because I would never have employed you that's why not !!

Why not

Tory plans for welfare reform, they have not got any , or if they do have plans for it they wont have the guts to put them in place. Thatcher , Major and Blair have all spoken big words about it but no one has had the guts to do anything about it. It would be such a big shake up , no all of them have just taken more from the working people to keep paying for it. Many people in this country with average jobs and children are better of not working thats why so many are on permanant benifits.

could not agree more

expect people to not have a high wadge rise but dont expect the whole economey to go wrong Wan---s

Tell the estate agent to call you when it is £250,000 wont be long and then you save the extra 2% stamp duty.

They also got it all under the Tories, Thatcher and Major never had the guts to stop it. The only benifits Major stopped was making people wait 9 months for the state to pay mortgage intrest if you became unemployed. So the saftey net was taken away from the people who went to work and paid taxes , when they fell on hard times . He still paid rent from the first day of unemployment.

No you Grow up, are you incapable of reading what i wrote, never mentioned anyone wanting a handout or anything about greedy bastards, I suggest you F-----g learn to read you P---k. Jealous of anyone who bought a home are We?