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Tim Miller

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Everything posted by Tim Miller

  1. I have to agree with renting for now and possibly notselling in the UK. I am also looking to live in the Canneries after looking atmain land Spain. Maybe you already know all the islands and which one you likebest, I don't. What I have learnt is that there are so many Brits returning forvarious reasons who all wishing they had not sold up in the UK. Many say itwould have been wiser to rent in Spain and not buy, I have been told so manytimes that the sound people have gone back to Blighty leaving a lot of thedross living there. I would not rush in to buying in Spain, and prices willkeep falling for years to come. There may well be financial changes there whichI doubt will be good for you, Spain is in deep dodo and the squeeze will onlyget worse and worse. I wish UK prices would crash, however I think they willdecline at maybe 5% a year for a few years, there is simply a shortage of housingin the south and probably the south west. The simple fact is that you can getquite high rents for a property in the UK. If you have towork then I should think getting work in the Canneries is not going to be easy,that's if you need to work of course. I am also told that the authorities inSpain are insisting you can show you are in good health and you can look afteryourself. There is pressure to make you pay for medical treatments even thoughthis is illegal within the EU. I totally understand anyone leaving the UK, notleast because of the weather, but having lived abroad from 2004 until last yearit’s not easy to find nirvana, do rent first to check everything out first.
  2. I have to agree with renting for now and possibly notselling in the UK. I am also looking to live in the Canneries after looking atmain land Spain. Maybe you already know all the islands and which one you likebest, I don't. What I have learnt is that there are so many Brits returning forvarious reasons who all wishing they had not sold up in the UK. Many say itwould have been wiser to rent in Spain and not buy, I have been told so manytimes that the sound people have gone back to Blighty leaving a lot of thedross living there. I would not rush in to buying in Spain, and prices willkeep falling for years to come. There may well be financial changes there whichI doubt will be good for you, Spain is in deep dodo and the squeeze will onlyget worse and worse. I wish UK prices would crash, however I think they willdecline at maybe 5% a year for a few years, there is simply a shortage of housingin the south and probably the south west. The simple fact is that you can getquite high rents for a property in the UK. If you have towork then I should think getting work in the Canneries is not going to be easy,that's if you need to work of course. I am also told that the authorities inSpain are insisting you can show you are in good health and you can look afteryourself. There is pressure to make you pay for medical treatments even thoughthis is illegal within the EU. I totally understand anyone leaving the UK, notleast because of the weather, but having lived abroad from 2004 until last yearit’s not easy to find nirvana, do rent first to check everything out first.
  3. Indeed, very close friends of mine have put there 5 bed semi in South Croydon property up for sale for 500k, the highest valuation was 625k by the way. They ignored the highest valuation as you can buy a detached for that and have change! After 2 months with no offers they reduced it to 460k - 500k although on RM it says 460k in the heading. Still no takers after two viewings. They started telling me back in July that "properties always sell in their road...bla...bla...bla....you can't buy...bla...bla...bla. Interestingly the next door (adjoining) neighbour has not extended their 3 bed semi. It was up for 385k, went under offer for 375k within 2 weeks and the deal just blew out as the valuation came in at 350k. On the other side, another friend of mine a single lady is about to exchange on a very nice detached house in Eastbourne for 575k, the asking price was 575k and that was her first offer. She told me the agents said...bla....bla bla.....I despair!
  4. + 1.... I agree totally with General Melchett ........but I would add prices will only go down from now, so do not be afraid to keep saving a deposit and buy cheaper in a year or two.
  5. I follow the classic car market and I can tell you only the cream, the very best of RARE and original cars are going up, the rest are not. I particularly look at Jaguars and especially e-types and dealers thought they would cash in on the 50th anniversary, most have been badly caught out I am delighted to say. Guide prices are down for virtually all e-types and even rare cars ( 1961 out side bonnet latches) failed to sell at auction. You can ask what you like, but buyers are scarce and becoming scarcer. For what it is worth I just came back from Spain, house sales in the 1st quarter of 2011 are down 30% against 2010 levels with the 2nd quarter down 40%. In my opinion we are heading for part two of a crash.
  6. My understanding is they don't deal with the roots system thus it keeps growing back.
  7. If you buy a boat you might regret it, if you don't buy a boat you will probably always regret it. Having had a steel boat, don't buy a rust bucket and remember it's the inside rust that matters, not the outside rust. .
  8. I was planning in mooring up the boat for the two coldest months of the year and travel to warmer climates. I am interested in talking to your mate, there might be a deal to be had for both of us. Could you arrange this?
  9. I am thinking of doing exactly the same, but I am looking at spending time here and in France over the next few years. I am lucky, I have retired so I won't be wanting to stay in one place. I would strongly advise you to join http://www.canalworld.net/ and use there forum. A wide beam narrow boat is I feel better than just a narrow boat, however you must check that you can pass through all the locks etc. There are plenty of boats for sale on http://narrowboats.apolloduck.co.uk/ with wide beams on http://narrowboats.apolloduck.co.uk/listings.phtml?cid=72 . I lived on a steel sailing boat for 7 years, steel boats rust on the inside mainly; and that's hard to treat without ripping the insides apart. Living costs are covered on http://www.canaljunction.com/boat/liveaboard3.htm which is also a very good site. You only get one lif, go for it.
  10. "We had all the numbers including the bonus ball Mable,........ we spent the lot on our very first home!"
  11. I think you will find the pharmaceutical companies have the USA by the balls and are very happy with the situation as is. According to the film Sicko, they spend $300,000,000 every year on lobbing congress to keep it where it is today. Obama failed so far in making the changes he promised, I guarantee you he won't get anywhere in his promises to re-jig the system. It's criminal what goes on, but too much money is made running it how it is now.
  12. Very well written especially about stepping out of line!
  13. I have given correct and genuine actual examples more as warning on what to look out for, not to put you off. Yes I found the medical side of America it's worst fault. Maybe it affects me more as I do not have good health, but we are all getting older and you may settle there. It's always best to rent before you buy if you go. There is of course those benefits of very cheap housing, potential bigger pay packets and lower outgoings and as I said, the weather! They speak English (in the main) which is also a bonus and when you arrive with a work permit you are accepted as one of them unlike so many countries. Do not treat too lightly the unemployment situation, it's pretty grim out there and in my opinion getting worse, but then again it's not exactly great here! I will reiterate, if I were young I would not live in the UK, not now, we lost what was great about being British. I spent the last 7 years abroad mostly in the Caribbean wearing shorts and t-shirts.......I loved it.
  14. When looking at insurance costs you must look at the deductibles (how much you pay per claim). I know one family who said the insurance cost for the whole family was only $8,000 per annum, however he had to pay the first $20,000 of each and every claim! Basically, the lower the premium, the higher the deductible. You may easily find you pay a high deductible to see your GP. When you look into the fine print of health insurance there are loads of shocks.
  15. Arnold Schwarzenegger broke a leg skiing in 2007, his bill was over $50,000 and that was not even everything! I am sure you can google that. My brother lives in Chicago, he trained as a doctor and he tells me the medical costs! Just 3 days in intensive care is $15,000. The problem with insurance for health care is the companies are there to make a profit, they do not like paying claims and will drop you given any reason. If your obese; you might even get insurance, that is what happened to my brothers partner. They obviously will not want to insure pre-existing conditions. My brothers former partners father had a stroke, he was covered by insurance for precisely a year, then the insurance finished and he lost his house! He needed to be in a care home. If you have seen Michael Moore Sicko http://en.wikipedia.org/wiki/Sicko in that film a spray for asthma cost $200 and in Cuba 5 cents, I guess you can buy it anywhere else for $10 or so. I use a GTN spray, when I was in the Caribbean it costs $8.75 in the BVI's and in the next island in the USVI's it cost $187.50 I kid you not. In a US hospital you get charged for everything, a box of tissues will not be cheap, my friend who was knocked of his bike showed me his hospital bill, he got charged $175 for a Dr popping his head around the door and asking "How are you today" listening to "OK" and then replying "Good"! I think and I am not 100% sure of this an ambulance ride is at least $1,500. As for the UK health system, well I have had both heart attacks and two strokes, I can tell you I have no complaints at all. I had a triple by-pass within 4 days of needing one. I fully accept if you have cancer there are many examples where delays are utterly unacceptable, having said that you can have insurance here. For what it's worth we have a system worth defending here. Chicago is a wonderful place but check out winter temperatures, it can go below -20 when tyres can come of their rims and it's not called the windy city for nothing. I lived abroad for 7 years and will live abroad again because it's too cold here for me with my failing heart, as I stated before I encourage the young to investigate living abroad, the UK quite frankly has many issues that have ruined this country, add the @rap weather and it's not the best place to live anymore. America is not on the top of my list to live in, but that's just my opinion and I have lived there, we all look for different things. I do not mean to be negative about America, I simply wish to make a few important points known. The states is certainly cheaper for many items including food, eating out etc. The top city to live in as voted year after year is Vancouver! I just love Canada.
  16. I am much obliged, I just came back from seven years abroad. In this case it just makes the problem worse and probably add a few more years to the length of time to kill it.
  17. As I said, it will take 5 years to kill the weed so I would not accept that a specilist can kill it sooner.
  18. I go to the US and have a brother who lives there. I was in Florida for 7 weeks and returned just 4 weeks ago. Not all houses are timber framed, some our concrete or brick. There was an explosion of timber framed building in 80's and 90's. You can have termite guarantees if you have an annual inspection costing a couple of hundred dollars. There are bargains galore out there and in my opinion no sight of a turn around in the house market for at least 18 months, unemployment figures just keeps looking grim. I am not sure the US can get out of the long slide of decline due to it's budget deficit. I feel the biggest issue when contemplating living in the US is the health system, it 'sucks' if you can not afford health insurance or become ill for a prolonged length of time. The government is proposing forcing insurance companies to offer insurance for any one with preexisting conditions, but they will charge what they like for this service. A broken leg can cost $50,000 and there is no such think as free health care out there, if you have assets, they will want paying! You can lose everything if you become very ill, take that into account because we all are getting older. Once your in the system you are obliged to pay US tax no matter where you are living in the world. You quite rightly recognize holidays are ridiculously short, maybe just one week in the first year or two building up to two weeks for many. There is far less security for employees, A friend of mine was knocked off his motor bike, he was in hospital for many, many weeks, he was sacked from Sears after 40 years of employment with zero compensation! America is a hard country, if you run into hard times it's hard to survive. Money is everything out there, I have know guys bemoaning they can't find dates as they do not have a good job i.e. earn big bucks. All these are of course sweeping statements, but I gave my green card back 30 years ago preferring the UK. My brother who has lived there for over 30 years would come back if he could afford to. he is a photographer in Chicago, he has no work at all and can't afford to see his doctor. President Bush changed the unemployment rules, you can only claim unemployment benefit for a total of 5 years in your entire life, after that, your on your own. For me the crime rate made the UK's look insignificant, 28,000 died from gun shot wounds in just one particular year. Yes you can live in a nice area, but you subject any wife and kids to nightly TV news of these going ons. Above are the issues you should be aware of, but there are obviously upsides to living in the US, the weather being the biggest one alongside cheaper housing and cheaper housing is a big draw. Having a British accent will do you a few favors if your single, it's very much the in thing to have a foreign boyfriend or British girlfriend. The US is a wonderful place to holiday in, as a country they have so much and on such a grand scale. On a final note I do not blame anyone for seeking a life abroad, the UK has gone to the dogs with no change forcomming or indeed possible, the young should find a better life elsewhere.
  19. I had this weed and you should not expect any miracle cure, there is none. I did get rid of mine, it took 5 years. The friggin thing is nuclear proof, I put buckets of sodium chlorate on the ground around it, nothing happened as such, I sprayed all the leaves with it as well, the leaves died, but not the roots. The roots (rhizomes) are the problem, they can go 5 feet down and possibly more, a lot more! They will go through concrete or so I am told, I take it it must be cracked concrete. I have seen it come up though cavity walls and lift window boards up. If you try to dig the plant up and get 100% of the root up which in my opinion is never going to happen, if you leave the smallest tiniest part of the root in the ground it will be as the terminator promised....."I'll be back". The way I finally had victory in this mother of all wars was to use a syringe full of a solution made of sodium chlorate mixed with warm water and inject this into the stem of the plant. I had to syringe the whole plant thoroughly and do this three times a year or every time when it re-grows every year for five years. I sprayed all the leaves for good measure as well. I would still add sodium chlorate to the ground as well.
  20. You get the filthy rich who have enough funds that no matter what happens they will always have funds to pick up bargains when they appear, that does not mean they are no losing equity like all of us in these austere times. I doubt these people cashed in on the boom at all, the smart money people are probably those with up to a few million who work their assets whilst trying to become filthy rich. These are the ones who would endeavor to get out at the top and buy back in at the bottom. You then get Mr and Mrs average, who's property is there home, they may want to up size or downsize or retire, they are the ones who will be thinking and saying I'm not giving it away!" and the ones who may be regret not selling before now. We must always remember that we are the rare breed, we are the ones who are better read when it comes to HPI. Our only danger is of course we hear what we want to hear and read what we want to read. Going back to the original post, yes we are in a crash and the anecdotes I posted are I am surely being repeated all over the country with similar tales.
  21. I had a good chat with a friend of mine who runs a very successful web site design company in Surrey, he has been in that business for at least 15 years. I was interested to learn that he is losing work on several fronts; to businesses closing or going under to bigger businesses cutting back budgets from 100k to 10k. He has had to let staff go and wishes he could get out his commercial property lease which still has 3 years to run. He was also bemoaning the fact that for years he had unsolicited offers to buy his company for a "tidy sum", he gets none of those now. He also added that he could of sold a property in South Africa for over 400k a few years ago, he considers he would be lucky to get 200k now. His home is on the Surrey / Sussex boarder, he says he was offered over 450k two years ago, he doubts he could get more than 350k now. His neighbour has his house up for sale, they had it for sale at 550k last year; they were getting offers for 450k a few months ago which they turned down. They accepted the last one at 450k which failed to go any distance, they would take 400k now. Another friend's son works in the city for a 'private bank', the big boss lost 10,000,000 this year and is $hitting himself over the future. he says there is a real lack of money out there and expects "nasty financial things to happen!" We can only guess what that means. I can only imagine there are those who are sitting on squillions but will not invest in anything now preferring for the "nasty thing" to happen first and then come in and buy "things" on the cheap. All in all he thinks as I do that there will be no good news for many years to come, certainly no turning of the market upwards for at least three years and that's after 25% falls over the next three years. For what it is worth I was in property investments for 28 years and I think the excrement has still to hit the fan, but it will. In my opinion the market has only one way to go and God forbid interest rates go up (which the government / BOE may not always have full control of as they appear to have at this time) because if rates go up.............................
  22. Well I was not in Seattle, so you know the market there, however as a nation, it's likly to take a second dip....in my opinion, and we all have opinions. As they don'y make crystal balls the way they used to, it's anyones guess, but I still see no reason to think US home values are about to stop falling let alone go up. I only came back for some free health care as my heart is knackered, but I will not stay here, perish the thought. It's June for Gods sake, it's actually my birthday today and it's grey....grey, it's friggin summer! I remember blue sky's when I was younge, fat chance of that now. I left in 2004 and things have only got worse here, what a dump, what a mess and prices of homes ; I mean it's insane! My advice for anyone younge is go see the world and live somewhere else! Nowhere is nivarna, but the UK continues it's decline without stopping for a breath. I hate saying it, but it's the truth. What gets me is that the UK was a world leader, it had so much to be proud of, it's just gone down the pan now.
  23. I have just returned from the US and don't agree the market is bottoming at all. I had three realtors tell me the worst was not over and that all three said there was to be no leveling off for at least 18 months to 24 months. You are right that you can buy a nice home for so much less, the home prices here a a sad joke; but that's a different argument. My brother has lived there for 30 years, he lives up north and even he pulled out of buying as he thinks the economy is just getting worse and worse; and he is the 'glass is half empty' type! It should not be forgotten that the necessary budget deficit cuts needed for a recovery have not even been agreed, let alone implemented, wait until those cuts kick in. I saw no reason to think any recovery was imminent, in fact I saw the opposite, look at the jobless figures. It looks to me and many others that the US is taking a second dip. It's worth nothing that through my contacts here in the city that the state of play is now far more of a worry than ever it was.
  24. Reigate is rather nice, with Dorking not a million miles away to the east, what's best are two pubs, the Dolphin pub in Betchworth and the Skimmington Castle just to the west of Reigate. I lived in Godstone, well just outside in a lovely lane, but not much goes on in the local villages. Redhill is indeed a dump and so is Merstham. I have to agree with another post, Brighton is well worth considering...parking aside.
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