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About moonriver

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  1. You got to laugh at the retired chemistry teacher witness who saw him, who then went home and looked up Cumming's car number plate to verify it was him. Cummings acting just blatant here, even wearing his trademark beanie hat.
  2. Thanks, let's hope that is an example of the new sold prices to come, compared to the ridiculous overinflated prices paid in the past.
  3. Interesting, I see there is a "Notice of offer - £72,000", so it must of been a repossession. Banks, willing to take lower offer than normal then, as they know the crash has started? I am not familiar at all with that area, so how much do you reckon pre-covid a place like this would of sold for?
  4. I agree and think it will be autumn until obvious signs of the hpc. By then, the extent of the economic problems will have started to become clear, plus any empty properties for sale will have an extra incentive to sell with the advent of the colder weather arriving. Here in Wales, we are still in full lockdown, so it will be June at the earliest before estate agents may be able to return to work.
  5. Maybe these are sassy sellers who have priced low now, so they could offload quick because they can see the writings on the wall? eg...from 2 of your examples... https://www.rightmove.co.uk/property-for-sale/property-76768135.html this one was asking £175k. Maybe sold for £165k-£170k? However, the same style house, same road sold in 2005 for £162950 and in 2010 for £160k. https://www.rightmove.co.uk/house-prices/detailMatching.html?prop=25767088&sale=24264750&country=england So by the time fees were paid, it must of cost this seller to offload it now. And this one... https://www.rightmove.co.uk/property-for-sale/property-65008626.html asking price £130k. Similiar terraced house, same road sold £124,950 in 2015. https://www.rightmove.co.uk/house-prices/detailMatching.html?prop=15062385&sale=24850470&country=england
  6. Indeed, 10% on everyones' shopping adds up to a lot of extra cost overall.
  7. I agree, the idea being, if there is a 2nd spike, "the powers that be" can say, its not the government's fault, its all the fault of the "foodhardy" public for breaking the lockdown.
  8. Food prices is maybe one to watch. I saw a thread on twitter recently with people complaining how much more expensive their food shop, even for just basics, had become. Most of the usual offers were not available. I have a big family and it has been noticable for us.
  9. Thanks, trust BtL'ers to have a reason to get government help. It is about time BTL'ers, like other businesses, got treated as such and were made to take their own financial risk as part of their business.
  10. So these mortgage holidays are not for free, this is what Phil Spencer on Twitter advises... Phil Spencer @PhilSpencerTV As already discussed on here though, there are probably many willing to take what they can for free now, whilst pushing what is owed in the future, to the back of their minds. Can anyone confirm if the extensions are being offerred to BTL?
  11. Amazing how BTL seems to be a business with very little risk because they keep getting help from the government. Let's hope they are not included in the holiday extension.
  12. Just heard Martin Lewis, Money saving expert, on itv "This Morning" answer a question from a FTB with only 5% deposit, as to whether to delay their purchase. to sum up he told her.... it is a tricky time to be buying a house, to get a decent mortgage now you need a bigger deposit or to have greater equity in your house, if you are remortgaging, nobody knows what is going to happen to house prices. If they plummet, lenders want more security, so they are not exposed too much and you have a very small deposit, if you can get 10% deposit you will find mortgage rates cheaper, so its worth waiting , to see what happens to house prices. There's a possibilty they will come down, (not a prediction), so you may be a lot better off waiting a year, build up to 10% deposit, so your mortgage will be cheaper and house prices might be cheaper. He finishes off by saying he can't tell her what to do, but he would not be in a rush to be buying right now... Interesting. Martin Lewis is well known and respected with the general public, so I am guessing what he says is important for sentiment regarding the housing market. Mabye that alone, could put many off buying now, who can't really afford it. (or at least encouraging lower more realistic offers).
  13. I was interested to see that 1.7million are already on this, and they are suggesting the scheme would be kept open to new applicants. With so many on it, it does look like it is likely to help delay the house price crash, but surely they can't extend this long term? Does anyone know if it includes BTL mortgages? With no impact on their credit record, there appears to be no reason for most to go for it? https://www.msn.com/en-gb/news/coronavirus/uk-mortgage-payment-holiday-set-to-be-extended/ar-BB14neOj?li=BBoPWjQ&ocid=mailsignout
  14. Looks like its all go now for the extension to that mortgage holiday, they say an announcement is due within days. 1.7 million are already on it! How long is this likely to help delay the house price crash? Or will it have very little effect? Does it include BTL mortgages? https://www.msn.com/en-gb/news/coronavirus/uk-mortgage-payment-holiday-set-to-be-extended/ar-BB14neOj?li=BBoPWjQ&ocid=mailsignout Surely if it has no impact on their credit record then most people will go for it regardless?
  15. That post really made me 🤣 ...and yes he was an item ...
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