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House Price Crash Forum


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Everything posted by the_duke_of_hazzard

  1. Haven't read the whole thread, but the answer's simple: rent and save. I live in 'prime' SE London and pay relatively little. PM me if you want advice.
  2. Ask for a 40% loan for the deposit for a share of the profits.
  3. http://www.google.com/trends/explore?hl=en-GB&q=house+price+crash&geo=GB&date=1/2005+61m&gprop=news&cmpt=q&tz=Etc/GMT-1&tz=Etc/GMT-1&content=1#q=house%20price%20crash&geo=GB&gprop=news&cmpt=q&tz=Etc%2FGMT-1
  4. Hang on, Cherie Blair is leading the judicial review into BTL tax changes? I mean, WTF? Why not get Goebbels to lead the Nuremberg trials?
  5. I don't think this sounds bad at all. Much better value than the crappy shared places I lived in. Of course when the people on benefits move in it will be interesting to see what happens...
  6. Indeed. 'We don't need to be chasing sales _that can't be made_.' should be the quote.
  7. I'm moving mine into my pension so i can get the tax back. Instant 40% 'uplift'.
  8. Barclays had a pay round recently, and many have left following that, as well as the usual attrition. These positions are not being filled. We managed to get one person replaced, but the decision to replace had to go all the way up to the CEO.
  9. Just been phoned (after two years) by a local EA in my prime area. I can only imagine they have suddenly become very bored after April 1st... I mentioned that I was 'waiting to see what happens after April' and definitely not buying for over a year (for personal reasons), and they said 'yes, the stamp duty change'. They were happy to keep talking, and send me bumph via email, which hasn't happened before. Along with the usual lies about the local area being very buoyant...
  10. Rentals have been in oversupply in London since as lond as I've been in the market (ca 20 years now). I pay barely more in rent on my current place than the original asking price from 7 years ago (about 5%). This is so-called 'prime london'. Meanwhile prices are up 50% or more.
  11. Much ado about nothing. If you're over 40 you should put the money in a pension anyway. As should the younger.
  12. Boutique ones take more risk. The mass market ones try to hedge their positions more, but still take some risk.
  13. For the first time in a very long time I've seen a couple of props being auctioned on RM in SE21 and SE24. The date? March 30th.
  14. It's a boutique gambling shop - they take large bets on things that other bookies won't take bets on, and those that appeal to city types.
  15. Something not right about that graph. About 450 new to market, and about 150 more for sale. Implies 300 sold. LR currently shows 7 properties recorded sold in SW8 in January. What happened to the 300?
  16. Foreign visa applicants 84% down YoY - so how many is that? Basically means that number fewer properties over 1m are selling compared to last year. So who is going to buy those flats if they don't? It's not like there's a ton of local workers ready to buy when they hit 900K.
  17. I may be imagining it, but I'm not seeing properties 'fly off the shelves' so fast so far this year. Of the last 40 I've tracked (since 8th feb), 3 are under offer, while 3 are marked as 'reduced yesterday'.
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