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Mrs Bear

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Everything posted by Mrs Bear

  1. Even if several of those 5/6 bedroom houses did become available, how many young families would be able to afford them? In many areas, prices would have to drop substantially, if not halve. It's the more modest houses most young families would like to buy, and fewer people are going to downsize from those, simply because they aren't too big to manage or heat, so people don't feel the same need to downsize. I do know of one couple who downsized from a 5 bed, 3 reception, huge garden, etc., which was on the market for ages since it had become unaffordable for many of the sort of people who might have bought it 30 years ago - when that couple did.
  2. I can understand the exemption for Australians, but why Singapore?
  3. I wouldn't mind betting it's at least the idea of all the faff/hassle/stress of it, as much as the cost. Particularly with the older, less fit and mobile elderly, esp. if they have nobody to help them. Moving always entails a lot of stress and hassle even if you are young and fit. We have neighbours in their 80s in a good sized family house who are certainly not fit, and TBH the only moves I can see either of them making now are to a care home or the crematorium. Even if they did their children would have to handle every aspect of it for them, and neither of them lives at all nearby.
  4. Presumably quite a few people are clueless, unless they've had to find out the hard way how it works. The commonest misconception IMO is that it's easy enough to squirrel money/assets away, and then if and when the time comes, hey presto, the council will pick up the tab. In fact local authorities are necessarily extremely hot on deprivation of assets, and even when family think the time has come, or is well overdue, social services will often have other ideas and (understandably enough) put off having to pick up the very hefty tab for as long as possible.
  5. I couldn't understand the hysteria over the 'dementia tax'. Anyone would think that all dementia care had previously been free for everybody, whereas anyone with assets over a pretty low level has always had to,pay. My (entirely self funded) mother who died 3 years ago had been in her dementia care home for very nearly 8 years. She had always paid rather more in fees than the local-authority funded residents - maybe half of them - for exactly the same accommodation and care.
  6. Over on the much-loved ? mumsnet, there are often threads about expensive hen do's and the CF-ery (cheeky f*ckery) and grabby Bridezilla-ness of those who expect friends to fork out often many hundreds of £s, and give up days of precious leave, too. Same applies to stag do's too - expensive do's apparently equally common. Given the general opinion on MN - largely very anti - it seems surprising that expensive bashes are still common. It must be over 15 years ago that a daughter's boyfriend was expected to shell out £500+ for a 4 night stag do in Boston. Since he was best man he didn't like having to say sorry, he couldn't afford it (or had better uses for that sort of cash) but he said it anyway.
  7. Big article in Times business section today - 'Help to Buy keeps profit rolling in for first-time specialist Persimmon.' A 13 % rise in profits, according to the article. I'm sure all the taxpayers among us will be delighted with that piece of news.
  8. My FTB daughter agreed to see the EA's mortgage advisor, who said he'd found her the 'best' deal. She then found exactly the same mortgage online for two or three hundred less in fees. Told the advisor, who then said he'd match it. So she went with him. Also used their recommended conveyancer, which I wouldn't have thought the best idea, but she had no personal recommendation locally. The sale was wrapped up extremely quickly - from offer accepted to completion in 6 weeks, which although I hate to admit it, was probably down to using in house services. And since she was in an expensive and inconvenient short term rental at the time, that was a help.
  9. But I think the penny is finally beginning to drop - I.e. that their diehard core electorate will not necessarily be enough to get them re elected, so they'll need policies to attract enough floating voters, and in particular the priced out younger cohort. Whether they'll have the wit/ sense to come up with anything effective, I.e. not more on the lines of Help to Buy (Help to Swell Builders' Fat Bonuses) is another matter.
  10. I know personally of two early 40s who have either a holiday home or BTLs. However they have been able to afford them largely because of parents dying far too young. One of them had both parents die before she'd even left school - one of cancer, the other a suicide.
  11. When HTB was first introduced I wrote to my MP saying that it was bound to help increase prices that were already far too high. He forwarded it to the then housing minister - IIRC nasty spivvy Grant Schapps - who sent me an extremely arrogant reply, saying that there was 'no evidence' that it would increase prices. I wish I'd kept it now.
  12. My brother (fit retired boomer) has been the First Response volunteer in his area for at least a couple of years.
  13. There's 'tasteful' dated, and the other kind of dated,,. A daughter's house was the other sort - things that made you wonder (regardless of changing fashions) who on earth could ever have thought that was nice. However it was perfectly liveable, clean, cared for and had so obviously been a well loved family home. Added to that, the relative handling the probate sale had priced it very competitively. I think daughter has even grown rather fond of the swirly carpets etc. - at any rate, apart from some electrical updating, she's been in no hurry at all to do it up.
  14. Should imagine it was usually BTlers who bought flats over shops. OOs won't usually want them. And what BTLer will be able to make the sums add up now, at £700k for a 2 bed?
  15. I heard yesterday of relatives' friends who recently sold an apparently very nice house on the Isle of Wight. Original asking price, £800k, sold price £500k. OK, the I of W is not exactly typical, but still....
  16. Our son in law (early 40s) can do absolutely anything - properly - in house and garden. He's saved them a fortune in bills. The only things he won't do are anything gas/electric related which need someone qualified. Well before they married I told my daughter to be sure to hold on to him!
  17. I first read that as 'oven' cleaning! - and thought 'Oh, good, no need to bother about the state of mine, then - not that I often do...
  18. I don't know what rosy, ideal planet you're on, Winkie, if you really think that 'one or two more' children won't make much difference - at least to those who are self supporting. As for children not caring whether they're in social housing or not, I dare say that would be true if all families could be assured of secure social tenancies in adequate homes, preferably with gardens for children to play in. As we know all too well, that is far from the case. Having as many children as you would like is often nowadays either a prerogative of the very well off, or else of those who assume the state will provide.
  19. I read yesterday that Foxtons had made its first operating loss, though apparently still has IIRC £11m odd cash in the bank. How far that will go with so many branches to fund, when sales are few and far between, not to mention cutthroat competition re fees, is anyone's guess.
  20. Yes, and a lot of people who are just about managing while being self supporting are also very good at having and nurturing children, and quite a few of them would love to have more than a couple, but because they're paying their own housing/living costs and very likely childcare, too, they just can't afford to.
  21. Might not have been so 'poor' if he'd cut down a bit on numbers of kids and fags.
  22. Sweden, still popularly supposed by many to be a socialist Utopia, has done away with IHT altogether.
  23. I wouldn't call that a sign of stigma as such, though - rather a legal technicality the nurse was obliged to adhere to - all down to next of kin issues. Which can equally be a bugger for 'paperless' couples in the event of serious illness, when they are not legally entitled to make decisions for someone who cannot speak for themselves. What I would call signs of stigma is people sniffily looking down their noses and/or making sanctimonious mutterings about immorality or 'living in sin'.
  24. Not anywhere around here! Maybe in the more strictly Presbyterian areas of more rural Scotland, or similar in rural-religious pockets elsewhere? My daughter who cohabited for a few years and had their first baby a few months before getting married, would laugh at the mere idea. Even my parents, who were extremely conventional, die-hard Tory types, never said a single word about me and Mr B cohabiting in the early 70s.
  25. The trouble with that, I suspect, is that in countries where bribery and corruption are endemic and accepted as the norm, there may well be no,problem in getting someone sufficiently important to vouch aka lie for the source of their millions.
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