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House Price Crash Forum

Yorkshire Lad

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    Bridlington, East Yorkshire
  1. House prices fell by 0.9% in August http://www.nationwide.co.uk/hpi/historical/Aug_2010.pdf
  2. there was a developer on there that couldnt affford to finish off the house that theyd purchased with borrowed money. He cannot borrow any more money to do the place up and blames the banks. He owes 1.5 million and reckons that 90% of other small to medium developers are in the same boat.
  3. The price I paid for our last house that we bouught was 68k, and sold it to someone for 185k. I wouldnt mind paying an extra .5% on 68k, but crikey .5% or more on 185k would probably cripple someone financially.
  4. Daily Express Meanwhile, the economy is in bits, unemployment is at record highs.
  5. Many of the jobs that were at Jarvis in rail maintenance were taken in house by Network Rail due to safety concerns following a number of incidents on the railway network.
  6. So, if I sold my house the solicitor requests documents from the original mortgage company who I obtained the loan from to settle the debt. Funds are then transferred back to my mortgage company. If my mortgage company sold my loan on does my bank get paid twice?
  7. Wall Street Journal Link Can someone explain to me how we can lend £23,000,000,000 and they still pay bonuses for a job well done. What a crock of crap.
  8. Lincolnshire Echo Its all a part of Browns jobless revovery. recovery
  9. Adrian Douglas: How much imaginary gold has been sold? http://news.goldseek.com/GATA/1255878000.php
  10. Can someone explain to me how one minute the BoE lends the equivalent of £1,000 per UK person to a bank, and be repaid back in full within 3 months. It must be some sort of miracle, especially in the middle of a recession.
  11. I liked that bit. Dont the CAB offer advice for free. A fool and their money is easily parted.
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