Sibley's Love Child

My attempt at sarcasm backfires spectacularly.

Don't be daft, there'd be rioting on the streets if you suggested, let's say for sake of argument, 200 million pounds of taxpayers money would be used to price themselves out of a home. Each and every year? You've got to be kidding.

Hmm yes, perhaps they can come with a disclaimer...

I've been thinking of this for some time now, it may well be the height of tackiness but how about HPC themed merchandise like t-shirts etc. You could have the HPC logo with some witty slogan around popular culture references. 'some people dismiss HPC as all about Laffer curves and sine waves, but it's much more serious than that' or 'the first rule if HPC is you don't talk about HPC' you get my drift. Also, as HPC is largely anonymous it'd be a masonic-esque way if identifying fellow crashaholics... What do folk think?

Close, Mytholmroyd. Beautiful area as you say but it's suffered the same fate as much SW England.

My old man lives in the next village. I despise 'ebden for the reasons others cite, a no-mark Northern town appropriated by the Guardianistas pricing-out the locals fecking double standard liberal tw*ts. Oh, good luck to your sister, mind.

King made it explicit last year he won't be having any of this wage inflation malarkey, now get back to work you 'orrible lot, tea break's over.

I might be wrong and my aged, rheumy eyes may be failing me but that looks like a '7' on the porch-way? Cr*p, I hate being wrong.

I feckin' love the tinterweb. 7 Wrensfield, Marlow last sold in 2004: 2004-04-16 7, Wrensfield, Marlow, Buckinghamshire, SL7 2RB Detached, Freehold add details... £495,000 Ker-bloody-ching.

It's a simple trade-off, for something like each minute (in commuting terms) further away from London it costs a grand or so less to buy a house but that's off-set against increasing travel costs. Any gain made by living further out is eaten up by the cost of transport. Ricardo's Law at work I guess.

'Critics says it is down to extending expensive credit – at an interest rate of 1% a day – to people who are unable to get money through conventional, cheaper avenues'. Yup, just about cracked it; there's your problem right there. Presumably the concept of refusing credit is some form of human right infringement or sumfink.

Yup, he and Sentance were the only MPC to consistently vote for raising BR. Then again, since Sentance was replaced by another f*cking dove Weale's been consipiously silent on the matter. Blanchflower will be wheeled-out next in the Evening Standard praising King's acumen and solid helmsmanship.

I wouldn't even pretend to know. I can't see unemployment being the catalyst (for the next leg-down) nor BoE. Ideally a combination of ultra conservative lending and a glut of distressed props would be just the ticket.

I doubt it will amount to much to be honest, sure there'll be a pick-up in transactions in Feb & March as fence-sitters diving in followed by a dead April/May. Transactions overall for 2012 will be largely unchanged from 2010/2011 levels. The key thing for me is the all-but cessation of IO loans on behalf of the largest lenders ie Santander. Minimum 50% LTV from 75% LTV and no proven repayment vehicle, no deal. Looks like the lenders are already pre-empting the FSA's MMR. Also, I guess once lenders have sufficiently recapitalised a la Basel III then they can give-up the forbearance and start possessing properly; get those bloody distressed props on the market and it'll be 'fun time Frankie'.

Ah, so this is what it looks like when a Ponzi-scheme collapses in on itself. Sorry suckers, you were the last entrants; you're going to have to do it the good ol' fashioned way and pay down the f*cking debt. No magical HPI fast-track for you, that was so pre-2007. "It is vital that this group of home movers receive more support and attention as they play an intrinsic role in getting the housing market moving again." We own land; give us money!

Phew, just as well the annual wage inflation has been running well in excess of 4% per annum. Oh, wait, hang on.

Quelle feckin surprise. Successive govts have been pushing these putrid schemes for all they're worth. Shapps is simply taking up where the cyclopean f*ckface left off. Not so much a panacea to a lucky few thou' FTBs as a hefty subsidy for Persimmons, Barrett & Bovis bottom-line.

This is hardly an original concept. Still, good for you fella I can see you put some effort in. Well done you.

Yup, I recall the same case a few months ago; presumably it's case law now after setting a precedent. What a crock of sh*t.

As others have said, what's the fecking point. Conspicuous in any debate around FTBs and housing is the disparity between wages and house prices. The solution, of course, is cheaper credit or more flexible terms of debt repayment. Let's face it, there won't be a step-change until there is a more sizeable minority of forced renters. Until that point, well, you lot should have done what I did as lad and bought my first house on one wage for a threppeny bit in 1976. It wasn't easy mind you, I had to save a whole month's wage as a deposit. The wife was too busy at home raising our three nippers to help with the utilties. If you lot didn't insist on p*ssing your dual wage up the wall on Chinese tat and takeaways you could have the same.

Definitely, as the old saying goes, how do you know when an EA is lying? you can see their lips moving. Sure, if and when the property does show up on the Land Registry I guess it goes to show there's always a greater fool. You did right to walk away in this instance. Please update this thread accordingly in three months time.

Given that owner-occupiers are the majority (what is it, 70-odd% these days) it's illogical that the council have concocted this scheme on behalf of the 'poor, priced out FTB' ergo what is the angle...

Yet another gravity defying display from NW with a cockle-warming +0.5% Meanwhile the LR begrudgingly inches its way down south with a f*ck-you Express -0.4%

That much is true however being a homeowner and pro-HPC aren't mutually exclusive. In any event, as the % of UK as homeowners continues to fall, as i'm sure it will, the renter's vote will gain in value.

The programme may well have been re-named 'We own land, give us subsidies'. Spectacularly misses the point but, then, who would have the appetite for the unpalatable truth.