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fatbaldbloke

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Everything posted by fatbaldbloke

  1. I'm happier trapped in my 6 bedroom rented home than I would be in a house half the size that I would be paying the same in interest for if I bought. Some of the comments make absolute sense though - I'm sure the riots are only a matter of time.....
  2. Check it out on Zoopla or one of the other house price sale sites. If it went through more than 3 months ago it'll show on there. FBB
  3. An affordable average house at low interest rates is still an unaffordable average house at average interest rates
  4. I wrote "IF ONLY MY WIFE WAS AS DIRTY AS THIS" on the back of my car. One slap and one car wash later and nothing had changed.
  5. Referring to the OP, surely they should be made to sell the holiday and the proceeds go to the creditors?
  6. I work for a large Cisco gold partner and have noticed a few people disappearing from Cisco particularly in the Datacentre team and in the service provider business
  7. We had an "almost" power cut this morning! From about 0800 until 0900 the power seemed to be a lower current. Some devices wouldn't work at all whilst others eg lights would work at about 20% of normal brightness. Anyone else get anything like this?
  8. Unfortunately all the benefits scroungers layabouts and scumbags don't pay taxes so won't be bothered to getup off their lager filled arses. As usual, it'll be us hard working family types who'll have to foot the tax bill and we're far too polite to cause any more bother than to vote for someone else at the next election.
  9. Banks didn't stop lending to consumers. They continued to loan to people who met their more stricter lender requirements. As long as this continues then nothing changes re the Property Crash. It's on and prices will fall to the point where valuations meet lending criteria.
  10. Maybe because the market has been run by Cheats. Charlatans and C**ts?
  11. If you had purchased £1000 of Northern Rock shares one year ago it would now be worth £4.95 With HBOS, earlier this week your £1000 would have been worth £16.50 £1000 invested in XL Leisure would now be worth less than £5 But, if you bou ght £1000 worth of Tennents Lager one year ago, drank it all, then took the empty cans to an aluminium re-cycling plant, you would get £214. So based on the above statistics the best current investment advice is to drink heavily and re-cycle.
  12. Perhaps they haven't realised that to rent, they need to change the terms of their mortgage and whilst they thought they just needed to cover their mortgage with the rent, didn't realise they actually need 125% so are effectively pricing themselves out of the rental market?
  13. These Staff are the ones who primarily work and interface with the Investment banking sector eg Lehmans Account managers/fund administrators etc. Given the reduction in the number of Investment banks and the number of transactions they will need less people to service this part of their business so makes sense to reduce the heads.
  14. We never really mention the French on here. I think they're up to something....
  15. The Schools in Newark are all atrocious. The main comprehensives are all sub 40% in terms of achievement with poor Ofsted reports. Most of the Lincoln ones are around 50%+ The house I sold was on Fernwood. Quite possibly some of the cheapest houses in terms of £/m2 in Britain. But development still not complete (so developers offering huge incentives/discounts on the new houses) 7yrs after starting, promised school rescinded and the eventual business park opposite all held back price growth over the last few years. From 2001 to 2008 my house went up in value by about 45%. Not much compared to national average. Renting now in Harmston. Watching prices there's one or two starting to wake up in terms of price. One 6 bed on Newark Road in Hykeham just dropped from £485,000 in Feb to £450,000 in July to £399,000 now.
  16. I'm split across ICICI, Kaupthing and HSBC Got a small amount with HBoS (<10k) but will leave there for now
  17. Guess West Ham are in for it: Daily Telegraph XL Leisure fall leaves West Ham United owner facing major loss By Rowena Mason and Alistair Osborne Last Updated: 11:31pm BST 12/09/2008 The Icelandic owner of West Ham football club and his billionaire son are the major financial victims of the collapse of XL Leisure Group, nursing most of a £165m bad debt. Banking magnate Bjorgolfur Gudmundsson and his son Bjorgolfur Thor Bjorgolfsson, along with other investors, have personally taken on the debt owed by XL to prevent the failed travel group triggering wider collapses in the Icelandic economy. Their fear was that XL could also bring down Iceland's biggest transport company Eimskip, in which they have a controlling stake. XL's three main creditors were revealed yesterday as British bank Barclays, owed around £10m, Icelandic bank Straumur, owed £36m, and Icelandic bank Landsbanki, owed £165m. Total debts are estimated to top £350m. West Ham yesterday axed its £7.5m three-year shirt sponsorship deal with XL, though a spokesman for the club insisted: "There is no other fall-out from the collapse of XL." (Yeah right - thats why your whole first team squad was up for sale on deadline day) As XL's tearful chief executive Phil Wyatt said "ultimately I blame myself" for XL's administration, creditors rowed over who ended the refinancing talks that prompted its demise. In a last-ditch attempt this week, XL approached rival Thomas Cook over a potential rescue deal but the fledgling talks started too late. Administrator Kroll said it would be "grossly unjust" to place any blame on a single creditor, adding it would take months to work through XL's complex affairs. One insider said: "It's the Icelandic backers that stand to lose the most from all this." XL's tangled web of debts to Icelandic companies leads back two years, when the tour operator's board staged a $480m (£267m) management buy-out from Eimskip. The loan to complete the deal was provided to XL by bank Landsbanki, of which £165m was guaranteed by Eimskip. Bjorgolfur Gudmundsson, who chairs Landsbanki, is the controlling shareholder in the bank while his son chairs Straumur. Straumur pumped £11m into XL in recent months in a doomed attempt to save the travel operator but settled for buying its French and German operations at "a considerable discount". Phil Wyatt said he had worked "night and day" before admitting defeat. "We have made every effort to refinance the principal debt of the group but, despite significant interest, the group was unsuccessful." He said XL would have needed an extra £70m to survive the winter. A Civil Aviation Authority spokesman said it was likely 1,700 jobs would be lost. XL's latest accounts for the year to October 31 2007 showed pre-tax losses of £7.1m on revenues of £549m.
  18. He also mentioned that £1m City bonus's were one of the reasons why properties such as the £6m mews house were that much. Failed to mentioned how f**ked some of those will be this year and next when their bonuses have disappeared.
  19. Boo Hoo Hoo, "Tony, It's my turn to be PM now, I won't stop crying until you let me" Boo Hoo Hoo Boo Hoo Hoo "Voting public, I won't stop crying until you elect me"
  20. Is there a list anywhere of IP's who are selling or a lsit of regular property auctions?
  21. Just used by NR as another mule to make more money
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