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Sunderthine

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About Sunderthine

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    HPC Poster
  1. Sunderthine

    Letting agent "exclusivity"

    Hi All - looking for some advice for a friend who's getting extremely anxious trying to get into a new house share. She viewed a place earlier this week through a letting agent, with whom she has no contract/agreement etc in place (basically walked in off the street, said "I'd like to view this place in the window" and arranged a viewing for the next day). After viewing she was keen to move in at 325pcm... then the agent dropped a £1600 fee bombshell. Obviously that's ludicrous and she told them no deal. During the viewing she became friendly with the in-situ landlady, who has since asked if she's keen, and had to be told unfortunately not, due to the steep fees. Landlady was appalled and said she had no idea the agent was taking that much, and will now not be using them. She's offered my friend the room privately, with an agreement to draw up tenancy agreement, do credit checks etc much more reasonably. Obviously that could be a bit of a minefield, but my friend has another concern... She's been told by a third party that she will be breaking some kind of contract by organising this rental privately and could have the agent coming after her. To me this sounds like nonsense. She has no agreement with the agent and owes them nothing. The deal between the landlady and agent might be a different story (maybe she'd have to pay some sort of finders fee, exit penalty from her agreement?), but that's her lookout. If anyone has knowledge or links to resources on this kind of thing I'd really appreciate it. As much as I want to tell my friend she's fine to go ahead, nothing would surprise me in this sick little unregulated market, and I don't want her falling foul of some absurd rule. Thanks!
  2. Correct. It's quite rare to find an employer who doesn't have at least a couple of periods through the year during which holiday is mandatory / off limits. Many employees are TOLD when their holidays will be, to fit the needs of the business. All perfectly legal.
  3. Sounds familiar. Back office banker here. It won't be long before exorbitant bankers bonuses are in the spotlight again - the final stages of performance reviews have just finished at my notoriously profligate, major corporate bank employer. Here's how those grades break down (in ascending order of attainment): D - Fulfil all your contractual obligations, meet agreed targets in all metrics = Dismissed, actually or constructively C - As above, plus a bit of overtime if needed = Shortlist for redundancy / keep job with paycut B - As above, plus at least 2 hours a day of unpaid overtime & semi-regular weekends, ad hoc projects resulting in cost savings at least equal to your own employment cost, national/international travel with minimal notice and less expenses, unremitting subservience towards management = Keep job, payrise/bonus less than 2% salary A - Play golf with the boss, general sycophancy = Bonus of 50 - 75% of salary, promotion
  4. It's OK, as the article says, they're working it so that there won't be any conflicts of interest. Things like, I dunno - David Willetts MP, who has close ties to and shares in companies like SensorTec, Universal Sensors Ltd and Cawood Inc. (developers and manufactures of bio-sensors) could never be allowed to look after Novartis (developer of the world leading Procleix Tigris bio-diagnostic and sensing system). That would never happen.
  5. Myself & missus both 30 next year, no kids 1 cat Renting a flat Combined income of 35K, jobs we hate, pretty much no scope for improvement Savings of 48K which will definitely not be used as a deposit on a house. Kept in GBP ISAs, will no doubt be inflated away within next couple of years - couldn't give a damn any more, nothing worth buying with it anyway.
  6. Myself & missus both 30 next year, no kids 1 cat Renting a flat Combined income of 35K, jobs we hate, pretty much no scope for improvement Savings of 48K which will definitely not be used as a deposit on a house. Kept in GBP ISAs, will no doubt be inflated away within next couple of years - couldn't give a damn any more, nothing worth buying with it anyway.
  7. Must get a sale on the board. Solution, market own ramshackle office as house. http://www.rightmove.co.uk/property-for-sale/property-19184553.html Only round the corner, might go have a nose this week
  8. Sunderthine

    Have You Revised Your House Price Crash Prediction?

    Not strictly for this thread but I couldn't find anything more suitable in anecdotal: Couple I know - he's on £20k, she £15k, they have a £14k deposit - offered £150,000(!) mortgage by Halifax. ...............Credit availability not a problem................. Today put in an offer on a 2 bed semi in a scummy part of town, on at an already ludicrous £139,500 - their offer? £141,000 ladies and gents. ...............Joe public convinced that prices are on their way up and "bargains" need to be "snapped up".......................... Job done. Defeated. **** buying a house, I'm spending my life savings on yo-yos, guilt free.
  9. Sunderthine

    Planning A Revolution.

    + loads very, very good.
  10. +1 "That's a lot of landlords at the mercy of circumstances beyond their control" What, market forces? Cash flow? Resource management? Basic principals of every capitalist business venture ever conceived?
  11. Sunderthine

    Caption Competition28 It Special!

    Office "Computer Whizz" shares semi IT literacy with co-workers - More knowledgeable Task Force called in to fix resulting carnage
  12. Sunderthine

    Bournemouth

    Don't suppose anyone saw the "Survival Street" item on Meridian this evening? Never seen it before, but the basic premise seems to be a running experiment: Limited self-sufficiency, combined with radical concepts like swapping stuff, helping each other etc. Is it... what is it? A community? Something like that... Anyway, following tonight's report on "Freecycling" (swapping stuff) and twee exhortations from Fred Dineage and his co-host, we get "an opinion from our resident property expert"... Cue a grey man in a grey suit reporting that this week all "properties" had risen in value by 3%! Back to Fred and woman - "Good news for the residents of Survival Street then!" - maybe so guys, but is that not completely f****** irrelevant? Maybe you had to see it, but the incongruity of this "positive" tacked-on newsbite, and the hosts apparent obliviousness to the absurdity of it struck me dumb. Grrr :angry: Thanks for listening
  13. Sunderthine

    How You Calculate The True Value Of A 'house'

    Agreed, of course - Not everything is worth what you may pay for it, but that doesn't change how much it cost you. There's no questioning the relevance of charges in calculating value, they should be disregarded. My post required an edit...
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