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About maxim

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  1. EMA is explained here:- http://ema.direct.gov.uk/ Tony and Gordon brought it in a few years ago to buy yoof votes. Another explanation can be seen here:- http://en.wikipedia.org/wiki/Education_Maintenance_Allowance
  2. Was it this Liam by any chance? http://www.guardian.co.uk/politics/2008/no...ister-diva-news if Gordon gets in at the next election, Britain could be blessed with another five years of Byrne, along with Harriet, Peter, Wee Dougie and the rest of the gang As for themes, Gordon seems to have been advised to repeat "I/we will not walk away" whenever he gets the chance...
  3. Ann has an interesting career history. Friend of Margaret Beckett, amongst others:- http://en.wikipedia.org/wiki/Ann_Pettifor
  4. Bang on point if I may say so. In addition to the above, the Government changed the mortgage possession rules earlier this year, making it more difficult for a mortgage lender to recover possession of a mortgaged property when the borrower was in arrears:- http://www.justice.gov.uk/civil/procrules_...arts/part55.htm and also:- http://www.justice.gov.uk/civil/procrules_...ls/prot_mha.htm Another prop for the market can be seen via the web site of the Council of Mortgage Lenders, who seem keen to work with/support the Prime Minister and his colleagues in the Government in their aim of helping hard working families to stay in houses they bought but now find they cannot afford:- http://www.cml.org.uk/cml/policy/issues/1629 the CML has joined forces with the charity SHELTER in working to avoid possession being sought/obtained. Shelter, whose trustees are:- http://england.shelter.org.uk/about_us/our...ard_of_trustees takes an interesting line on the property market, which is worth reading:- http://england.shelter.org.uk/housing_issu...onsible_lending
  5. I wonder if http://en.wikipedia.org/wiki/Georgia_Gould...r_Party_Member) agrees with Bryan?
  6. http://www.timesonline.co.uk/tol/comment/c...icle6684516.ece and http://www.lrb.co.uk/v31/n13/stew01_.html are worth a read on this topic
  7. I thought it worked in the following way: The valuer is retained by the lender, even if the borrower/purchaser ends up paying the bill The contract by which the valuer is retained will usually impose standard terms which set out the factors the valuer must take into account. Some lenders, for example, claim to rely ONLY on the value of the proposed mortgage security and not on the covenant to repay, and impose more stringent terms on valuers willing to value for them. The common practice is to impose the RICS "Red Book" principles A valuation is an opinion. The willing seller and willing buyer are hypothetical notional parties. The fact that X agrees to pay Y three times the true value of the property in question doesn't mean that the reasonably competent valuer can then say the agreed figure is the correct valuation if the appropriate comparables suggest otherwise. If it did, no valuer could be sued by a lender for negligent over valuation in a mortgage fraud case. There would be (which there is not) a defence of "Well, X and Y agreed that figure, so it must have been worth that sum" But no doubt there's a knowledgeable estate agent on here who can correct me
  8. Having lived in B&H, and liked the place a lot, I agree Another novelist who is good on Brighton is Patrick Hamilton. The vision of the town he conjours up in Hangover Square and in The West Pier is frighteningly real today, although both are set in the 20's/30's
  9. One of the best posts I've read on here for a while. Thank you for it
  10. I lived in Manchester for 4 years until 2006, initially in one of the southside suburbs, then for a year in one of the city centre flats. It's a good place in many ways. That said, I think Red Kharma is 100% right:- (1) there was little or no city centre residential property in Manchester until about a decade ago, and the place reflects that fact. There are bars a plenty, but no parks or outside space to speak of (2) the Manchester city centre is overloaded with apartment blocks built in the boom, largely consisting of 2 bed flats built for the BTL market (3) one of the real plus sides of working in Manchester is that you can live in some great places which are easy in commute terms compared to London. The cash you mention would get you a decent house in a good locality (4) Beetham Tower has had a lot of mixed reviews (5) the common professional lifestyle pattern in Manchester follows the path of qualification (early to mid 20's), partying and playing around (mid 20's to early 30's) followed by settling down with a long term partner. As the latter stages kick in, the urge for urban living tends to decline, and people move out, initially to the Manchester suburbs and then, if they can afford it, to places in Cheshire, Derbyshire or Lancashire. Staying in the city centre doesn't have enough plus points long term for many in Manchester (6) Manchester's a great place, but very different to London, where those with money have tended to live near the centre, and the residential property reflects this Best idea would be to rent, maybe initially in the city centre, and then somewhere outside, to get a feel for the pros and cons of the alternatives. Have a look at places like Didsbury and Withington and, further out, Bramhall, Wilmslow and Disley. Jumping into the purchase of a Manchester city centre flat seems, to say the least, a major gamble
  11. On the question "Why do People Blame the Bankers?", aren't there a number of reasons? One is that the management at the top of some of the banks have made a mess of their responsibilities in spectacular fashion, but another is that the politicians who made the decisions on economic policy in the course of the last decade are trying, as hard as they can, to push the dirt elsewhere. Gordon, Alistair, Ed, Yvette and their new friend Peter, the Rt Hon Lord M of F and H think that, if they make enough noise about greedy fat cat bankers, the electorate will forget the role played by Gordon, amongst others, in getting us into the present mess
  12. Rented in Brighton for a couple of years until 2007. Agree with general view on B&H agents, but had no problems with Cambridge Residential on western rd. Shown sensible stuff when viewing, repairs done quickly when needed, no hassles on departure/with deposit
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