

tim123
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Everything posted by tim123
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Yes they can be done by the tenant, but that doesn't mean that that aren't part of the assessment (they are) and there is no chance the NT will press for lighter enforcement for listed properties so that they can be upgraded to improve EPC rating. They (the NT) are the current drivers of the ever more ridiculous rules that we do have. tim
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Service Charge On N/b Freehold Detached House ?
tim123 replied to timebandit's topic in House prices and the economy
It is just plain wrong to say that councils don't adopt new build estates - they do. However, with mixed developments of houses and flats it is quite common for some of the expense of the shared grounds to be billed to the houses (as well as the flats). But 75 pounds per month is way off the top of the scale for such a charge. 75 pounds per year would be nearer the mark. tim -
Uk Tourism To Lose 3.5 Billion Due To Olympics
tim123 replied to The Masked Tulip's topic in House prices and the economy
Really. The only figures that I can find show that less than 10% of the costs was the cost of the land. And that was before ths silly overspend on security etc was added in, so ISTM that around 5% of the final costs will be the cost of the land. If you have different "verified" figures please post them tim -
Uk Tourism To Lose 3.5 Billion Due To Olympics
tim123 replied to The Masked Tulip's topic in House prices and the economy
Except that June is not prime tourist season August is! (I was in Poland the week before the football started, most hotels were less than half full, as is normal for that part of the season) tim -
Brum High Speed Line Gets Go-Ahead
tim123 replied to Trampa501's topic in House prices and the economy
because it doesn't To give one example the A14 improvements of about 20 miles is reckoned to cost 1.4 billion, that's almost a 100 million per mile Other widening schemes are similarly priced tim -
Major Mortgage Reforms Pushed Through By Meps
tim123 replied to thecrashingisles's topic in House prices and the economy
IMHO you've got more chance of winning the lottery with a ticket that you find lying in the street tim -
Are Any Of The Long Time Bears Actually Looking For A House
tim123 replied to TheCountOfNowhere's topic in Anecdotals
I'm still looking, but only at properties that are priced competitively. Though it is rare that I see one that matches my "must haves", let along the desirables. Usually they are repos in poor condition [1]. Currently looking at a couple under 100K, as I'm more flexible on my offer there. For a 10% over-priced house, at 90K I'm not going to notice paying 5% over the odds, and the vendors is not going to notice 5% off, like we would at 250K. tim [1] Currently looking at one originally sold for 138K now priced at 95K! This isn't the "normal" local discount, it was blatant (and IMHO obvious) overpricing when originally sold (but the banks valued it and some mugs paid it!). Someone's taking a hair cut whether it sells at 90K or 100K. -
Pie Eater Pickles Prepares Another U-Turn
tim123 replied to righttoleech's topic in House prices and the economy
No they are not saying that. They are saying that they shouldn't be rated as a separate property and that their value should be included as part of the principle property, which may, or it may not, mean that the principle property moves up a band or two. tim -
I used to work of one of these zombie companies. They had a 20 million pound turnover and employed 400 people. They were market leader in their sector with a well respected product, but is was the ultimate in optional purchases. When times were good they tried to develop their product range too fast and had 20 million in debts. Then demand for their product collapesed and they were effectively worthless. What should the banks do? Pull the plug and write off their 20 million or let it ride and see if demand returns? Well they did the latter, 200 of us (including me) got redundancy, but the other 200 kept their jobs and the company is ticking along waiting for demand to come back agin - which it will - eventually. Is it bad for the economy that this company is left in a zombie state for 4 years - I think not. The alternative is worse tim
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Chancellor To Try To Get His Hands On Savers' Money
tim123 replied to inflating's topic in House prices and the economy
"The Chancellor has told Treasury officials to find ways to persuade savers to transfer billions of pounds held in bank accounts" I can answer than easily: pay me 6% and you can have it tim -
and risk getting stuck for the costs of a court eviction. It's not a one-way bet! tim
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Don't be silly. Do you really think that Building Regs allow houses with a design life of 50 years before falling down to be built? I very much doubt that they would fall done in 200 years. (That's not the same as not needing new windows etc) tim
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A normal "tiny" new house. And I was assuming an "infill" build alongside a road already in situ. For a large estate you'll have to build access roads and pay more for the construction of mains services, but you'll also get economies of scale for the actual build, so I suspect that the total cost (per house) is similar (but don't actually know!). tim
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Germany is different from the UK because there are very large tax savings from "self build". Consequently a large number of people are reuctant to buy new build properties because of tax disadvantages. So what happens is, when a developer gets permission for an estate of houses he sells off half of the plots to self builders who then (usually) commission their own builder to build (externally) the self same house that he would have built, on the plot. Though very occasionally people do literally "self" build. tim