Nabby81
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Posts posted by Nabby81
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From what I read mid car sales are decling Astra sized cars as people move to SUV
Vauxhall have a new range of SUV's coming out but not built in uk and they are already a joint venture with PSA before the sale so imagine they will move production to all varients to one location.
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Don't have the phone , was on holiday went in the sea forgot it was in pocket .SD card I can't recall TBH
I was using app called Bitcoin was quite a simply looking one , figure I am down about 1k on current prices from this
I only got the address back from finding my old transactions on bittylicious
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I brought some bitcoins 4 years ago had it all on my phone but phone went for a swim , couldn't retire anything ...lose you lose didnt think much of it
Fastforward 4 years and the price has gone insane starting looking to invest again and found my old wallet address from previous transactions . So all I have is an old address is there anything I can do with this or am I still out of luck ?
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The UK government should act decisively. This would require the continuation of loose monetary policy, a reinstatement of tax incentives for real estate investment and, of course, a real plan for Brexit and the future of London’s financial services industry.
So basically the best thing to do is to allow keep blowing up the bubble with more borrowing and tax breaks for landlords ..what utter ********
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I like how the claim to have had no help , erm your married but living with parents rent free that's a pretty significant slice of help your getting right there .
My parents dead , grandparents too I have spent close to 40k in rent the last 5 years plus the bills council tax etc ..so these 2 giving it the whole well if you don't have expensive holidays etc you can buy can jog right on
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Samuel Tombs, chief UK economist at Pantheon Macroeconomics, is not convinced by the Halifax report:
QuoteThe sudden surge in Halifax’s measure of house prices—up 3% over the last three months alone—is impossible to reconcile with all the other housing market evidence.
Halifax’s measure is the most volatile of all the indices we track. Other surveys show that the pipeline of demand is soft; RICS has reported that new buyer enquiries have fallen in six of the last seven months. Real wages still have further to fall over the next six months and mortgage rates will rise soon in response to the increase in banks’ funding costs.
As such, we expect most of the pickup in Halifax’s index to unwind over the coming months.
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Houses still seems to be going SSTC near me at insane prices ..housing so far seems resilient to anything perhaps all the cuts back on car purchases is going on housing
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48 minutes ago, UnconventionalWisdom said:
He is saying that there's a big problem, but labour did have help to buy in their manifesto- a bit worrying
Yes you get the feeling that Corbyns plans on housing being affordable come down to state aid in some fashion
This for example
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When they say sales they mean leases/loans
Funny how the BOE warned against growing debt on car purchases and when purchases decrease thats bad news .Of course ''selling '' cars produces alot of jobs however when those jobs are funded by growing debt eventually the party is going to stop ..seems like the music just got turned off
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The so-called silver economy appears to be the driving force behind growth in the UK housing market, with those aged 66 and over the only age group to see an increase in the number of property exchanges over the past quarter.
Although the period between April and June has seen 17,000 (6.2pc) fewer home moves overall, there were 1pc more homemovers aged 66 and over compared to the previous quarter, and 55pc more than during the same period last year.
By comparison, the number of homemovers in all other age brackets has fallen over the past three months, with those in the 18-25 and 26-35 age groups seeing the biggest drops.
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26 minutes ago, spyguy said:
The website calculator is to get you in. 4x is the absolute upper limit HSBW will lend you.
The formal application will ask for recurring spend and remove it from income.
Using your 50k, theyll remove 1k for ctax, 1k for utils, ~5k for cars/travel.
If the kids are pre school age and in childcare, thats going t cost ~1k/m - Mine did.
That 50k quickly becomes 35k which theyll apply a lower multiple - 3 x = ~100k mortgage.
You are correct I did the calculator on website gave me a decent mortgage total , went into branch gave them my childcare figures and halved what they were prepared to lend.
http://www.cityam.com/273050/uk-must-get-off-help-buy-binge
QuoteIt's been clear for some time that housebuilders are hooked on the help to buy drug.
Now it seems the government is, too.
In a bid to ensure that the Tory party conference has something to unveil, Theresa May has confirmed that an additional £10bn will be pumped into the scheme, helping (we are assured) another 135,000 people get on the housing ladder with as little as a five per cent mortgage.
Be interesting to here Labours response because they were keen to keep the policy in their election manifesto ...
For those buying I suspect they will end up trapped , once they use the HTB loan up on the new build people buying from them can not and have to stump up the full price and I suspect many won't .Shared Ownership is another shambles , article in Evening standard last week showing how great it is couple buy 25% share property has increased 75k since they brought so they have more equity ..they fail to mention the part where the 75% they don't own has gone up more than their 25% so yes they have gained some equity but that has been eaten up by the growth in the larger share .Basic maths if the property goes up 100k and you own 25% thats 25k for you but 75K on top of the price so actually your now 50K further from owning plus interest !!!!!!
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Well the general receiption to this has been negative so far and its been called out for what it is ..a prop for housebuilders.
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1 hour ago, rantnrave said:
Lots of relevant threads this can go on (from yesterday)
Funny you didn't get many blow for renters / potential buyers when the prices where going up in double digits but a 0.6% drop and its headline news !!!
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1 hour ago, Option5 said:
The other issue here is that Boeing employ directly or indirectly several thousand people in the UK (16.5k was a figure being bandied about). We're probably going to get caught up in someone else's fight with no control over the outcome.
From the Guardian
QuoteBoeing issued a polite but firm reminder to Theresa May that it employs 16,500 people in its UK supply chain and last week broke ground on a new facility in Sheffield.
The Prime Minister may find it difficult to keep her new best friends in the DUP sweet while not offending such an important employer in the rest of the UK.
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11 hours ago, regprentice said:
My dad works in double glazing. He worked on a new block of flats where the developer had sold every single flat offplan to overseas residents. Largely China but also in the middle east. Quite common in Aberdeen til recently apparently. Any size/class/purpose property.
I would call 1/2 bed flats FTB properties and its well known these are marketed overseas .Also the latest craze is student accommodation being built to sell to overseas investors
https://www.theguardian.com/artanddesign/2017/sep/11/britains-shamefully-shoddy-student-housing
QuoteThe growth is also being fuelled by some of the most powerful backers in the world. Since the slowdown in the high-end residential market, the kinds of overseas investors who were originally pumping their hot cash into the super-prime apartment bubble are now funnelling it all into student flats. It may seem unlikely, but these grim tankers of rabbit-hutch digs are where the sovereign wealth funds and ultra high-net-worth individuals are now choosing to park their capital.
Advertisement
According to Savills, the proportion of international investment flowing into the market has almost doubled in the last two years, with £1.2bn coming from Singapore alone in 2016. Around 25,000 new units have been completed for the start of this academic year, while a further 14,000 are already under construction for next year, with developers sniffing around the “emerging markets” of Bath, Canterbury and Cardiff, now that Liverpool, Manchester and Leeds have reached saturation point. Across the country, sites that were originally allocated for housing are finding themselves sprouting blocks of student flats, as they represent a more “viable” proposition for a quick return. In central London alone, there are around 4,000 student rooms under construction, with over 8,000 more with consent or in planning.
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2 minutes ago, rantnrave said:
Tories have the perfect excuse in Brexit to allow a HPC and deflect criticism from themselves. They had a great opportunity in 2010 to blame Labour and the GFC for falling house prices, but they bottled it and reinflated the bubble to win in 2015. With FLS, HTB etc, Osborne may have won that battle for the Tories but lost them a war.
Corybn I suspect would love prices to fall but you can be sure if there was a HPC Labour would use it as an attack on the Tories ...which is the problem with politics in general instead of working to make the country better parties spend there time attacking each other.
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Well Uber have wrote an open letter apologizing and Sadiq Khan as asked TFL to arrange a meeting with them ...expect they will get their license back fairly shortly .
All a storm in a tea cup ..Good for Uber standing up for all its hardworking drivers , of course once they get driverless cars they will get rid of them with no redundancy etc so overall it just a few more years in the game for the drivers
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2 hours ago, Si1 said:
I had an online argument with a very unpleasant landlord who lets out properties in the East Midlands and Luton. He says prices are rising and he's able to increase his rental prices 5% per year. Is this true for the area?
I'm in Luton landlord just put my rent up 9% but im still a good way off the rest of the area so I cant complain really ...
Rents have gone up alot recently though im starting to see some reductions. I think the area is getting oversatuated with rents now ..i hear places for sale are dropping prices now as well.
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https://www.ft.com/content/c464354c-105e-3f91-afda-fc32a28e96e9
http://www.zerohedge.com/news/2017-09-22/pound-flash-crashes-after-moodys-downgrades-uk-aa2
QuoteMoody's expects weaker public finances going forward, partly linked to the economic slowdown under way but also reflecting the increasing political and social pressures to raise spending after seven years of spending cuts. Since 2015, the government has been finding it increasingly difficult to implement the spending cuts that it has been targeting, in particular on welfare spending. More recently, the government has yielded to pressure and raised spending in several areas, including for health and adult social care. It also agreed to above-budget pay increases for some public sector workers. While these additional expenditures will be funded out of current budgets, the pressure to continue to increase spending in the coming years is likely to remain high, in particular on health care and the public sector wage bill.
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See so much of this crap in my own town
QuoteYou know it when you see it. Blunt cliff-faces of tiny square windows, piled as high as regulations allow, like stacks of construction-site cabins the builders forgot to remove. Sometimes topped with a jaunty quiff, or dressed in a lurid harlequin costume as if to scream “Youth!”: these goliaths are sprouting across Britain, lumbering into its towns and cities like container ships run aground.
This urban disease of mean-minded, pile-em-high cells is not a new government prison programme, but actually purpose-built student accommodation (PBSA). It is one of the most lucrative sectors in the UK property industry, currently worth £46bn, with developments completed this year expected to total a record £4.7bn. But is it time to stop this tide of tacky tombstones? Are they spoiling our built environment?
QuoteAccording to Savills, the proportion of international investment flowing into the market has almost doubled in the last two years, with £1.2bn coming from Singapore alone in 2016. Around 25,000 new units have been completed for the start of this academic year, while a further 14,000 are already under construction for next year, with developers sniffing around the “emerging markets” of Bath, Canterbury and Cardiff, now that Liverpool, Manchester and Leeds have reached saturation point. Across the country, sites that were originally allocated for housing are finding themselves sprouting blocks of student flats, as they represent a more “viable” proposition for a quick return. In central London alone, there are around 4,000 student rooms under construction, with over 8,000 more with consent or in planning.
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7 hours ago, slawek said:
"The reputations of the U.S. and U.K. as good places to live and work are in free fall among some of the world’s most mobile and cosmopolitan people."
QuoteExpats also say the two countries’ quality of life is declining by other measures, especially the affordability of child care and health care in the U.S. and housing in the U.K.
I'd say those where issues without Brexit/Trump especially the housing costs in the UK
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Do me nut in for a whole load of reasons some listed already but my current annoyance is the price increases dropping 0.1 so they are still going up !! Yet this is talked about as bad news as if this drop will leave the country in turmoil
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36 minutes ago, Barnsey said:
Nationwide basing their report on 80% LTV, are FTBs really just buying 1 bed flats at age 30? Maybe I have to drastically lower my expectations for home ownership.
Wouldn't surprise me if its FTB buying 1 bed flats , if they need something bigger its because they have kids try getting a mortgage as a FTB when you have outgoings for childcare they don't wana know
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17 minutes ago, rollover said:
Frankfurt hopes to become 'little London' after Brexit CNBC
Many residents are worried about being squeezed out of an already expensive property market in a city some have dubbed "Bankfurt".
At a press conference to outline the findings, Schwebel was forced to defend the city's record on providing affordable accommodation to locals.
Sounds like London already !!
Who believes the BoE will raise rates in November ?
in House prices and the economy
Posted
Indeed lets keep rates low so people can keep borrowing into infinity ..because its worked so well for the last decade ..FFS