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Scarecrow

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Everything posted by Scarecrow

  1. Update on this one, two years later http://forums.moneysavingexpert.com/showth...&highlight=
  2. The ones in Prestwick Road Ayr haven't been completed yet so it was interesting to see them on the list, especially as there's been little evidence of anyone doing much work on them recently.
  3. It is irrelevant what I, or anyone here would offer for the house, as we're in a completely different situation from the people you know. They have money in the bank, want to buy a house that suits their needs (elderly, infirm). I'm not sure that paying the least possible will be their priority at this stage in their life - I'm sure you don't want them to be ripped off, but you have to see it from their point of view so don't be tempted to bully them into doing what you think is best for them.
  4. A friend of mine bought last year against my advice and paid over the odds for even then. Mortgage of £130,000 on a flat now worth £110,000 I'd say, and heading downwards by the day. Last week she asked if I thought she'd have any trouble remortgaging when the fixed rate comes up 'Em....'. Can't bring myself to tell her how much trouble she's in. So add all the householders who don't have a clue what negative equity means to the ones who are in fear at the moment.
  5. What about the guy with £105,000 household income who claims his £70,000 salary would have to double to allow him to save more a deposit?! These people aren't in the real world.
  6. http://news.bbc.co.uk/1/hi/scotland/edinbu...ast/7593450.stm this bit is interesting Is this sort of information available for other areas in Scotland?
  7. Hazel Blears has no say over what happens outside of England so this proposal couldn't be implemented elsewhere. Presumably there's only money available for England which may cause a bit of resentment from elsewhere.
  8. These 'loans' only apply to England - sounds more llike an attempt to try to keep housebuilders afloat than anything else. Not too happy with people being bailed out if they can't afford their mortgage repayments either - I'd be demanding that they ditch Sky/broadband/cars before offering them anything. Stamp duty's hardly a concern when prices are already falling so much - just expect to see all the properties on sale at £180,000 - £190,000 suddenly being cut in price. A joke.
  9. I love my Wii Fit and wouldn't give it up no matter how skint I was! I have a friend who is a yoga instructor and she was very impressed with the way the yoga works as it makes you maintain the correct posture.
  10. I work in no. 3 - the most miserable town in existence. A town so miserable its residents pleaded with 'Demolition' to blow up the town centre.
  11. I think the Aberdeen effect must have a lot to do with this - and the fact that there's some sort of lag effect. Prices are certainly down in the south side of Glasgow - there's no question about it.
  12. Halifax use a programme to work out the valuation at today's terms - I'd be very surprised if any bank used the old valuation, rather than a new one in the present climate. Not sure what the HSBC do, but you'll be lucky to be within the 90% LTV by March I'd think. It is probably too early to do much about it at the moment anyway - you could try to overpay as much as possible I suppose.
  13. I thought it was funny when he said house price have 'increased by....' and then had to stop himself and say 'decreased by...' instead. Sadly he is the double of my line manager, in looks and mannerisms, so I doubly want to punch his lights out.
  14. It might be the 'average' but most people earn less than the average. If you're earning that amount you shouldn't even get a small amount, in my opinion. A bit off topic, but the BBC had a good article on the use of averages. http://news.bbc.co.uk/1/hi/magazine/7581120.stm
  15. Look at this one too on Woodford Street 24 August 2008 * Status changed: from 'Sold STC' to 'Available' 12 August 2008 * Status changed: from 'Available' to 'Sold STC' [Found by reform] 29 July 2008 * Price changed: from '£107,995 (Fixed Price)' to '£102,500 (Fixed Price)' * Subtitle changed: from '1 bedroom flat' to '£102,500 (Fixed Price)' * Subtitle changed: from '£102,500 (Fixed Price)' to '1 bedroom flat' 30 June 2008 * Price changed: from '£112,500 (Fixed Price)' to '£107,995 (Fixed Price)' 02 June 2008 * Brief Description changed: Traditional sandstone Victorian tenement flat positioned on the top floor within this popular address of Shawlands. The accommodation comprises of communal; security entrance, communal , reception hallway, bay windowed lounge, modern fitted dining kitchen, double bedroom and bathroom. (contd...) [Found by reform] 28 May 2008 * Price changed: from '£117,500 (Fixed Price)' to '£112,500 (Fixed Price)' 06 May 2008 * Price changed: from 'Offers in Excess of £95,000' to '£117,500 (Fixed Price)' [Found by lazymedicalstudent] 21 March 2008 * Initial entry found.
  16. http://www.rightmove.co.uk/viewdetails-215...=5&tr_t=buy £100,000 for this flat is a bit more realistic than we've seen for a while - it is smaller than other traditional flats in the area but at least prices are coming down Not sure if this is the same flat, as it says 'Subjects being the lefthand dwellinghouse on the ground floor of the tenement' and the above is 0/2 07GLA61141 10-Dec-2007 GLA163657 £110,000 03GLA25116 27-Jun-2003 GLA163657 £69,995 02GLA27020 28-Aug-2002 GLA163657 £32,000
  17. Well put it this way, I paid £88,000 for one of the one bed flats 5 years ago, and I expect them to back to that sort of level by next summer. Interesting that the flat you went in for valued at £115,000 - surely most sellers would accept that now? I think you're wise waiting, and what we're seeing now is sellers like that one in Strathbungo obviously having to sell, and the rest in a standoff. I know you say people are greedy - and to a certain extent they are - but maybe the flats/houses they want to move to aren't going down in price either. The other thing to keep in mind is that closing dates are only the norm in a mad crazy market and I doubt we'll see them much from now on. When I first bought, 12 years ago, I offered £250 more than the o/o price, and they came back asking for £500 over - maybe we'll go back to something similar with any luck.
  18. The Glasgow store was the worst performing store a couple of weeks ago (18% drop) and our exam results came out weeks ago. The spin is getting rather desperate anyway - what excuse do they have for the other 9 weeks showing a decrease in sales?
  19. I think it is just poor use of language which is fairly typical of the BBC's early versions of stories. They should've said zero growth
  20. I thought it'd be more to be honest - I have a debt of £40,000 but that's my mortgage and is easily affordable as it'll only go up £10 or so when my fixed rate comes to an end.
  21. Abbey says its average LTV is 48%, but of course this wouldn't include people who own their home outright. http://www.financemarkets.co.uk/2008/06/12...rangement-fees/
  22. How much would you gain if your council tax is similar to mine and 4% of what you pay goes towards it? You don't pay for using the service, you pay for the service being provided to the community you live in. I don't use education or social work but I'm not entitled to a 65% reduction, and neither should I be.
  23. I'd assume that it would come out of the section which the individual works for, as does the salary. The council don't directly pay for the pensions of people who have retired - they come out of the fund which both employer and employee contribute to. Not sure about teachers though as I don't think their pensions are funded, though I could be wrong.
  24. This is Glasgow's http://www.glasgow.gov.uk/NR/rdonlyres/267...arges200809.pdf Out of every £1 of council tax, 34p goes on education, 31p on social work. Only 4p goes on environmental protection, part of which will go on paying for bin collection.
  25. My pension's fully funded, and I'm pretty sure that goes for everyone who is on strike today as most will be members of the Strathclyde Pension Fund, or the equivalent.
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