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kev-all-in

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About kev-all-in

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    Suffolk

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  1. Could be a good day to bury bad news....?
  2. Great work GB!! - thanks for this, I really miss PB. This deserves its own thread / a better title - maybe the mods could pin it for a while to help spread the word?
  3. I think quite a few BTL landlords are on 2 / 3 year 'teaser' mortgage rates, and some are in for a nasty surprise when they go to roll it on to another low rate 2 year deal and find that suddenly their whole portfolio is assessed and they no longer qualify for any of the low rate deals. And they no longer meet the t+c's of their current deal either so are stuck on the crappy SVR rate sweating their nuts off as their mortgage costs have increased massively, just as s24 starts to bite.
  4. I don't really get what the nub of this story is, what are uber refusing to do? Surely they don't object to the people driving young women around cities being properly vetted and checked out? It's in their interest to weed out potentially dangerous drivers to protect their reputation? (Whether they 'employ' them or not they represent their brand) They must have to comply with similar conditions and requirements in every city they operate in , so what's different about London? Why isn't anyone who picks up passengers for hire and reward anywhere in the U.K. required to have a simple face t
  5. Also in that article... "Sweden takes last place for the third time due to its tightly controlled rental market." anyone know how Sweden are managing this so successfully? I.e. What controls do they have in place and how do they work? thanks.
  6. Nice find! Delicious bear feast there... No more buy-to-let Britain: UK tumbles down Europe's top places for property investing as crackdown bites UK drops ten places in the best locations in Europe to invest in property High house prices already meant it was only in 15th place, now it is 25th Best place to invest in property for yields is Ireland, followed by Malta "British landlords have seen average yields plummet 19 per cent over the past year following an onslaught of tax changes, leaving the UK crashing 10 places in Europe's buy-to-let ranks." "It follows 18
  7. From the Beeb today... Aberdeen 'worst hit' by hard Brexit, experts predict Aberdeen could be the city worst hit by falling economic output due to a "hard" Brexit, experts have predicted. A new report from the Centre for Cities and the Centre for Economic Performance at the London School of Economics, said all cities would see a fall in output due to increasing trade costs. Aberdeen and Edinburgh were both ranked among the ten most affected cities.
  8. Estate agents' profits plunge as housing market slows Link Two of the country's estate agent chains have posted slumping profits in the face of a slowing housing market. London-focused estate agent Foxtons saw profits plunge 64% in the first six months of this year. Another estate agent, Countrywide, also saw profits tumble, by 98% in its case. The firm said it would not pay a dividend. Foxtons' head said demand had slowed in the face of "unprecedented economic and political uncertainty". Countrywide said house sales exchanges were down 20%, 24% in London.
  9. Apologies if I missed a thread on this, but how come there was such a divergence between Halifax and NW in 2015/16 when they were so closely correlated before? More exposure to the London megabubblefroth? Can we expect a corresponding over correction for Halifax figures? Here's hoping!
  10. Great news! And prominently on both bbc news website and radio 6music news all afternoon - nice? I hadn't realised just how bad the monthly figures had been for 2017 - not crash cruise speed (Great blast from the past there!) yet but sentiment is definitely turning negative at last. That said prob b up 0.9% next month whilst NW is down a bit - as someone said def not all manipulated and coordinated!?
  11. As per usual this story has the feel of being very carefully managed and massaged, there's so many gaping holes and unanswered questions. Very interesting post re. The electrical surges a few years ago - not heard that anywhere in the news. Makes you wonder if multiple small fires started simultaneously could have been exacerbated by crap flammable cladding and plastic windows. Maybe the other towers that were evacuated had similar power supply concerns? The poor people effected are going to get very frustrated and angry soon - I can see how the fire + incompetent under and then ove
  12. I've been waiting for a post pcp used car / bike bonanza for years now, but it hasn't happened. (Yet) I was thinking about how few new interesting / performance cars I'd actually want to run once they're 3-4+ years old and the list is pretty short. The complexity of modern cars, the in built obsolescence really puts me off - turbos, dpf and emissions crap, active suspension, sensors and ecu's to control it all etc etc. You're likely tied to main dealers to diagnose and repair them and eye wateringly expensive parts, or specialists miles away. Even run of the mill 'sensible' cars are
  13. I couldn't understand the insane prices pwopertee was making at local auctions, I figured I was under estimating how cheaply the BTL crowd could fix up a renovation project, not really caring how good it was long as it was 'good enough for rental' (ie shyte). Then it suddenly dawned on me whilst going to local property auctions and the open house viewings etc that I wasn't just up against the BTLers - ie retired boomers etc but more the even more evil Trade / Builder BTLer. I started to notice how virtually everyone there was either a builder or some sort of trade. I've got several mates wh
  14. From the beeb : The mass holidays business and especially selling hotel beds all over the world is a tough one. The margins are negligible. Often - as appears to be the case with Lowcost Holidays - the cash earned for future holidays was used to pay for people that were already away. So if there's a relatively sudden dip in confidence leading up to the Brexit referendum and then the pound plunges against the euro after the vote, that can be enough to tip the financial house of cards that some holiday companies have erected. So basically a PONZI scheme then! How can it be legal to trade
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