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About torko

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  1. Just the one comment left about this chateau on TripAdvisor: "We booked this hotel in Jan 2006 for a stay in Feb 2006. I spoke to one of the owners a couple of times and exchanged emails confirming the reservation and transfer. Unfortunately, when we arrived at the airport there was no transfer and when we called the owner we were told the hotel was not yet open!! On promises of compensation we booked alternative accommodation and contacted them again on our return to the UK. Not one email, letter or call was returned. While I can't comment on the quality of the hotel I can say that, in my experience, this is not a professional business."
  2. Surprised no-one picked up on the 5.1% MONTH-ON-MONTH drop in the cost of clothing instantly knocking 0.3% off the headline CPI figure.
  3. CPI won't be below 2.8% for July. As I mentioned in another thread, the deflationary effect of clothing drops out of the calculations this month (prices have been static for 12 months instead of continuing downwards). This alone will add 0.3% to CPI unless the price of clothes in deemed to have dropped by 5% since June 06.
  4. Looking back at he numbers used in inflation calculations July's figures are going to be mighty interesting. Without some drastic masaging of current figures Clothing along will add 0.3% to the headline figure unless we see another 5% drop from the figure used to calcualte June 2006. In fact, July could even be the first time in such a long time where inflation on clothing could be positive. The June 06 value was 96.4. July's needs to be 91.9 (4.7% less than June) to have zero impact on the current CPI headline figure. Like I said a value of around 97 will see 0.3% added. Electricity and Gas look likely to add 0.1% to the headline figure each, along with fruit & veg (0.1%) as I don't believe we have seen the price drops we saw in summer last year. Air Travel will have a negative impact of -0.1% along with Photographic Equipment chipping in as usual with -0.1%. All other categories will have a net effect of +0.1% To summarize: June CPI = 2.5% Clothing +0.3% Electricity +0.1% Gas +0.1% Fruit & Veg +0.1% Air Travel -0.1% Photographic Equipment -0.1% Others +0.1% This gives July CPI to be 3.1% but experience tells us the official figure won't be this high so it'll be interesting after the event to see where the tenths of a percentage points were dropped.......
  5. It may be crude but it is what Nationwide are using to tr to convince FTBs that now is not such a bad time to buy. However, when interest rates are just crudely added to the chart all it does in my opinion is show that now is potentially the worst time to buy in recent history.....
  6. I attach the good old Nationwide affordability graph with approximate interest rates labelled aong the way. Makes interesting reading as it shows house prices are as unaffordable now as they were when interest rates were in double figures, so what would an increase in rates do to that graph now? That period of unafforability in the early 90s could look very small....
  7. Have you got your boiler on during the day by any chance? I rent a modern 2-bed house with electric only and in one month I used 214 units during the day and 254 at night. That comes in at £33pm and with you having a flat I don't believe your bill should be quite as high as ours here. You're right when you say something isn't right. What's your ratio of day-night use??
  8. Here's the full list broken down into the ONS' 85 categories Liquid Fuels 25.79% Gas 17.84% Water Supply 13.55% Electricity 12.95% Water Transport 10.88% Sewerage Collection 9.30% Fuels & Lubricants (Motor Vehicles) 9.22% Solid Fuels 6.77% Maintenance and Repairs (Motor Vehicles) 6.63% Other Services for Personal Transport 6.57% Accommodation Services 6.35% Other Services 6.33% Financial Services 6.19% Newspapers/Periodicals 6.00% Road Trasnport 5.98% Hospital Services 5.65% Social Protection 5.61% Health Insurance 5.20% Recreational and Sporting Services 4.99% Dental Services 4.91% Services for Regular Repair of Dwelling 4.77% Non-Durable Househol Goods 4.68% Education 4.66% Domestic and Home Care Services 4.66% Medical and Paramedical Services 4.56% Railway Transport 4.44% Postal Services 4.12% Fish 3.93% Repair of Audio, Visual and Photographic Equipment 3.56% Tobacco 3.56% Dry-Cleaning, Repair and Hire of Clothing 3.53% Sugar, Jam, Honey, Chocolate 3.44% Cultural Services 3.37% Hairdressing 3.33% Rents for Housing 3.26% Canteens 3.24% Pets and Related Products 3.24% Restaurants and Cafes 3.13% Wine 2.87% Spare Parts & Accessories (Motor Vehicles) 2.82% Books 2.70% Carpets and Floor Covering 1.83% Repair of HH Appliances 1.81% Mineral Water, Soft Drinks, Juice 1.60% Coffee, Tea, Cocoa 1.53% Jewellery Clocks and Watches 1.49% Bread & Cereals 1.20% Car Insurance 0.80% Furniture & Furnishings 0.78% New Cars 0.70% Tools and Equipment for House and Garden 0.70% Spirits 0.30% Printed Stationary/Drawing Materials 0.20% Telephone and Fax Equipment 0.10% Fruit -0.31% Oils and Fats -0.39% Persoanl Care Appliances -0.49% Meat -0.50% Milk, Cheese and Eggs -0.70% Pharmaceutical Products -0.80% Other Articles of Clothing -1.00% Major Durables for In/Outdoor Recreation -1.00% Games Toys and Hobbies -1.19% Other Medical and Therapeutic Equipment -1.20% Products for Regular Repair of Dwelling -1.29% Other Persoanl Effects -1.50% Recording Media -1.61% Garden Plants & Flowers -1.76% Food Products -1.79% Package Holiday -1.89% Beer -1.89% Motorcycles and Bicycles -1.99% Glassware, Tableware, Household Utensils -2.68% House Insurance -2.72% Equipment for Sport and Camping -4.04% 2nd Hand Cars -4.58% Garments -4.84% Household Textiles -5.57% Footwear -5.60% Major HH Appliances and Small Electrical HH Appliances -5.85% Vegetables -7.71% Air Transport -10.18% Equipment for Sound and Picture -14.34% Information Processing Equipment -15.87% Photographic, Cinematographic Equipment -27.59%
  9. I've been getting Rightmove updates for ages on houses we could afford to buy if I was that way inclined - so not much more than 2-bed houses. The news from the bottom end of the market is the same. We're in the process of renting somewhere new and while looking a very large percentage of the property available we recognised as having previously recently been up for sale, sold and now up to let.
  10. Seeing the MPC sets interest rates it isn't exactly too tough a job to keep them low is it??
  11. If you want median house prices the best place to get them seems to be here Tables 581 - 584 are the ones you want, but are way overdue for getting updated
  12. That's a lie. Water prices are dictated by OFWAT and this does not happen. An unmetered property uses about 2-3 times as much water as a metered one (usually because unmeterd properties tend to have more people living in them - but still a lot more per person) If every property was metered then there would probably not be a water shortage due to people cutting back on usage when they know they have to pay for every drop they use. I expect the horror stories you hear are down to people switching to a meter and the water company completely underestimating their water usage in the first year and then making the cost back in the second. That is why you should submit your own meter readings online!!
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