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marzipan

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Posts posted by marzipan

  1. No debt other than missus 25K student loan she will never pay off (and apparently doesnt factor into any mortgage calculation) earning the pittance she is on

    woah!!! debt is debt! you really think that will just disappear? remember it still gathers interest until you pay it off, so by the time they come knocking on the door it could be a hefty bill.

    you really believe it doesn't factor into a mortgage calculation? maybe last year mate, not now!

  2. How does it work with the 'Offers Over' nonsense, you cant even place a lower bid. We was looking to buy up there(other half's territory) but were not prepared to pay for surveys etc and put in +30% bids just to find out we are outbidding the next buyer by £50K or whatever silly amount.

    The scottish HIP-equivalent is due to start in december I believe. I think the scottish version includes a survey, although I don't know how reliable that would be.

    Would a surveyor be willing to give a false or misleading survey on behalf of the seller? I assume they are not paid commission, but rather a fixed fee, so they would have nothing to gain, everything to lose in lost reputation.

  3. TAYLOR WIMPEY (LSE:TW.L)

    Last Trade: 52.00 p

    Trade Time: Aug 26

    Change: 6.50 (14.29%)

    Up a huge amount yesterday in anticipation of today's er, good or is it bad news? :blink:

    IN the normal world a loss in excess of 20% would send shares down sharply. A loss of 50% would be catastrophic. 90+ % would suggest its timoe to go to the wall.

    That all said, their shares could get a tremendous boost this morning on such dire news.

    I think you're getting confused between %age fall in profits and a loss. a fall in profits simply means they earn less this year than last year, but still made a profit. there's no percentage value for a loss as you can't compare that to last years profit.

    its all accounting trickery anyway, they are probably just writing off this year as a disaster and exaggerating losses to make next year's results look better.

  4. you probably don't hear about it down south, but there have been a constant stream of redundancies up here.

    Goldfish, HSBC, JVC, and a host of retail, distribution companies and even a tweed mill have all announced closures/redundancies in recent weeks.

    varies from 10s to 100s each time, but a steady stream nonetheless.

    I expect this will translate into falling house prices in a few months time, as the redundancies feed through to the mortgage market.

  5. Dow 12,250.50 -19.67 -0.16%

    I have a feeling Friday will be back to normal.

    well thats a relief! for a while I was beginning to think that all those predictions of 'below 5000 by end of jan' were just rubbish, emotionally based reactions to a sudden unexpected drop in the ftse 100.

    of course.. if you were all wrong about the stock market crashing....

  6. It refers to how people spend all their money on the things that show, e.g. a fur coat portraying she is rich, but leaves nothing left for the essentials like Knickers because no-one can see if they exist or not.

    the phrase 'all fur coat and no knickers' is defined as follows:

    Phrase to describe a showy and seemingly elegant woman who in reality is vulgar and sexually immoral.

    although I think 'The Masked Tulip' was actually referring to the article and the guys conviction for burning his wifes underwear, not that phrase.

  7. I suspect one has a significantly better chance of finding a job that pays £86k in London, than one does of finding a job in my neck of the woods that pays the £45k that is needed around here.

    this is of course, rubbish. but that's exactly why people move to london, the old 'streets are paved with gold' syndrome. enticed to the big city with the promise of gold but in reality most people earn far more modest wages.

    but then, who cares about owing 13 times your salary when your house is worth thousands more every day? thats the london fashion

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