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midnitecruiser

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About midnitecruiser

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  1. You can always go for triple glazing, sleep in the front bedroom etc. I know people near train lines and you barely hear it. Probably worth doing a thorough survey and land check. Unlikely, but you don't want them widening the tracks or building massive multi-storey carparks.
  2. My heart bleeds for him. Must of spent his book advance already. Get a job then Sol, you've retired from football years ago.
  3. Flat! He's lucky to live in a flat! We used to live in one room, all twenty-six of us, no furniture, 'alf the floor was missing, and we were all 'uddled together in one corner for fear of falling.
  4. Meant to say I'm against the ethics of BTL!! Don't flame me!
  5. He's been pretty spot-on to be honest. I'm not against the ethics of BTL, but if you've got a spare £50k, why wouldn't you stick it into BTL? Rentable return and capital appreciation. Your only money would be lucky to beat inflation in the bank. No chance of BTL being taxed, too many MPs playing the game.
  6. Interesting debate on LBC radio at the moment. Listen: http://www.lbc.co.uk/listen-live-3578 Julia Hartley-Brewer discussion if second home owndership should be banned. Lots of the BTL phoning up, "its my pension".
  7. I guess it really depends on the LTV and whats left after covering the mortgages. Maintenance costs are tax deductable and losses can be carried forward. Depends how sensible and organised they are.
  8. Totally understand your logic, in many ways it wouldn't make sense. I expect a nominal increase next year, a token gesture that will do nothing but appease the savers and give Carney a chance to show he's doing something (which he's not) to justify that ludicrous salary.
  9. MoneySavingExpert.com's users are currently experiencing a reality check, we hope to get back our equity shortly. Thanks for your patience.
  10. Too early to call it a trend, prices often slow down this time of year. However, I fancy prices to continue their decline into next year. MMR is a big factor and they can't hold off raising interest rates for much longer.
  11. I get where Wurzel is coming from. Couples get to a point where they think "f*ck it" and have kids. I have a friend who was in a similar position. They work hard and will no doubt provide for their kids, but there's never a perfect time to have kids. You can get your finances in order, but it could all turn to sh*t at any point, with or without kids. From a state benefit point of view, your better off being reposssessed and made redundant with kids, so why worry about it. Agreed though, it could set a significant social trend.
  12. Interesting idea, but Labour happily allowed property to inflate post 1997. Too late. Can you legally stop an investor buying a property? Not sure how that works in a free market economoy. Clearly there needs to be measures making BTL less attractive. You can tinker with tax rules, but the smart investor will find the loop holes. Increasing the supply seems obvious, but they won't build enough houses quickly enough to make a difference. Ideas on a post card.
  13. A 0.8% drop over 12 months seems conversative to me, especially if interest rates rise. Thats not even a 0.1% drop a month, on average.
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