TWT

Hi fully agree that the BTL will be in trouble, well those who bought recently. Let's face it, people who did invest say 5 years ago are big winners; e.g. I rent 495£ for a studio that did cost 56000£. REturn is quite good in this case. But now, one would be crazy to do it, far to risky, the same studio is valued about 105000!! TWT

Hi, I agree with you on many things. The boom people have had a good time finally. However, when somone is on 32k and 45k in the bank at 24 hummm, well I call for a halt to too much complain. Sorry I have my biterness as well and I think income disparity are also bad. TWT

Financial adviser? I know three, and to be honest I found them useless. First apart from one they did not know much more than I do. Second they do not have a crystal ball. Third, their aim to have bonuses and their performance is to place various products and if they have to make a bad product rosier they will (one did in my case) I am sure they are amazing ones around but they are probably a rare type of person TWT

I would not try to convince you. However I have my conviction and my reasons not to buy. After all this time rising, statistically there are more chance to see a fall than a rise, and the further they go, the more they are likely to correct. Now there are, I think, some facts; IR will I think go up, and in conjunction with a v high debt it is an explosive cocktail. I have a colleague who pays 400 for a three bed, I am not going to mess up my life paying 900£ just because I arrived 5 years later on the market. I just can't If I am all wrong, does not matter, I save and I am free to move if needed, I do not maintain the house. I am ready to rent for life until I buy cash at etirement.

Strange, as far as I am concerned I think it becomes more and more likely! TWT

Why the studio i am in is not good value? Simply because it sold 56k in JAN 2002 and now asking price is 105k

Hi, We just had the timing really badly wrong. Now that said, I do not know your age, but with 80K combined if you have a bit of a humble lifstyle (no mercedes, enormous flat screen, 10 pair of shoes.... you could still buy better than a 2 bed. Although I agree at current price that would be very stupid, well hummm, no actually you seem to be convinced that it will never fall. In this case sorry but just buy but I think you are wrong. TWT

it is just a metter of time my dear...

ohh sorry press the wrong button.. So yes I repeat, I think you did well. Like shares selling at the very top is a bit idealistic. So just be patient now and think about the ones who bought your house....

I think you did, perhaps you could have done better but com on it is like shares, on can not set at the very each time... Be patient and have a though for the ones who bought you house!

Well it depends on what happen after those 10 years. Let's assume a increase that follows inflation, then yes I buy, but in 10 years TWT

Hi, Outside of any affordability considerations, I just will NOT pay 250K what someone paid 150K just five years ago. This is plain simple, I just can't…. why would I have to strain myself while my mate has a good life for similar job and pay? No way. And now again, a soft landing or price not "lowered" by inflation would be the first time. But, to be honest with the debt here, in the US, in France (relatively low though)…. for me the question is not will there be a major adjustment but when and true for me the sooner the better and this is why I am upset. Bye for now,

Dentistry is crazy expensive in the private sector, i had a filling the other day 100 pounds!! With the low cost airlines, you can go to France and have it there for the same price

Hi, Soon there will be more finance and related activities people than medical people in hospitals.... Ridiculous, the attempt to make NHS finances better by introducing those supposed monney aware (with fatty salary hummmm....) has failed. They are the ones that needs to be kicked out!! TWT

arghhhh you have been faster than me, I have exactly the same question, please help before I start to bang my head on the table! TWT