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House Price Crash Forum


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Everything posted by danlee74

  1. Are the government still on the hook for Northern Rock? If so, use their mortgage 'knowledge" to resurrect the 125% mortgage.
  2. Not disbelieving that that is what your lawyer said but aren't there about 27 million properties in the UK of all types, so 1 in 3 properties in the process of having title deeds changed (sold / probate etc.)?! Really?
  3. Just wondering if the subscription model was generating better incomes towards your quite substantial investment of money and time? As mentioned by @FTB-house-hunter above it is a great tool, and I will also donate a decent wedge if I ever get to a position of buying a decent house at a decent price (which is why we are all here, after all).
  4. I usually do a weekly Wrongmove search just to see what is happening in the Bournemouth market but I didn't do it last weekend. So this weekend I have done a search to include properties added in the past 14 days (instead of the usual 7 days) - number of properties found is 275 ... that is only just about 10% above the average for 7 days (usually around 230/240)! No wonder prices are rising, it is all based on lack of availability (accepting that there was a bank holiday weekend in there too)! It will be interesting to see what happens once of this (I guess covid fear) delayed supply hits t
  5. Subscribed. Great work as always GB, hope you get enough subscribers to make all your efforts worthwhile.
  6. Out of interest, from what% to what% (if you don't mind me asking)?
  7. I love this graph from their report ... average asking price pre lockdown ~£312000, stamp duty 'temporarily' removed and prices go up by about 3% to just over £320000 (correlation or causation) ... then, a bit of a mania because of the tax relief and now seemingly heading back down to where they were as reality starts to kick in. What a strange country we are when it comes to simple shelter.
  8. First Jan fall since 2012 if I am reading Forex Factory correctly ...
  9. Disappointingly but predictably up. Does anyone really expect anything else? The majority of the UK populace are idiots who think that an expensive and ever rising price of shelter is a good thing and should be celebrated.
  10. Good work, and good stuff. Hopefully the beginning of a trend and not a blip.
  11. Sadly just that time of the year in a non-seasonally adjusted index ... review previous falls in November here: https://www.forexfactory.com/calendar?week=nov15.2020 ... every year Nov and Dec are falls. In fact the fall of 0.5 this Nov is actually lower than every year I can be bothered to check against. Depressing.
  12. What a sick economic system we are currently living in.
  13. June 2020 Rightmove: £337,884 Nationwide: £216,403 Delusion Index: 1.561 EDIT: to say, a new record?!
  14. If I am reading this correctly, we are now below the Jul-18 average. But this is the first annual drop (of a piddly 0.1%) in 5 years? What gives?
  15. https://www.premierpropertyeducation.co.uk/online-masterclass-27-05-20-nhp?mc_cid=8029a02260&mc_eid=46dcdf8e41
  16. This made me smile! Get better soon!!
  17. Guessed at 5% based on current numbers of closed cases https://www.worldometers.info/coronavirus/: Active Cases 41,503 Currently Infected Patients 34,105 (82%) in Mild Condition 7,398 (18%) Serious or Critical Show Graph Jan 22Feb 03Feb 15Feb 27Jan 26Jan 30Feb 07Feb 11Feb 19Feb 23050k100k Show Statistics Closed Cases 48,791
  18. In a safe Tory seat … 57.9% win, 2nd place Lab 29.4% … electorate 73,796 turnout 67.6% … very, very little chance of change here … I am still voting Labour as I did in 2017. The manifesto looks good to me, a lot in it that is good for the average punter. But then again, I am a very averagely paid employee in a private company and so not earning £80,000 (not that I think that at that earnings level a few extra quid per month into the public coffers for a better society is a bad thing).
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