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Gavin123

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About Gavin123

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  1. Great price and a great idea, pity it's such a standard box design. I assume the costs rocket if the design is any other shape?
  2. Compare that to the Benefit busters, who lie in their bed's, claim housing benefit, Income support, Tax credits, DLA, incapacity benefit and Carers allowance ... and stick 2 fingers up to Mr & Mrs Average who bother to try and contribute anything to society other than pro-creating children that the state will support, and reward the parents .. umm ... sorry single parent (supposedly) for doing so. This is what really pisses me off! If the government want to claw back some money I would they rather they invest more in trying to get quash these lazy, useless scum bags, rather than shitting on Mr and Mrs average! Every town has a bunch of losers who've never done a tap, never intend to and breed like rabbits knowing that the tax payer will pick up the tab for there scumbag sprogs (who generally follow in the familys "benefit seeking" footsteps). Mr and Mrs average are in a crap situation Take the typical example of this - Mr and mrs average both work and earn an average wage with 2 children in childcare. Mr average decides to work a few saturdays every month to bring in some additional money. Mr Osborne decides to reward his sacrifice by cutting their tax credits by an equal amount to what he's earned in overtime. Thanks George - this will give you some extra money to give some scumbag a deep fat fryer or some other ******** item that the scum bags decide to claim for (they all seem to know every last entitlement). Then Mr average gets made redundant. He'll get pestered and shit upon by the dole crew for claiming the minimum whilst the scumbags are picking up their weekly alcohol allowance. If Mr and Mrs average manage to make their way through life and pay off a mortgage, set aside some savings (which of course hes paid tax on), they can feel assured that the government will look after them if they have to go into care. They can expect the government will say f**k you we're selling your house and taking your savings to pay for your care - why should you be entitled to this care for free, thats only an option for the benefits crew!! What's the point? f**k buying a house, f**k having a job, f**K the pension, f**k the savings lets all go on the dole!! Rant over!
  3. Setting aside the issues you had with him this seems expensive (1% + vat for his time) Recently been quoted between 0.5-0.6% for this service from a couple of firms. I also used a solicitor around 5 years ago and he charged 0.75% for his fee. Try the attached link http://www.nicssa.co.uk/membershipPlusLegal2.aspx which gives a quote showing all the costs involved. This shows an approx total fee (inc land reg etc) of between £840 - £930 on a £195k sale. I would prefer to use a solicitor i know so would be prepared to pay more than this but it's good to use for a baseline. I would probably call them and try to negotiate on the price, but would be well armed with my facts and figures first.
  4. I appreciate its difficult to put a price on a property at the minute and many factors need to be considered, rv, area etc. All i'm trying to establish is what weight should be assigned to this factor. Suely it's a fair assumption that a valuation that a bank has commissioned to establish the value of a property which that they intend to lend money for would be the nearest guide to its true worth (and if anything probably on the low side). At best would it not be a better guide than the RV, which takes no account of the internal condition of a property?
  5. If your appling for a mortgage on a property and its indepentantly valued by a mortgage company, is this valuation a true representation of what the property would sell for or is it a conservative estimate? If it's conservative what sort of rough percentage should be applied to the valuation to represent what its likely sale price on the market would be? cheers
  6. Cheers for the replies, i suppose your right - it all depends on the personal circumstances. As I currently have a property to sell its not as clear cut as someone whos looking to buy there first home. In thieir situation the rent can be directly offset from falling house prices. In my situation I have a debt against my house that will remain regardless of how much i'm able to sell for. Thankfully Its quite modest at around 45kish over 8ish years. I take the point regarding the interest that could be gained from the equity i would release from the sale of my house which would bring the rental cost down a few hundred quid. That said, I think in my situation selling to rent doesn't appear to be a wise move - unless someone makes an offer on my house i can't refuse!
  7. I'm wanting to move up the next rung of the prop ladder. I'm trying to sell my current home and if successful I've considered renting, as most of the houses the next rung up are still overpriced and the gap between my expected sale price and these houses is greater than it should be. I started to do the sums to try and work out the true cost of renting and I think I must be making a mistake somewhere as with my novice calculations it would seem to cost £11k per year: Here's the details I'm working off: Current Mortgage is near £500 per month, interest element on this (currently 2.5%) is just under £100. So each month I'm reducing my debt (or effectively saving) £400. If I sell my house and move into rented property I'll be paying around £500 per month (excluding rates) to get a similar house to my own. Am I right in thinking that I should be adding the amount I would be paying off my mortgage each month (£400) to the cost of the rent to work out the true cost of renting vs staying put? Therefore £500 rent + £400 being paid off mortgage = £900 or nearly £11k per year! Happy to be corrected!
  8. I think Realistics view is totally fair - if you are going to commit to buy somewhere why not be prepared to put your money where your mouth is? If you have agreed on a price which you believe is fair then why wouldn't you show your commitment to the deal by putting down a non-refundable deposit? (Do you think it's fair that someone remove their house form the market, be subject to solictors fees etc, and after a few months the deal falls through as YOU cannot fulfill your side of the bargain!!). A non refundable deposit could work in the buyers favour as it shows a true committment to the deal which could be used as a strong hand in the pre agreement negotiations. Obviously if there are issues that arise with a surveyors report then that would be outside of the terms of an agreement. However, if deposits were the norm maybe buyers would seek 100% assurance from their lender prior to making an offer on a house that they cannot complete on. That said, why make a big deal that the EA remove it from their listing rather than advertise it as being sale agreed? It's difficult enough to sell a house with its status at "for sale" let alone trying to continue advertising it with a "sale agreed" status. In addition the EA won't tell any interested parties what price it was agreed at!
  9. I llive in a development with a mixture of house types. The house type that I have is the same as only one other in the development yet its RV is £5k more. On another point (and i've mentioned this in a previous posts, so sorry to repeat), I bought my new build house in early 2005 and paid £20k more than its assessed RV (and thats before i take into account the cost to finish it). I did get advice before i purchased from a number of local EA's at the time who felt the price I paid was fair at that time. Agree with your comment that it is a rough guide. I find it most useful when comparing the difference in asking prices of different house types in the same street/development.
  10. Out of curiosity - If you had, for exampe, £100k to spend on a house and for this you felt you should be able to get, again for example a decent semi. What price would a house like this have to be advertised at before you would consider viewing/bidding. E.g if the asking price is £120k, is this close enough to what you are willing to pay (£100k) and therefore you would view/bid, or would you wait and see if the asking price gets to within a closer range of what you believe it is worth before showing interest?
  11. Sorry - bad choice of words! What i mean is that despite houses being advertised at lower levels than they have been in recent years - nothing seems to be shifting.
  12. Just wondering if the HPC members who are Estate Agents can give us an update on what the activity on the market has been like the past week or so? Nothing seems to be shifting in my area at the minute, despite more houses starting to come on at reasonable prices.
  13. Yes - 2 children. It's a pity that they don't offer the same multiples as other lenders. Most of the rest seem to charge over £1k for setup and not as good an apr. If they are looking for proof of my spending habits I'm stuffed! My "disposable" income isn't bad - but i do spend all of it each month. That said i could cut back if i had to, but at present i don;t need to. Thanks for the replys from other members by the way.
  14. Just wondering if anyone has had dealings with HSBC for mortgages. They seem to be offering the best varible rate at the moment, but when i try their "how much can i borrow" its showing a maximum of less than two times my salary! This is with an LTV of less than 60% and no other committments. Other lenders calculators show around 3-3.5 times joint income. Is their online calcultor reflective of what they would actually lend?
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