Russe11

I always question why local authorities don't force landlords/lease holders to keep properties in a respectable condition, its proven it can be done, now it should not be done with public money and rolled out across the country.

So you don't need to buy then.

Well if you are living in it then you are losing the rent you would otherwise be getting if you did not live there, so yeah it is an investment. Why do you need to buy?

So your speculation on stock that has created your deposit is good, but others speculating on the london property market pricing you out is not fair?

the question here then is how did you accumulate 220k worth of assett after only a few years of working?

Is you pretax income really just 54k a year?

its an auction, 50k guide is meaningless.

hammer went down on the day, but the mortage funds never materialised?

I had not sceen this one trawling through, well thats because when I am looking at the 1 bed flat type properties I never get as far as the 6 figure priced ones, but 1 bedders are about 80k for the nicer ones, maybe you could go to 90k because its not a shithole inside, least 40k overpriced, looks quite well maintained so prob a yearly service charge there also. I think this is set for a "special reduced price" in a few months time.

And it was thought all the jubilee events where a embarrassing.

thats some plumbing going on in the kitchen

Before that better to drop the rent to an attractive level.

not as miffed as when they all try to off load at the same time though.

charge them a £50 admin for a reply letter to accept the rent increase

Seems the negatives come from those who can't afford it... just look at the amount of people that live there, it is desirable, but to live in the nice parts you need to have the wealth. Its no different in the small town where I currently live, for 100k you can live in the botton end small flat accomadation or spend a million on a nice county house with land and extras. For me I rather live away and if I want to live in london for a short period the most cost effective way is hotels.

With regard to points i and ii, I used to find the level of pollution and noise less in central, than in zones 3/4 as far out as the M25. Things are more expensive yes, but if you live there then chances are you will be out of choice and have a well paying job to go with it. As for tourists, if you a londoner you will know where the tourists don't go.

order the skip yourself

not to me, those who choose to flytip do so because it costs money, those that pay for disposal are usually willing to pay a bit more.

waste companies make money from segregation of what goes into skips, they don't just send them straight to landfill. Once they have taken out metals, hardcore, timber products etc you end up with a lot less than a full skip of landfill, skip prices have always been going up due to the on site waste management construction companies are obliged to do these days. "Standard skip" is there such a thing these days, if you order one of these its prob you just get the highest rate charged for mixed general waste, whether it goes for landfill or not, segregated was is much cheaper to dispose of, but its a good reason to bump up the prices for operators I suppose that supply the public.

I was under the impression that the stock can not be shorted until 30 days after the IPO as someone else highlighted earlier in this thread.

very good point.

The wage progression is not like that in most industries, the reality for many apprentices could be let go and new ones recruited as the fulltime vacancies do not exist, thats if the company running the scheme does not fold during the training. £2.60 is the apprentice wage at any age, leaving school that would be 16, they only are generally offered to under 24s since government funding does not apply for older employees. I met a lad on a course this week that was on a apprenticeship, they had to have a car to get to the place of work, all their income went on running car, he had no money left over, he had to sleep in their car and used to try and do cash in hand work so they could eat, he managed to try and struggle, but when the company went under he was left with no qualification, had to sign on and is now stuck in the system of unemployment, he is now looking at nmw jobs and can't really take them as he would be worse off after fixed costs.

+1 i'm 28 so not young as young. Interesting point on the CSCS, when it came into force that it was a requirement for site workers to have the min Green card(2003 or 2004) the card/test lasted for five years, then was changed to every 3 years, now the card is only valid for a year before it has to renewed, price has increased 5 fold for this requirement to get in the the lower end of the construction industry... wage rates however are lower now. Its not a qualification in the sense you have a skill and therefore can earn more because you have recieved training and gained experience, being less of a liability to your employer... if your selfemployed as most of the construction industry is you will get the NMW rolled into a selfemplyed rate which is basically the same wage with employee rights taken away, such expenses as training and cerification has to met by the worker out of thier nmw. I have avoided the whole situation over recent years, finding it best to try and find my own work for half the year and claim benefits the other half of the year, it means I pay no tax, any health issues I have I put off till I make my claim, like you I visit the dentist when I sign on, after 26 weeks I go back to work, claim my £100 job grant, run on benefits, then working tax credits to bump my income up. Meantime accumulating as much cash as I can to see me through the next claim period. To avoid all this I would need a circa 39k a year job to live to the same standard, thats for a PAYE system, so if me or my partnet should become unemployed we are not a drain on each other. The economy if messed up, distorted or what ever you like to call it, working does not and will not pay under the current system, well unless you have a job for life with career progression with regualr wage increases. The above figures are not even allowing for pension provision, I have cira NI contributions debt of £700 but i'm not worried about it as I have already 9 years contributions towards my 30 year requirement according to HMRC, I don't think i've even done work long enough to warrent 2 years contributions under PAYE. I got a offer a job a few weeks ago it was in south london, though where I currently am i'd be doing ok on the wage, i'd have no money left over and would only last about 6-7months subsidising my income with savings... once they run out i'd be getting into debt. I could solve all my problems and have a parttime job giving me plenty of spare money to do some things in my spare time if I produced a couple of offspring.

By all means scrap all the red tape, but scrap all the subsidies as well so employers have to pay livable wages.

If these scumbags could see they could be better off working, perhaps even earning enough to work towards somthing like home ownership in the future they might be a bit more willing. It seem employers want employees to sacrifice everything in thier lives to work for the min required renumeration. as for apprentiships schemes most of them are utter ******** to get cheaper labour and more state funding. I saw an advert for cleaning apprentices yesterday, now granted a good cleaner is not a min wage job and does require some skills and knowledge to do a high quality job, these skills are not about a qualification though they are about willingness and abilty, nothing to do with learning a trade skills. We are not talking about specialist cleaning by the way or using machines or restricted chemicals.