ticket2ride

Fitch Ratings and Fitch Solutions are part of the Fitch Group, a majority-owned subsidiary of Fimalac, S.A., headquartered in Paris, France

I went and viewed lot 4 and it was a right sh*t-tip, almost derelict inside. I can't believe someone paid £250k for it. I think they overpaid.

might not be as outrageous as it seems. given the state of the Froggy banks, I cant imagine they rushing to sign up for extra regulation. callmeDave reportedly requested that banks "should face a higher capital requirement." I can see how that might not go down well with the diminutive Frenchman. especially if the UK wasnt going to bankroll it.

Guardian says that: http://www.guardian.co.uk/business/2011/dec/09/eurozone-countries-treaty-exclude-britain Some sensible suggestions from Dim Dave. I think the UK electorate should be consulted about any plans to "opt-out" of the EU but little Napolean needs putting in his place. He's basically trying to steal UK business (albeit our crappy financial services).

So the average BTL investor lost £3500 per average property in a month. I bet more than a few have got a sinking feely this morning. Looks like it's going to be a crashy Christmas.

makes sense. thanks.

In whose world does a 0.9 % fall does suggest a "pick-up"?

on the news last night it said that another wanted another £40m to be spunked on fireworks or something, probably a preferred suppplier already lined up. just steal pensioners bus passes to pay for it. the argument that it'll be good advertising for the UK is ridiculously weak.

GTFI

Didn't Merv as much as admitted this today when he said, "It is not a liquidity crisis, it is a solvency crisis." Time to stock up a tinned food, might as well buy premium, you'll need a wheelbarrow of printed paper to buy even value brands (assuming you can find any) soon.

could mean 5 houses will be sold in 2012-2013 and 6 the following year.

The Express story here. "You only have to look at how fast property is flying off the shelves to know this story is 100% spot on." Commedy gold.

Happy Black Friday everyone. Fill yer boots with xmas prezzies at your favourite online book/music monopoly!

time for Angie to get out the big bazooka...

sold all those massivley inflated Olympic ticket + hotel packages and still can't turn a profit. pass a tiny violin.

to anyone on benefits that can't afford to get bye on £500 a week, why not.... live somewhere cheaper? live within your means? or even... try earning the money yourself?

probaby part of DSK's prozzie ring.

the assholes need holding to account. didnt that bell-end Gove got in trouble for scrapping school building that had been signed off earlier this year? and social care cuts were judged unlawful in the Isle of Wight recently. I dont think of libraries as the preserve of minorities, but I'm sure it would be possible to produce a statistic to prove otherwise. However, I'm sure this logic is applied. I've seen the Southwark Surestart service cut very popular services that were accessed across cultural boundaries, whilst continuing to fund things like "Muslim womens toddler group". (real example) It raises interesting issues about who should benefit from council spending. The biggest group? Those most "in need"?

Two big properties vacant on Rye Lane, SE15: the old Nationwide site and the old Currys/Dixons site. Wouldnt be surprised to see more follow soon (Argos?). Only pound shops (and the usual nail bar/money laundering shops) opening.

so has inflation plummeted? or is broadly flat. or moving sideways?

I reckon Property Bee has has a bigger contingency fund than the EFSF now.

if I was the (decision maker for the) lender in this scenario I'd want the money up front. it could happen I suppose but risky for someone with a good job in a bank. I'm guessing this is more likely, they don't stand to lose out by selling at below market value. or maybe the borrower has some "equity" that disappears or something.

George Soros has used the phrase. He's pretty scathing about the Merkozy/IMF/ECB bailout plan. "The European Union will suffer something worse than a lost decade" Seems Mme Lagarde is trying to appropriate the term to quieten the noise coming from big bad George. I know whose opinion I'd take more seriously.

why does the lender/receiver want to sell for less than 50% of the valuation?

so the first weapon is putting the story out there to scare people off their legitimate right to protest. failing that shoot them with potentially fatal rubber bullets. no doubt the TSG thugs will be frothing at the mouth at the thought of getting another kill today. :angry: