disenfranchised

http://www.private-eye.co.uk/issue-1462/in-the-back

2017 sold prices in "award winning" Upton in decline VS 2007 whilst Grange Park and Wootton are 2007 +25% Yet more evidence English people want a garden and free air around the walls?

You probably need quantitive easing to afford 4 pints in Canary Wharf. Fullers pub The Merchant is the only one with decent beer not largely populated by people I want to punch.

I've picked up a couple of outraged links to this one from scumlordz I stalk on social media... http://www.telegraph.co.uk/news/2018/01/28/jeremy-corbyn-announces-labour-will-buy-every-homeless-person/ How dare he propose to just buy houses and GIVE the destitute a roof over their head! He needs to let them borrow the money to buy the house, then rent it back to the government so they can "earn" (ha ha) a living...

PPI reasons for the watertight automatic complaint upholds are typically things like the policy holder would have been ineligible to claim from the policy, the policy holder already had cover for what the PPI was insuring against etc... I.e. selling something people cannot use or do not ever need by representing it as something they can or do. Being an utter ******tard who doesn't understand IO, or one of those self indulgent idiots determined to live to the maximum extent of their credit rating does not equal mis-selling in the same way surely? If it does, can I sue Gordon Brown for mis-selling me economic stability by declaring an end to boom & bust? If he told me the honest truth of what they were up to I'd have grabbed a couple of 100% mortgages immediately. I'm heartened by the top rated comments on the article that basically say "on your own snowflake, we all knew what we were doing"

http://www.rightmove.co.uk/property-for-sale/property-51714075.html New build detached on one of the typical small yuppie developments pinned onto the side of villages in Northants over the past 3 years... ...first listed November 2016 and just been discounted. Bums must be twitching?

That simple distinction clearly goes beyond most of them

BTL and housing benefit drop a little bit of sink estate into everywhere round here with properties that let under £900 a month when the sainted owner occupier neighbours are unfortunate enough to get some scummers dropped in. As the HTB estates are both pretty undesirable and contain a blend of property types, it is almost inevitable they will go that way IMO. As a long term renter myself I've seen it aplenty in formerly private and quiet areas - including spilling over into incidents involving the Police a couple of times. Never saw anything like it in private housing developments when I was a kid.

Well that would be a beautiful thing for me personally were it to happen!

Article sounds more like plea bargaining than a prediction for what actually will happen? Loaded with tacit admissions London is screwed yet proposing it would be better if un-screwed gently. I suspect a number of well remunerated sub-45 year old journo types will be squirming soon and reaching for justifications as to why outcomes that protect them from the worst of it are "better"

I have a warmer feeling about 2019, I'll settle for another base rate hike and seeing some YOY negatives on the indices this year building up fear and pressure.

I think those who expect 50% are going to be disappointed with the exception of some London property. Here's the USA market view of interest rates vs mortgage duration: There is a long thread talking about a potential deflation / deflation cycle kicking in around 2025 and much that cannot be foreeen, but I suspect over the next 5 years we are unlikely to see mortgage rates over 4%. If you assume most are on 2% or so now that would push repayments up about 29% on a 25 year fix. This site shows there is a fair bit of frustrated demand, so I don't expect much over 25% drops on a national level, lead by higher drops in London and the resale of shit HTB new builds, with lower drops in places that haven't been pumped up hard since 2008. I don't see how you get a reversion to 4x single income multiples without a reversion to long run interest rates - might be the 10-15 year view but only a 2-5 year view interests me from a planning perspective.

Of course plenty of people can afford to live in London... ...when we're ******ing paying. Mind your blood pressure with this one. Ceased to be a great city in my eyes when it was judged acceptable to let the rich of the world buy it and give the rest to rigsbys and freeloading 3rd world immigrants. ****** London.

Skip to 10:22 in this video... Only themselves to blame if they get scalped. There will be no foreign buyer tax here after Brexit with the pro-developer selfservatives in charge that's for sure... but the Hong Kong gamblers might run for the hills anyway (hope so!) & Hong Kong accounts for the biggest chunk of foreign cash in London.

Skip to 10:22 in this video... Only themselves to blame if they get scalped. There will be no foreign buyer tax here after Brexit with the pro-developer selfservatives in charge that's for sure... but the Hong Kong gamblers might run for the hills anyway (hope so!) & Hong Kong accounts for the biggest chunk of foreign cash in London. London was one of the great cities when interesting hard working creative people could afford to live there. London started going seriously downhill 10-15 years ago as a place to live for the above. That is no wonder, when we have all been subsidising a load of good for nothing entitled 3rd world freeloaders to live there: Mind your blood pressure watching this if you pay taxes...

Skip to 10:22 in this video... Only themselves to blame if they get scalped. There will be no foreign buyer tax here after Brexit with the pro-developer selfservatives in charge that's for sure... but the Hong Kong gamblers might run for the hills anyway (hope so!) & Hong Kong accounts for the biggest chunk of foreign cash in London. London was one of the great cities when interesting hard working creative people could afford to live there. London started going seriously downhill 10-15 years ago as a place to live for the above. That is no wonder, when we have all been subsidising a load of good for nothing entitled 3rd world freeloaders to live there: Mind your blood pressure watching this if you pay taxes...

Skip to 10:22 in this video... Only themselves to blame if they get scalped. There will be no foreign buyer tax here after Brexit with the pro-developer selfservatives in charge that's for sure... but the Hong Kong gamblers might run for the hills anyway (hope so!) & Hong Kong accounts for the biggest chunk of foreign cash in London. London was one of the great cities when interesting hard working creative people could afford to live there. London started going seriously downhill 10-15 years ago as a place to live for the above. That is no wonder, when we have all been subsidising a load of good for nothing entitled 3rd world freeloaders to live there: Mind your blood pressure watching this if you pay taxes...

My EPC is awful, need to find it to confirm but I'm pretty sure it's worse than E. Poor loft insulation Only one thermostat Most basic radiator valves Oil fired boiler We don't really mind, it has open fires which we love and a whole ton of coal costs £230 delivered. Not even half through my October delivery yet so that's probably over a years worth. I've just signed up for 12 months renewal, does this mean they're going to have to come and do a load of work before the next one (and no doubt Jack up rent)?

It's extreme socialist authoritarianism in both cases coupled with a cult of personality. The difference is fascism is emotionally driven by "blood and soil" nationalism whilst communism was originally at least, internationalist and emotionally class driven. "Left" and "right" are useless monikers when much of the so called "right wing" is made up of nationalist socialists like the ex-Labour voters supporting Brexit (many of whom may have voted Nazi in the 1930s Germany) Libertarian / Authoritarian Socialist / Capitalist Internationalist / Nationalist Progressive / Traditionalist It's only left / right when your views go all the way down one side!? Mine don't...

I used to live in Greenwich during the week. Rented a 5 day room for work, in an ex council bungalow. The ex-council house next door was basically a 2 up / 2 down end of terrace and sold for £400k Developers are throwing up flats like there is no tomorrow on the peninsula. There's no way there is no land they cannot get built Stinks of potential landlord S24 escape corruption to me.

The fact that the wealthiest 1% have doubled their share of wealth since neatly underlined the problem. Heads they win, tails they win even more. Screwed. It is absolutely no wonder the general populous are lurching right & left politically. Consensus politics are dead, get ready for increasingly polarised views and political violence. It isn't quite "Germany 1931" anywhere yet, but far right and hard left parties were on the march in Greece capturing the centre ground 5 years ago.

It is indeed an elephant, but it is the house price that's the problem, not the fact you cannot borrow a million quid on £50k a year!

I had the master bedroom in a massive 4 story Edwardian semi detached townhouse in Liverpool as a student in 1998. There was a shared kitchen and lounge, 3 bathrooms and 10 rooms let. It was sold in 1999 for about 70 grand. My Dad nearly bought it - should have! Then I moved to a self contained 1 bed flat in a Victorian terrace with my girlfriend. Our rent for the latter was £35 each per week + bills.

*cough* shared ownership *cough*

Was just digging around the internet. https://www.money.co.uk/mortgages/buy-to-let-mortgages.htm?track=278159&creative=235145098925&network=s&placement=&adpos=1t2&gclid=Cj0KCQiA-ebSBRC8ARIsAGuxJIqKufU74oAOyxt7ImTI93aHbPRSMlom4P0-8PD-QvRKJVyVKMoY5_4aAltzEALw_wcB Filter by "maximum LTV" The Lloyds product has disappeared but there is still a Halifax 120% mortgage for existing borrowers which is part of the same bank