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House Price Crash Forum


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About svag

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  1. R4 news at 1 today thought it was worth repeating the Nationwide figure today though...
  2. My friend sold her studio flat 3 years ago when she met her boyfriend and they bought a house together, both worked and to them it made sense to buy, they now have 2 kids and live off one wage. I didn't mind lending them money recently and their mortgage holiday has certainly helped...
  3. A letting agent in Dundee is naming and shaming people who are not paying their rent by placing a "rent dodger lives here" sign on their windows. http://news.bbc.co.uk/1/hi/scotland/taysid...ral/8142882.stm
  4. My bet would be they allow residential property in SIPPS.
  5. I have looked and yes there is loads of positive news in 2007: Simon Rubinsohn, chief economist at the Royal Institute of Chartered Surveyors, which publishes major data on the British housing market, warned that there was just a 1 in 10 chance of a significant drop in house prices and that prices were likely to remain flat until next year. in 2008: The RICS's chief economist, Simon Rubinsohn, said: "2008 will prove a difficult year for the housing market, but with falls likely in the base rate, the housing market should be provided with a stable platform.
  6. I will admit I am cynical of "New Tory", I think it didn't help when I found out that for the leadership contest David Cameron received a large cheque from an 'interesting' landlord with a few hundred properties. I just hope every FTB does their research before voting at the next election.
  7. I did say in my opinion. So in your opinion what do you think they mean when they say: "In so doing, we will end the uncertainty Labour have created about investment in private renting, re-establishing confidence and so encouraging the provision of much needed private sector housing for rent."
  8. Clear enough imo "In so doing, we will end the uncertainty Labour have created about investment in private renting, re-establishing confidence and so encouraging the provision of much needed private sector housing for rent." http://www.timesonline.co.uk/tol/money/tax/article741863.ece "You recently said you still believed that people should be able to invest residential property in SIPPS after Gordon Brown’s recent U-turn. How did you see that working? As someone who believes in freedom, I thought there was an argument for allowing people to use pensions to invest in property. However, I did warn that the way the government had gone about it was simply creating a vehicle for people to own a second home in France or Cornwall rather than a serious investment vehicle. But then the governement, after creating this free-for-all, allowing everyine to spend a great deal of money preparing for the changes, suddenly say they are not going to allow any investment in residential property, so they have gone from one extreme to the other. I thought there was a middle way there for a more restrictive scheme. The whole situation was handled very badly. There was a great deal of cost to the financial services industry for all the preparations they made for these changes, before the rug was pulled from underneath them. And these costs are not something which just disappear into the ether. They are borne by consumers who pay higher charges."
  9. Sorry for bumping but: http://news.bbc.co.uk/1/hi/scotland/highla...nds/8004672.stm "The developers of former offices in Inverness have gone into liquidation. Reading-based Waterbridge Group transformed the building into 33 luxury residential apartments and a 60-seat restaurant, Peat by the Bridge. BBC Scotland understands that almost a third of the apartments on the site next to the River Ness remain unsold. "
  10. If you even consider a btl to make money, you are a c**t. imho
  11. You don't even need a job! "The think tank believes people who "genuinely" try to find work could be rewarded with an increased stake in their property. " http://news.bbc.co.uk/1/hi/uk_politics/7759810.stm
  12. http://www.ros.gov.uk/aboutus/pressreleases.html "The all-Scotland average house price for the third quarter (July to September) of 2008 showed an increase of 0.1 per cent over the same period in 2007. Whilst the average price of a residential property in Scotland increased by 2.9 per cent in the third quarter (July to September) of 2008 when compared with the second quarter (April to June), the months of August and September decreased below the previous year’s monthly average price* for the first time since 2001. These figures were issued today by Registers of Scotland." *"Averages for August and September 2008 were £157,949 and £154,515 respectively, as compared to £160,019 and £159,273 for 2007."
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