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Everything posted by spyguy

  1. 03-Nov-13 Same parameters as before. 4 houses, 4 flats and 1 bungalow. 1) 7 bed terrace. Looks empty. http://www.rightmove.co.uk/property-for-sale/property-39599032.html?premiumA=true I'd guess probate with some dressing. 2) V over priced 2 bed bungalow near Eskdale School. Looks occupied. http://www.rightmove.co.uk/property-for-sale/property-41441782.html FFS who tries to sell a bungalow with the by line 'near to school' !!!! Can't place this one. Not in need of updating so probably not probate. Too dressy for a holiday let. Not enough cr.p to be 100% OOO. I'll guess 2nd home. 3) Holiday let. Says so. Empty. http://www.rightmove.co.uk/property-for-sale/property-43822064.html 4) Looks like a very old, tatty holiday let. Looks partly furnished. http://www.rightmove.co.uk/property-for-sale/property-28443702.html 5) Grossly overpriced show home on the coop dairy site. Empty http://www.rightmove.co.uk/new-homes-for-sale/property-36127465.html?premiumA=true 6) Stack of flop houses on Flowergate. Investment. Probably occupied; no internal pics. http://www.rightmove.co.uk/property-for-sale/property-24432612.html 6) re-list of 5) as shared ownership. http://www.rightmove.co.uk/new-homes-for-sale/property-41433205.html?premiumA=true 7) Tiny 1 bed house. Redevelopment. Empty. http://www.rightmove.co.uk/property-for-sale/property-43853525.html
  2. I guess the banks are just kicking off the first letter in a long process. After the first letter goes out pointing they have an IR mortgage they will expect a number of responses: 1) Not to worry. I have a 300K policy maturing and will pay off the mortgage. 2) I have progrsss up the career ladder and my wife has returned to work. We will commence a 10 year capital repayment scheme. 3) Whats IRs? It my house.
  3. update Despite claiming that she'll be carried out in a box, she does seem to have sold up and left. She's be doing a Wolds diary in the YP for a bit now. For those not in Yorkshire, the wolds are the flat, not too cold bit between Hull, Scarborough and York. Anyhow, price data up on zoopla: Detached | Tenure: Freehold | Last sale: £195,000 | Sale date: 28th Jun 2013 A bit of reduction from her original price of 325K. More than the 130K she paid for it in 2005ish. Probably sold to one of those daft bint that knitted her toys for her sheep killing rescue dogs.
  4. I do a weekly rightmove search for Whitby - 3 mile radius, properties listed in the last 7 days. I have been noticing the number of empty properties being listed. Some are refurbs. Some are probate. Some are post-bailiffs. Anyhow, this weeks search comes up with 11 houses, 4 flats and 1 commercial: 1) Big house on St Hildas. Looks OOO. Dubious little old lady decor: http://www.rightmove.co.uk/property-for-sale/property-26156889.html?premiumA=true 2) Gazette offices (been listed for a long time). Commercial: http://www.rightmove.co.uk/commercial-property-for-sale/property-39292765.html 3) Big 6 bed. OOO. http://www.rightmove.co.uk/property-for-sale/property-41365189.html 4) Overpriced 3 bed. Looks like holday home/let: http://www.rightmove.co.uk/property-for-sale/property-41405285.html 5) Empty 2 bed: http://www.rightmove.co.uk/property-for-sale/property-43698656.html?premiumA=true 6) 5 bed semi. Looks like a dressed empty house, or holiday let: http://www.rightmove.co.uk/property-for-sale/property-42169034.html 7) OTT holiday let. Been done-up recently: http://www.rightmove.co.uk/property-for-sale/property-38789278.html 8) Empty 1 bed http://www.rightmove.co.uk/new-homes-for-sale/property-40386791.html 9) Empty 1 bed. Possibile repo. http://www.rightmove.co.uk/property-for-sale/property-41404792.html 10) Empty 2 bed. Possible repo http://www.rightmove.co.uk/property-for-sale/property-27850767.html?premiumA=true 11) 2 bed. 99% sure holiday let or 2nd home. http://www.rightmove.co.uk/property-for-sale/property-42751613.html 12) No details. 99% sure empty. Repo or old crack house on Helredale http://www.rightmove.co.uk/property-for-sale/property-39587938.html 13) 3 bed. In the process of being emptied. Not sure - move or repo: http://www.rightmove.co.uk/property-for-sale/property-43648277.html 14) 2 bed. Empty-ish. 99% sure its probate http://www.rightmove.co.uk/property-for-sale/property-43665833.html 15) V. small 1 bed. Occupied rental. http://www.rightmove.co.uk/property-for-sale/property-41325907.html Yes ive missed one somewhere. So only 2 houses appear to be OO! About 50% are empty. The rest are people exiting holiday homes and BTL. And we're heading for winter. Expect more probates in April!
  5. On the subject on tenants, I always ask prospective LLs whether they'd get into the business of hiring Ferraris to people on benefits or young people. They always look at me like its a mad idea. They never connect the dotted lines.
  6. Forgetting that most on here spent 10-12 years in the school system. You'll find most people have a pretty good idea about the UK system. But then the school system is more about keeping a large number of useless teachers in employment rather than teaching kids.
  7. People were obsessed with property before Thatcher. Teachers are some of the worst groups people I know with the property obsession and no ability to think thru what can go wrong. At least builders seen to have an appreciation that things can go wrong for quite a few years. Teachers tend to be over paid for their skills and have a lot of time on their hands. They think they are underpaid and have very little time. So they tend to dumb, greedy hence the lure of property get-rich schemes. Underpin that with a belief in the 'power that be'.
  8. Let me re-phrase the headline for you all: 90% of the countries houses have very few potential buyers. No FTBs = b.gger all market. Seriously, can't these people join the dots? A right move search on my home time is listing more and more empty properties. You have the obvious probate sales - big, horrid sofas and a little old lady grease stain on the floor - and now family properties. Sad little empty kids rooms with stencils on the wall and dangling electric wire. Its like invasion of the body snatchers.
  9. Stupid tw.t who's been doing the rounds on local TV and the local papers: http://www.thenorthernecho.co.uk/news/10747292.Dog_bite_incident_could_land_County_Durham_pet_owner_with___68_000_legal_fee/?ref=mc Could have settled but instead went on a brainless legal goose chase, racking up the legals bills. “People think because I am a landlord that I have a lot of money but that is not the case,” he said. “My houses are all mortgaged and many are in negative equity. The rent they bring in pays the mortgage.” Odds on he's a slum lord. Stupid c.nt.
  10. Economics doesn't quiet manage that. Macro-economics has been shown to be about as much use of sheep entrails. Its a complete waste of time. Micro-economics is best addresses by statistics. But economists cannot do the maths. Political-economics, to give it its full name, is just politics with numbers. Mainly trying to come up with wishful outcomes.
  11. True. HTB mortgage rate is coming out at about 5%-6% Assuming the spread over base rates stays under 3% then they can go to 3% to 4%. The BoE are making a problem with low rates - banks cost of funding is way above the current base rate. All banks with BoE trackers with a spread of less then 3% have a problem.
  12. Lets have a google. http://www.creditgate.com/directorsearch/directorsdetails+jayne+rand_11644599.aspx http://www.randplanningconsultancy.co.uk/ I'm not sure what planning consultancy is - other than a round the houses attempt to not say architect Lets have a look at the featured projects: Mr + Mrs R Build a large, steel door storage shed. Specification -'so the filth carnt get in' Rough looking 47 yo. More like 67. Definite look of Rigsby about her.
  13. Hmm as far as old people and company goes it tends to the the poisonous old bags who whinge about this the most. When they say company they mean they want someone to sit there and agree with all the drivel they spout. They don;t do conversation - a two exchange of words. They don't accept other peoples views and then just bitch alone. If there are x00,000 lonely old people why they just talk to each other FFS?
  14. Load up at Waitrose on the way. Fill up the car - Its soo much cheaper than in the sticks. Pay some old bloke to maintain the garden. Speaking as someone who grew up in a village that now has the highest number of 2nd home owners in the region now, the only good thing about 2nd HO are: houses easy to rob and bored teenage daughters looking for ways to annoy their parents.
  15. Yes. Most of the people I knew who moved to London in their 20s had left by 35. There is one difference now - previously (90s) these couple would have bought and sold up. They then p1ssed away the equity on some daft life style business or big house. Now the couples have been renting for the last 10-15 years. They leave with no equity, no employable skills outside of London and are back at step 0 in their mid 30s.
  16. Nope. The perma-flood is the rising ground water. You ever seen any of those expensive dig out a floor property progs? Every time you'll see the water gushing in after about 3m. If you wanted to build a expensive, global city with very expensive housing I certainly would not have built it where London is.
  17. If Whitby is special then Sandsend is specialerer. Sandsends is nice esp. as you don't get that many people clogging it up and most ofthe 'boro traffic comes down the Guisborough road. But its not 1/2 million special esp. no parking etc etc. I would guess the place is a holiday or second home - the OTT nautical decor is a bit of an indicator. I like Sandsend, or rather I like walking to Sandsend, see if anyone I know is fishing from the carpark and then walk back. Did the good Lord make you slave in his sawmill, or did one of his Stainthorpe lackeys dud you? I don't have that differal forlock reflex you get with people living near the estates. Our local moor is owned by Stricklands but they've been pretty absent for decades. The commoner stuff is left to the court Leet.
  18. Put an immigrant on the fire? Failing that, do what I do - go down the Sports direct and buy some of those god awful fluffy plastic jumpers. Wear one inside when it gets cold - heat your body not the house FFS! Seriously - and avoiding the whole penny pinching obsessive - people are nuts about putting their heating on.
  19. She's a property developer of course. And blogger: http://www.whatsamsawtoday.com/wsst-home-page/ 'I laugh and smile alot. I like to have fun and to make money along the way. I love property, and I especially love property auctions! I’ve been in the property business almost 10 years now, having quit a successful career in marketing when they gave me a £15k pay out.' As far as small business and all that, how many do you know with that sort of leverage?
  20. OK, thats enough people. Back to property ... I have a weekly search of Whitby (radius 3 miles) and Scabby (5 miles radius). Just to have a quick look. I noticed these two: http://www.rightmove.co.uk/property-for-sale/property-28255485.html?premiumA=true 469K, hmm, 6 bedrooms OK. 'Although this fantastic house does not offer allocated parking, and the sea views are limited to the Velux in the bathroom of the master bedroom and from the garden, it is a truly superb property worthy of viewing.' So 0.5 million to park my car in the road and rubber neck at the sea. All for, what, ~25 times average local wages. And this: http://www.rightmove.co.uk/property-for-sale/property-40994845.html There's three lots of land behind Broomfield terrace come up for sale. Think gardens rather than building plots. 'This plot of land extends for an area in excess of 20 m depth from the footpath and was at one time used as a garden area and the site is somewhat overgrown. The land has no road frontage and there are no vehicle access points from the land onto any adjacent highway, The only access is on foot across adjoining land in a separate ownership. ' 20K and its yours.
  21. According to the radio, mortgage rate of 5% Stress test of 7% IR not taking more than 55% of income. Did not expand of whether thats joint or after costs - debt, childcare, etc etc. Does not look like a great deal.
  22. There's a huge difference between advertising and getting.
  23. Just read the post about the LL competition. I was going to post in it in there but decided it deserves a post of its own. Model lottery millionaire invests in property and fireworks http://www.ft.com/cms/s/0/5bc74ca8-2d0d-11e3-8281-00144feab7de.html#axzz2gpQAxrYW Article about how not all lottery winners p1ss it away. Won £5.5m '£1.5m given away to family and friends or spent (she keeps a list of where it went), about £1m on property and £1m on stocks and shares, £500,000 on starting up a fireworks business and £500,000 “floating about”' . . . “Hopefully, if we give it 10 or 15 years, we will get back to where we were [when she won the lottery],” she said. “The way to go is definitely property.” I assume she's buying property in and around Wigan. She's spent 500K on a fireworks and fancy dress shop FFS! In Wigan! She could have bought most of Wigan centre for that!
  24. And, over time, houses fall down. For a lot of new builds 'time' will be a couple of decades.
  25. Her names in this: http://www.thesundaytimes.co.uk/sto/style/homes_and_gardens/article53084.ece D F-H
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