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JohnG

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Everything posted by JohnG

  1. So, the lazy tossers have only made offers on 3 houses before they start whingeing? FFS!
  2. That's 'cos we've lived through proper recessions, 3 day working weeks, actual petrol rationing when you couldn't drive your car on Sundays. We know from our parents how tough they had it during The War, and in the aftermath. You youngsters don't know you're born.
  3. Nope. People would register. Think about current certifications required, gas & energy efficiency now. To whom do you think this additional cost would be passed? That's just a single, national label for commercial mortgages for residential property. Abolish BTLs and property would be bought using commercial mortgages as was the case prior to the invention of BTL products. At what rate? It's already 40%. Freelance IT workers have to use limited companies in order to jump through some not well thought out legislative hoops. Working through a ltd company is no biggie. Who do you thi
  4. For blokes shopping is an Objective, for women it's a Process. A bit like sex, really. Which is why some blokes (who understand such things) get laid a lot, and others 'get lucky' when they can. HTH.
  5. No it won't. It'll give him a tax loss to carry forward against future years' rental profits (as and when)
  6. As has been previously alluded to in this thread... Netbooks and tablets are vying for the same market sector... Anecdotal. I want something a bit more portable than my current laptop. Tool of choice will be a tablet, not a netbook. QED.
  7. Simple point that you have missed completely. Yield is Gross Rent divided by current Market Value. Any other figure you produce may be relevant to assessing the viability of a rental but it isn't Yield. So Yeild is still 6%. Net Prifit will be considerably less. In just the same way that, for a trading company, turnover is NOT the same as profit. Simples
  8. Meanwhile, in Other News - Bears found to be Catholic Pope found shitting in the woods HTH
  9. Not very far at all. You won't see many BTL'ers selling the places they bought over the last 10 years when they are getting a 4% return and only paying 1.5% (ish) interest.
  10. And, in all fairness, this should be made the official last Hitler parody - (now let's see if the thread gets move to 'Off Topic' )
  11. The point of this 'initiative', which every single clever person who's posted a reply so far has completely failed to spot is the real message - Unemployed waste of space chav? Wear a condom or lose your benefits. You can bet your sweet derriere that this message will be well understood by those it's targeted at. The actual purpose of this? To stop the kids being born in the first place. Simples. And, for the avoidance of doubt, a proposed policy with which I agree 100%
  12. Don't be silly. It's not an IVA until it's been agreed and heard by the courts. An IVA is legally binding.
  13. That's your mistake. No rent while work underway + small increas afterwards = OK Rent while work underway + no increase afterwards = OK Anything else = Not Acceptable. Everything Is Negotiable HTH
  14. The bottom line is it will be inconvenient for you and expensive for them as you will be entitled to sue for your costs, i.e. liquidated damages. Hotel, emergency storage, moving your stuff into storage, moving stuff back to your new place as and when. Just be reasonable with your costs. A decent room in your local 'business class' hotel, not The Ritz, etc. BTW what is your completion date? Good luck.
  15. Strictly speaking you would be liable for the full rent for the remaining 7 months... HOWEVER - most landlords would only hold you to the void period until the next tenant moves in. My advice (as a landlord) - be open with your LL, expect to have to pay an extra month or two's worth of rent, and don't forget to collect your reference from the landlord who is grateful for your integrity.
  16. I had to Google that to find out just WTF you were on about. Having done so - Well Done That Man - Post Of The Day
  17. Dopey [email protected] :angry: If it's that important to them why don't they just get their cheque books out and stop bothering everybody else? .
  18. Quick knee jerk post (through a fog of 'theraputic red grape juice') - BIL should look at IVA (Individual Voluntary Arrangement) for the non secured debts. I think there is also a recently introduced 'IVA Lite' if the unsecured debts are less than £25,000 and no other assets (i.e. no equity in the house). Much as they are disliked here, plenty of information can be found on the relevant MSE forums. HTH
  19. Yeah, when BOE base rate goes up to 2% my mortgage will go up to 2.17% absolutely $hitting myself. Don't know how I will cope...
  20. Err, chaps... Is there some confusion going on between the information provided by the credit reference agencies (3 main ones), and the processing the lenders do with the data provided by the CRAs to arrive at their lending decisions? Interesting that somebody in an earlier post suggested that the CRAs give scores out of 100. Experian provides a score out of 999. HTH.
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