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jammin35

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About jammin35

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  1. I don’t think people fully appreciate just how much control these companies now exert over us and try to exert over our thoughts. A little illustration. Go to google. Click on images. In the search box, type “black couples”. Hit return. What do you get? Now try “Asian couples”. what do you get? Now try “white couples”..... Unless something has changed since yesterday, the results you get should tell you something. oh, and try “gay couples” and “straight couples”. Its not black people doing this. It is tech companies. This is clearly an attempt to influenc
  2. Greetings, I think its been 5 years since I posted. I lost everything in a divorce, was waiting for the buying opportunity which never came, ultimately bought an overpriced but small house (well within 3* multiplier) and expected to end up with some negative equity. Never happened, moved to Essex last year, increased the mortgage to buy a similar 3 bed semi in an alright area - nothing special. Seriously, anybody who has eyes cannot deny that a house price crash MUST happen. Walk down the high street! It's empty. 30% of firms planning to lay people off - when you get to that level of l
  3. I think the explanation here is that there are two markets: 1. Perfect Houses 2. Imperfect Houses Perfect houses ARE flying off the shelves - i've seen it every day for the two weeks i've been looking. Imperfect houses are NOT selling at all. It is these that are seeing the price cuts. The only reason, in my opinion, that prices are not collapsing in this area is classic supply and demand. There are more buyers seeking Perfect Houses than there are sellers of them. The reason for this is obvious - anybody can get a mortgage it seems, but few people can buy an Imperfect House and do it up
  4. I find myself wondering whether % reductions is actually a useful measure. I live in West Dorset. We've decided to buy because i am 45 and i want to have paid the mortgage off by the time i retire. Some will think this stupid, but it's a roof over my head and i'm fed up of renting. In the past 3 weeks we have viewed 3 houses: House 1, a 3 storey 1930s house with sea views, asking price £282500. We offered £270k because it had been on a few months. Rejected. The agent (a mate of mine) told me it has now sold for full asking price after a bidding war between 2 buyers. House 2: a 2 storey typ
  5. It makes me sick when i read comments like her last one. Always the father at fault, always him that is causing his children's welfare to suffer. No doubt when he's paying thousands in maintenance a month it will still be somehow her that is paying for the kids not him. As another poster says, she is owed nothing. They had two houses. Now she can reap what she has sown.
  6. After seven years of waiting, the missus and i have decided to buy. Prices in this area seem to be picking up after my optimism of early summer, but mainly because there is absolutely nothing available on the market and the few sales are immaculate condition homes. I want a home, don't care if it drops by 30% anymore, since its a roof and at 45, my options in terms of mortgage length are shrinking. We are looking at one tonight. It is next to a house in immaculate condition. The house in immaculate condition sold last weekend for close to asking price. It has a loft conversion, 4 beds, three
  7. Something else i notice - in the last 12 months, if you look at the smaller spikes, the sales volume increases seem to correlate with points where prices have dropped. I know nothing about charts, but does that mean something?
  8. I'm not convinced its working at all. I earn a little over £80k, my wife earns £26k. I spend around £1000 on commuting/staying away and £816 on child maintenance. I have £5k of debt. So my effective gross income is about £48k. Lloyds Bank will lend us £230k with a 10% deposit. Our credit rating is as good as a non owner can get. My child maintenance will stop in 2 years and i will be better off. So 3 times joint income. Other banks, where we are not customers, will lend a lot more. Lloyds mortgage advisor can't explain it and thinks it must be a temporary restriction on lending. Brother and s
  9. How nice that the media now refer to him as a "big landlord". That said, I prefer "pig" myself. Still, he has one saving grace: he doesn't make any pretence about taking homes from young buyers, unlike Ros and the Retards.
  10. I would suggest that withdrawing all interest relief, not just capping it, introducing caps on mortgage multiples and ending Help to Buy would be all that is needed to bring about such a shift.
  11. Yesterday i set up a "fake" google account and emailed my local paper with a letter outlining my outrage at government plans to destroy my buy to let empire, the loss of interest relief, the loss of the wear and tear allowance, capital gains tax and loss of child benefit because my income now appeared artificially higher than the threshold. Perhaps everybody else should do the same. If we could get a letter on the letters page of every local paper, a lot of real landlords would be in for an awakening.
  12. In the 118 thread in which Ros' blood boils, did anyone spot the comments about child benefit. Basically, somebody's accountant has told her that because her taxable income will now increase, her entitlement to child benefit will reduce. I guess Ros has eaten her children, since she doesn't seem to be bothered.
  13. Hmmmm..... "Hello Mr UKAR, my name is James and i rent a property for which you are the mortgagee in possession" "How can we help?" "I would like to offer you 76% of the market value"
  14. Heehee, i could have chosen better examples, but actually renting in Norway, once you get outside of the Oslo area, is pretty reasonable. As you say, it's the rest that costs the money. I lived and worked there for 2 years back in the 1990s. Wish i'd stayed. I don't know any poor Norwegians nor any that work stupid hours.
  15. Spot on. We rent a large (inglenook fireplace large) cottage a mile outside Weymouth. 3 double bedrooms, en suite, donkeys out the back, no noisy neighbours, landlord lives next door. We pay £950 a month. I am 44 (last house lost through divorce) so i am limited to a 21 year mortgage, realistically. We could buy a 3 bed terrace in town. No parking, mind. Noisy neighbours? No donkeys. On a repayment mortgage over 21 years it would cost us about £1450 And we'd probably hate it, because it would be pokey. So the £500 difference goes in the bank and the funny thing is, although our friends
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