Mancghirl

Superb....I might have to wheel out the old chestnut:- When no-one else will underwrite me When everything I do is wrong You give me easy and flexible repayments (Secured upon my property) You give me cash to carry on (spending on tat). And I'll never know the reasons why you loan to me like you do. That's the woooooooooooooooooooooooooooonder. The wonder of MEW. (Elvis has left the building).

walk ooooooooooooooooooooooooooooooooooooooon thru the wiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiind walk ooooooooooooooooooooooooooooooooooooooon thru the raaaaaaaaaaaaaaaaain though your dreams be tossed and bloooooooooooooooooooooooooooooooooooooown.......... Pepe Reina is god.

So everybody who dissents has been banned? That clearly aint the case. Although it suits some people to think we all sit around fashioning tin foils hats in our 'nothing IT' jobs. I earn a healthy salary in a professional job. I could actually afford a house at present prices. The point is, even with my first year undergraduate decidedly ropey knowledge of economics, I can see that a) we are in a bubble... this bubble is not underpinnned by 'sound fundamentals', rather lax lending and wild speculation and c) It ISN'T different this time. No matter how much you want it to be. Still, its easy to generalise, innit?

You know that bit in Roadrunner where Wile E Coyote is chasing him, they run out of road and over a canyon and Wile realises he is in mid-air and about to plummet? That's where we are right about now.

Aye but you should see the godforsaken shitehole in which it is located. Makes Moss Side look appealling.

Yes, I am a teacher and was sent info about it!!!!!!!! Its looked all shiny and new...and then I noticed it was in Miles Platting! Well done for spending 4+ years at university and going to work in some of England's toughest schools (flats were reserved for those working in inner city Manchester schools)....you can now give us all your salary back to pay for a council flat. Which all the gadgies who got knocked up at age 14 get for free. What a fine country we live in.

There's a great 'shared ownership opportunity' (25%) on the ESPC website right now. A 2 bedder ex-LA in a less sought after *cough* part of Edin. OFFERS OVER 50k. Yes that's right folks......roll up. We are supposed to believe that the market value of this sh*tehole is in excess of 200k. Given that you can still buy flats in the New Town and Morningside for that, I think someone is either MEW-ed to their eyeballs or flying a kite.

Spot on. Rochdale Road will be first to go....those abandoned tower blocks by the police station at Collyhurst are now 'luxury flats'. FFS. Wait til they start moving the schemies back in. Any 'young professionals' who were conned into buying will be falling over themselves to hand the keys back.

The very best of luck to yourself and your family. Fortune favours the brave..... I'm sticking in Scotland at the moment and hoping/voting for a change of government. However, the possibility of leaving is always on my mind.

True, true.....of course that abrogates any sense of personal responsibility as to whether people should have considered whether they could afford to pay back the money being offered. Although, that's such an old-fashioned concept, isn't it? If I go to certain parts of Edinburgh, I can find a man willing to sell me class A drugs. Doesn't mean its a good idea to buy them.

If your mortgage is 90% of take home, you CANNOT AFFORD your property. If people had wised up to simple facts sooner, instead of living in la-la land i.e. I want it, I MUST have it......then they wouldn't be in the mess they are in now.

That is a terrifying stat. Although the Irish 'investors' have been responsible for much of the BTL ramping in NW England, I feel hugely sorry for most of the people who are going to cop the flak from the fallout.

I have a secure job, yep I'm one of those key workers - savings, no credit cards. As I've been throwing money away on very cheap rent for the last few years, I've a nice little deposit. 3.25 x my salary would still buy me a house in the Scottish borders (where I am looking) even now but I'm happy to see how the next few months play out. As the house I've has my eye on has just been reduced from £135 to £110k, over the course of less than 3 months, it is quite clear that at least a few folk are starting to panic. Excellent.

SNP. Just as I will do in the Scottish Parliamentary election on 3rd May.

Yes those pesky 'doom-mongers' with all their crazy talk of economics and financial sense - who would have thought they'd turn out to be right???????

I'm not saying they would vote for full independence, but opinion polls consistently show up to 80% want far more powers devolved to Holyrood. If the SNP go into coalition with the LibDems, the prospect of a 'third way' on the ballot paper of any referendum will be the sop to the LibDems (i.e Union, Independence or More Powers for Holyrood). If that were to happen, I think it would open up a very real debate south of the border about the current constitutional arrangements. If virtually everything is devolved - then why are Scots MPs still voting at Westminster etc etc? This debate needs to happen, the current settlement benefits no-one. Why don't the english parties want to go it alone?

I can predict now how this one will play out. All signs up my way point to the SNP being the largest party come the 4th May. If they can form a coalition, they should be able to force through a referendum - planned for 2010. Meanwhile Gordon Broon becomes NuLab leader as no-one is willing to stand against him. Time passes..... NuLab take a right pasting at the next Westminster elections. Cameron is PM. This plays right into the hands of the SNP....do you want to be ruled by the Tories????? The Tories don't really exist as a serious political force up here, they are the 4th party at best. However, them being in power at Westminster will motivate Scottish voters to vote for Independence or at the very least increased powers for Holyrood (depends on the options on the referendum ballot paper). This should shake things up nicely........ I'd go and put a bet on, but the bookies aren't taking any more bets on the outcome of the Scottish elections(allegedly).

Quite frankly, for those who have bought up all the back to back terraces in Bacup and Burnley - if they don't take DSS, they will never get any tenants. Now, admittedly, that would be quite amusing but financially lslightly suicidal.

Beyooooooooooooooooooootiful. More of the same, please. (I have noticed some slashing of asking prices in the Borders - long may it continue!)

it'll be too late to exhort people to vote for the SNP then, they'll already be the largest party at Holyrood!

Its a house. If you put Duns into rightmove, you'll find it (can't get the link to paste and work!).

Well it was bought for £58k in 2004. It is now coming up at the bottom end of the rightmove search, so it looks cheap in comparision to others. However, there is a property on the next street virtually the same (except with shop premises attached), for £115k (O/O). So its either the same bloke who is overcommitted and looking to extract the cash. Or the bloke with the shop has undercut him and he's had to knock his price down. Last house to sell in that street went for £120k....he was trying it on a bit. But there are 1 bedders in the area being marketed at offers over £140k. Borders prices are all over the bloody shop. BTW, Dunfermline is a total nightmare, I don't envy you. Every bugger who can't buy in Edinburgh has decamped there now. Including most of my pals. My mate bought for 58k and her next door neighbour has just sold for 90k. That's in the last 18 months.

Can't tell - the Borders has been ramped massively in recent years as people get pushed out of Edinburgh, due to prices. It was a bit overpriced to start with but I thought O/O £125 seemed not too bad. Its not in the most 'sought after' town i.e. Coldstream. However, it does seem like a lot of space for the cash. There has been a load of newbuild development about 4 miles up the road and all these places have just come onto the market (houses not flats).

So I've been eyeing up houses in the Borders. Had my eye on a place in a nice Market town - 45 mins from Edin. Started at offers over £135k. (3 beds/2 recep/2 bath). Has been renovated, but in a decent looking way, still got all the fireplaces, no laminate. Stuck for a few months. 2 weeks ago, down to O/O £125k. Today, one of my colleagues was shuftying on Rightmove at lunch and said 'Weren't you looking at this house'?. Down to O/O £110k. Either 1) Trying to extract cash before an anticipated downturn? or 2) Bank breathing down neck? or 3) Were chancing their arm with the original valuation? (Seems less likely as flats in same town going for over 100k) Any ideas?

I just find it surprising....most of my mates who are coupled up are graduates, in professional jobs (lawyers/teachers/architects/journos...etc). Nearly all of them have chosen partners who are similarly qualified and employed, and are therefore having 'partnerships' i.e. they both earn and contribute equally to the household costs/mortgage. I didn't think this was unusual.............? I've a friend who is pretty high flying in career terms who consistently chooses the type of women discussed earlier in such derogatory terms.........frankly the amateur psychologist in me thinks he wants someone he considers less intelligent than him, but there you go....