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shatner's bassoon

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  1. Exhibit A: https://www.bbc.co.uk/news/business-45446148
  2. https://www.rightmove.co.uk/news/house-price-index/ ‘Asking prices of newly marketed properties’
  3. I was under the impression that Rightmove don’t include reductions and base their figures on initial asking prices only. Hence why it was affectionately known as the ‘Delusion Index’.
  4. https://www.gov.uk/government/publications/about-the-uk-house-price-index/comparing-house-price-indices-in-the-uk 2.1 Coverage While the data source for the UK House Price Index (UK HPI), LSL Acadata and Rightmove are based on both cash and mortgage transactions, both Halifax and Nationwide produce house price indices based on their own mortgage approvals and therefore will not include any cash transactions. Whilst the majority of property transactions are completed with a mortgage, 30% to 40% of sales are completed as cash purchases. If trends in cash and mortgage sales differ, this may lead to biases in measures that exclude cash sales. The indices of Halifax and Nationwide are based on their own mortgage applications at the approval stage but after the corresponding valuation have been completed. This may differ to the final sale price as used by the UKHPI and LSL Acadata. Owner occupied properties only are used by Halifax and Nationwide – buy to let properties are excluded. Buy to let properties are included for the UK HPI, LSL Acadata and Rightmove. Hmm. Which index do you think is more accurate?
  5. Nice to see Acadata getting picked up by the press. "U.K. House Prices Are on the Longest Losing Streak Since Crisis" U.K. house prices fell for a fifth month in a row in July, the longest stretch of declines since the financial crisis. https://www.bloomberg.com/news/articles/2018-08-12/u-k-house-prices-are-on-the-longest-losing-streak-since-crisis
  6. Hi Jen, just wanted to query your April 2019 date of reaching the maximum HTB bonus as I'd assumed it was later than this. According to this article, it commenced on December 1st 2015 and mentions it would take 5 years to reach the £12k needed to get the £3k 25% bonus (even including the initial £1k deposit you were allowed at the start). So, should be reached in December 2020?? http://www.thisismoney.co.uk/money/mortgageshome/article-3323713/The-Help-Buy-Isa-launching-December-1.html Interested to see if I've misunderstood something (I was also straight on to this when it started).
  7. Correct. https://www.telegraph.co.uk/news/2017/09/15/theresa-may-successfully-fought-against-new-homes-constituency/?WT.mc_id=tmg_share_tw
  8. Well, thanks Theresa. I didn't really think that needed spelling out, to be fair...staggering condescension. You can detect the blind panic at Tory HQ as they've finally twigged why they're f ucked.
  9. http://www.zerohedge.com/news/2017-08-11/dollar-nosedives-after-consumer-prices-disappoint-5th-month-row
  10. As an employee with a disproportionate amount of investments built up in various employee share schemes over the years, it's heartening to consider the possibility that Centrica's share price could recover during a reflation cycle. But how likely do you think this really is given the toxic political climate on energy firms' profits and a possible (likely?) future hard left government? Decent price at the moment and a good divi payer, but struggling to see where a sustained recovery comes in. Any thoughts really appreciated!
  11. I'm touched by your faith in other humans. My wife asked her if it didn't bother him that he may be depriving people the chance to buy their own home. She just shrugged and said "Well, he's got a sh1t pension".
  12. At Christmas a woman was telling me that her dad, who's a vicar, had recently bought 3 BTLs. I nearly choked on a vol-au-vent.
  13. https://www.bloomberg.com/news/articles/2017-02-06/hyde-park-homes-hit-hardest-as-brexit-fuels-discounts-in-london " Home values in the Hyde Park district fell 14 percent in the 12 months through January "
  14. Shame people aren't looking at better alternatives to sitting in an office for 40 years to pay off a massively inflated pile of bricks. http://www.cbc.ca/news/business/house-investment-wealth-1.3716641 "As soon as they sign those papers, stick a fork in them, they're done," said Leung. "They're not going to have any money for the next 20 years and they're going to be stressed out at work to pay their mortgage."
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