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Lars Bussholm

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About Lars Bussholm

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  1. Look, I was only trying to help and encourage the lad. Leastwise, I assume it's a lad. The thing is, 5000 hours at McJob rates is still getting on for £40 K. Not quite Buck House, but still a deposit on some Barratt shoe-box somewhere. Besides, I favour the DIY approach. Just think, lugging bricks and digging will give GPS rippling muscles and a six-pack to die for. Then he can kick into touch all that poncing around in the middle-class playgrounds laughingly referred to as 'fitness centres' and save even more money. As for the video games, well I had assumed his age was in double figures, so I don't know what to advise there, other than to get out more. Nevertheless, you see this DIY approach will have a double whammy, cos' not only will he end up with the house he wants, but he'd probably get a girlfriend as well. Anyway, to hell with Japanese Knotweed, Chinese Lanterns and GPS. What I want to know is if it's time to sell my Royce's stocks!
  2. Gigantic Purple Slug, you're obviously a very nice person who doesn't understand the meaning of irony, and I salute you for being so apparently panglossian. I am very sorry to hear about your being unable to buy a house, but this seems to be the case with many on this site. However, I can't help noticing that you have made no less than 4964 posts on this site in four years. Now a cynic might suggest that if you had spent that time digging trenches and laying bricks, or even working in Tescos, you could be living in something like Buckingham Palace by now. And, perhaps that goes for the many others, too. Just a thought. No hard feelings, eh?
  3. You're all right. I'm sorry. It's just that I have this unhealthy nose for BS and a paranoid belief that people tell lies for their advantage. You know, that some people set fire to things deliberately to claim on the insurance, or that they make claims about things that aren't true. I know I'm wrong, but I can't help myself. I need help. I mean, just the other day I got an e-mail from paypal saying that my account was suspended and that I needed to send them my details so they could sort it out. My immediate reaction was that it was a trick, but of course it probably wasn't, and I've let them down. More than that, I've let myself down. Please forgive me. As for those with one-eyed children, well that made me weep. I then thought of all those whose children have been killed by idiots on the road, and I thought how wonderful it would be if we made as much fuss about that as we do about Chinese Lanterns or Japanese Knotweed. But then I realised that it was just my cynicism problem again, and that actually you are right, and Britain has got its priorities right after all.
  4. Look, chaps, when I said that Chinese Lanterns were incredibly dangerous, my tongue was firmly in my cheek. After all, the Japanese use millions of them, and their houses are made of paper aren't they? I haven't heard of swathes of Tokyo or Yokohama being razed to the ground, or have I missed something? Oh, and somebody mentioned the danger to cattle. Yes, that little chestnut that's no doubt very convenient for insurance claims. It's a remarkable fact that cows have a mad desire to eat the remains of these lanterns, even the bamboo ones. Watch any cow and marvel at the consummate skill they display as they dodge the bits of baling twine, reject the cut-off bits of fence wire and discarded staples, turn their noses up at the gorse, the blackthorn and the hawthorn, and home in on their dish of the day, the old paper lantern - mmmm, delicious. Do me a favour, will you?
  5. Do you think so? Unless it was very windy, the sideways velocity and way it bounced looked very unconvincing to me. There are a lot of questions in my mind, but I need to be careful what I say. Suffice to say that I personally don't believe a word of it. Have you ever tried to light a damp pile of anything in the garden? Plastic, cardboard, you name it, even diesel-soaked stuff is very difficult when it's cold. Now, petrol, well, just don't try it if you love life. But there you go, what do I know, eh?
  6. Drill into the trunk? I don't know about the Japanese Knotweed you've seen, but the usual variety is a hollow stemmed thing, a bit like a weak bamboo. As for its supposed supernatural resistance, in my experience it's just the usual hysterical uninformed BS that forms the basis for most urban myths, and suits the pockets of the 'professional' eradicators. Do you remember rising damp and the injection treatments? Same thing, all BS, no such thing as rising damp. Of course the latest urban myth is the incredibly dangerous Chinese Lantern. These things are so lethal they can set fire instantly to huge piles of soggy cardboard and yoghurt pots. And that's only about the tenth 'recycling centre' to go up this year - no doubt all unfortunate Chinese Lantern strikes, don't you think? Anyway, thank God the Germans didn't think of these during the war. All that money and effort wasted on V1s and V2s, etc.
  7. El machina motiona perpetuo. This gravity engine isn't new. It works by extracting the earth's gravity from below it. The only problem is that once it's used up all the gravity underneath it, it will float away. They built one of these in 1886, it was smaller, but it ran for many years until the gravity was used up. In the end, it hovered inside its engine shed, until it was cut up for scrap in 1941 for the war effort. To this day, the place where it stood has no gravity, and because of that, the location's been kept secret. I'm sure it will make a huge contribution to the world's energy requirements, and be well worth the no doubt immense subsidy it's had.
  8. This conclusion of 7 classes is far too complicated. There are only two classes in this country. Those that pedal the economic and cultural bicycle and those just sitting on the vast and ever-increasing number of saddles, riding along on the efforts of others. Unfortunately, this bicycle is slowing down under the growing inequality between the number of those pedalling and those not, and eventually it'll stop and fall over This ridiculous survey is a perfect example. If they want to waste licence-payers' money, then they might want to look into how much longer we will have the wealth to be able to pay people to spend their time on such self-serving, pretentious nonsense. And, they might also like to speculate on what's going to happen when that bicycle finally grinds to a halt and throws all those parasites into a squirming heap. You'd hope they'll all get some sort of well-deserved comeuppance, but, sadly, I suspect they'll be a rush to compensate them for their inconvenience somehow.
  9. I hope they're not going to take this lying down.
  10. Thanks Tomandlu. That whoosh I heard must have been that one going over my head. Nevertheless, it raises an interesting point. I gathered from somewhere long ago that it was illegal to offer/have loans without an end date/repayment time or whatever. I always assumed that this was some sort of consumer protection from usury, but it's only a vague notion. Does anyone know if this is the case, has it changed, and what arrangements do you have to have to pay off the interest-only type of loan?
  11. In the last 20 to 30 years, there has never been any reason for endowment mortgages other than selling life insurance on the back of most people's innate greed and gullibility. There was once a justification, and that was that the Inland Revenue allowed full tax relief on mortgage interest charges, and on life assurance premiums too. A repayments mortgage monthly premium comprises an amount of interest and an amount of capital repayment. The proportion of these in each payment varies as the loan is paid off, so that at the beginning, the premium is mostly interest and at the end, it is mostly capital. Justifiably, no tax relief was allowed on the capital repayment, so as the loan matured, one received less and less tax relief. Somebody came up with the idea that if the capital was paid off at the end of the loan by a term assurance policy, instead of during the life of the mortgage, then tax relief could, in effect, be obtained on every component of the repayment. Hence the birth of the endowment mortgage. However, Tax relief on life assurance was reduced to half the prevailing tax rate, in the mid seventies, and finally abolished altogether, so the raison d'etre for endowment motgages ceased. Interestingly though, I saw figures quoted to a friend of mine (before tax relief was abolished altogether) showing the monthly repayments on an endowment loan vs a repayment one. This indicated that the endowment loan was cheaper right from the start. However, they had distorted the truth by averaging the interest tax relief on the repayments mortgage over the life of the loan. This was just sheer dishonesty, as there was far more tax relief at the beginning of the repayments loan, and that was much cheaper. It also took no account of inflation, which was very high in those days. Anyone who has ever taken out a large loan will tell you that inflation, even the modest amount we have today(according to the official lies) always chips away at the repayment, and what seemed a real burden at first soon feels a lot easier, assuming one gets pay rises, of course. And you need that money at the beginning, for furniture, curtains, children?! etc, etc. Sorry if this is a bit long-winded, but it gives some history to these things. Incidentally, the chap who started this said something along the lines that he's glad he's got a IO mortgage, and the house will be his in 25 yrs. How so? I assume IO is interest only. Doesn't the mortgagee want the capital back? Please explain.
  12. Just for the record RB, it is vitally important not to blow your credibility by falling into a schoolboy howler trap.

    LIEBESTRAUM means 'dream of love'; in German, and was a theme of three piano solos written by Franz Liszt, popularised by Liberace and others.

    LEBENSRAUM means 'living space' in German, and was a theme popularised by Adolf Hitler and o...

  13. For what it's worth, I think you should heed the good advice you're getting. Remember the old adage that the three most important things about a house are position, position, and position. I don't know Slough, but from what's being said this property fails all three! As far as the survey and estimate are concerned, get your own full survey, get a schedule of required works, and get several QUOTATIONS ( not estimates) in writing BEFORE you do anything about buying this property. DO NOT get emotionally involved. All this will take time and somebody else may buy it in the meantime, just let it go. However, if you do these things and it's still available, then you can proceed if it's still worthwhile. You may find that they are trying to sell by private treaty at the moment, but have a deadline, especially if it's a repo. They will then go to auction or highest bidder perhaps. Getting involved in the highest bidding thing can cost you even if you lose because your solicitor will be involved. Again, don't get emotionally involved. You must find out why this house caught fire. You may find that insurance in the future might be declined, and that's bad for you as it's one of the questions that they ask you when you try to insure anything. My advice to you is, unless you are very experienced in serious building and DIY, you should steer clear of this, particularly as the location is so poor, apparently. As to getting a mortgage, as per your original question, I cannot see why you can't get a mortgage now, surely it's up to the mortgagee to decide what collateral the building provides in its present condition, ie land value, less site clearance costs, I would think. Also, you would need, presumably to borrow the refurb costs if your budget is as you state. DONT think about trying to do it on the drip as you earn. Anyway, there it is. Good luck to you.
  14. Good God. Now it's dogs and mad Englishmen.
  15. What about all the useless farquhars in the numberless quangos etc. Some of them probably pay tax. On the other hand, they're just giving a bit of their salary back , so p'raps they aren't really tax payers after all? Nope, you're right, the proper tax payers are the third-class passengers on the SS Bri-titanic
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