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About crazypabs

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  1. The other six are still for sale at their original price 🤣😂
  2. Just inherited a house due to my mother passing, not covid btw the other big C, however, got a few estate agents over to value for probate and I grilled them for their opinions on the market now and over the next few months and the next year. All had similar experiences and expectations: Past 2months, market has been in lockdown but demand has still been there from buyers at a rate of approx 120 sales in area per month, there in past week or so that locked up demand has just been released and they have seen one month's demand in a week and a half. Now to mid July, demand expected to settle down after pent up buyers and sellers reflect. Prices not expected to move. July to end Oct, owners beginning to see concerns about job security from November. More enquiries about selling expected. November onwards, as furlough ends, redundancies begin, more properties flood the market as sellers are desperate to reduce their monthly outgoings. Prices are expected to drop by 10% over the next 12months (to may 2021).
  3. https://www.theguardian.com/business/2020/may/23/car-rental-firm-hertz-files-for-bankruptcy-protection-in-us 500,000 cars in fleet to be sold. Leasing companies panic because the value of their asset backed securities are crashing. Knock knock... Who's there? Gfc2, I've come to report your house because you leverage too much to invest.
  4. Today and tomorrow, 19th/20th May 2020 BM are having their auction online. Watch the fun live, starting at 10am https://www.eigpropertyauctions.co.uk/live-stream/auction/barnard-marcus
  5. Apparently there are 6weeks for UK and EU to agree a deal or agree for an extension. If this state of affairs continues we are heading for no deal and WTO agreements.
  6. If you follow the link in the report, the raffle has been cancelled and refunds are being made
  7. Possibly they are concerned about taking on these loans as it effectively says to the bank "help I'm in trouble" that way the bank can ring fence those in difficulty with less hassle.
  8. Very convenient.i bet last year's figure is massaged too.
  9. https://news.airbnb.com/en-us/congress-emergency-financial-relief-airbnb-host/
  10. Report of Kim being dead https://www.express.co.uk/news/world/1273869/kim-jong-un-dead-north-korea-kim-jong-un-health-latest-kim-jong-un-dead-reports
  11. Any chance of an update on the countdown? I need a bit of cheering up 😏
  12. I have had a bit of time to think just of late. One thought was that the UK gov have put in place the support to businesses and individuals through furlough schemes and the such to help the UK economy and the GBP hold it's strength and to maintain a high s&p rating while watching other economies such as us head down the toilet. Could this be an attempt by the UK gov to take over as reserve ccy? Oooh maybe. What do you think? Oh and happy Easter everyone
  13. Just received an email from the gov website advising which businesses can stay open. I noticed Auction Houses must be closed, but there doesn't appear to be any exception for online auctions. https://www.gov.uk/government/publications/further-businesses-and-premises-to-close/further-businesses-and-premises-to-close-guidance Does this mean eBay has to close too lol or does it not count because it is based in Luxembourg?
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