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House Price Crash Forum

HowMuch!

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  1. got even all the free money and still ******ed it up.
  2. If your in business and did not negotiate a rent discount or holiday with premises landlord, then the person running the business is not very sharp.
  3. very poor article... you don't create that sort of debt being closed and not trading. how can HMRC be chasing?, really the story is the business did not allocate the Corporation, VAT, PAYE liabilities when trading. Now when it has to be paid from future income, it is a problem. The issue was there before corona virus came along.
  4. 920k have applied, allow for all those who have yet to apply, those that fear applying and those that thave gone home. Won't be far off.
  5. Think its the same in any in demand service or goods at the moment, more enquiries than resources. Its the boom before the bust.
  6. Only two! Plenty of directors out there with multiple businesses to the loan for every entity they had.
  7. 5% mortgages should not make a difference. If I put down 5% of the average house price in my immediate local area, £25,600 and the loan fell into the category of max. 4.5 earnings after regular expenditure, then I would need to be earning in excess of £111,888 a year. This is in an area where the average wage is around 30k. So looking at the cheapest 2 bed terrace in the nearest city, circa £170k, £8,500 deposit you would need an income of over 36k, let me tell you there ain't many of those job round here. Couples in well paid jobs can enter the market, but the numbers that can enter the market should dry up pretty quickly. What can it hurt to be wrong for a few more years?
  8. ok, well average price in my postcode last 12months 530k, average wage circa 30k. suppose if ownership is only just out of reach, it is far more frustrating than being not even being able to afford a plot.
  9. the funniest thing about this thread is the seemingly normal prices being mentioned, 200k and under... and you think you're in a tough market!
  10. The Eastern Europeans who don't have the right to stay and work should start leaving over the next couple on months.
  11. see boomin.com Call the top with this mainstream advertising.
  12. East of England £407,400 Up to only 13 times average local wages
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