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House Price Crash Forum

HowMuch!

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Everything posted by HowMuch!

  1. Think its the same in any in demand service or goods at the moment, more enquiries than resources. Its the boom before the bust.
  2. Only two! Plenty of directors out there with multiple businesses to the loan for every entity they had.
  3. 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
  4. 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.
  5. 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!
  6. The Eastern Europeans who don't have the right to stay and work should start leaving over the next couple on months.
  7. see boomin.com Call the top with this mainstream advertising.
  8. East of England £407,400 Up to only 13 times average local wages
  9. Yeah, heard same round here, rock up at the local surgery and you will get offered it, regardless of age etc. Guess the financial incentives are quite good, just get them in and out.
  10. Yeah the STC are everywhere, many won't be completing.
  11. It has started, hearing about sales collapsing in every day conversations. Complete guesses... Stock market will go in the next few weeks. Cryptos will go at the same time. Gold price will be under 1500.
  12. if £50 a week is a problem, then the problem is not the SVR.
  13. surely if you get a judgment you just go for a charging order on the asset.
  14. all sound quite positive and responsible to me.
  15. this was news 3 days ago, however the context was rather that she was making a sarcastic comment based upon the suggestion that women avoid putting themselves in such situations. Media spun the story, but surely what really matters are the details of the particular case which are yet to come to light.
  16. as with a lot of protests, sorry I mean vigils, there is only a few trouble makers, often paid/funded... the rest are just bystanders and on lookers not pushing to the front causing no conflict.
  17. Half a million pounds, but it is "in sight of the river". Good family home https://www.zoopla.co.uk/for-sale/details/55749659?search_identifier=aa1ac952ac3062a4fb149311e3931dfc
  18. people have continued to die at a constant rate, there has not been a dramatic increase. repossessions will take some time to increase. the masses have not been made redundant yet. The economic slowdown has started and the crash is inevitable. I'm going 40% down in 12 months from today.
  19. 100 days work a year @850 a day = 85k no need to register for VAT
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