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House Price Crash Forum

shlomo

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Everything posted by shlomo

  1. I could believe they have loaned large amounts of money at low interest rates and the companies they have loaned to are shaky as the business environment is changed leading to mega defaults
  2. I think the government has to react to crisis like Covid even if the action they take is pointless
  3. This is also my reading of how the situation will unfold
  4. The world is not going to end but we do not a 30% cut in the standard of living
  5. Yep, we are going back to the 1970s standard of living
  6. Everything I say on HPC is true I just assumed others were like me, we have anonymity so we can tell the truth. I really thought you were a 45+ year old man living with your mum in grimsby-ish and bitter with the way life has gone
  7. It is your sense of humour and you have boasted on HPC as selling used ladies underwear
  8. If you look back at his posts he also does this, I would not be surprised if he is on mumsnet posting as banana2079, this would fit in with his sense of humour
  9. I never thought of that, probably because i am not a woman or divorced
  10. In six months from giving money to third world countries now she needs money
  11. True, I do not know why they even pretend to be right wing, the elite want cheap labour, talk of right and left is nonsense
  12. Depends on the time if it is was 2008 it would be true but now it would be wrong
  13. Paul BullockMortgage Advice for all (UK) · So, we put an Earlybird hold down on a new-build property. Within the first month, they increased their price by £15,000 and we've had another email saying it will go up another £10,000. So in total £25,000 increase within 2 months. As of now, the property is now £450,000. I really don't know what to do, am I being ripped off, should I still go for it? Are prices just stupidly high at the moment and we'll end up in negative equity? I know (in Warrington) there are thousands of people from Hong Kong coming over-inflating this offering £60,000 over asking etc. This is why we were so happy to get a hold on a house, as for the past year we've been kept getting out-bid. Just a £25,000 increase I feel they're trying to force us out of it, so they can go with the international buyers. Any advice? What would you do?
  14. Paul BullockMortgage Advice for all (UK) · We offered 15k over asking price and got accepted. It's an older house. Therefore, we got a level 2 buyers valuation survey done. The results come back bad for pretty much everything. Mainly electrics, roof and an asbestos garage... Because of this we wanted to check in more detail if it wasn't the case of 'its marked bad as there's no certificate' etc. So, it needs a complete rewire, the guy said its a death trap £5-7k, asbestos removal 2-3k, roof fixes 5-8k. The surveyor guy valued it at the price we offered. Therefore, the seller said there's no negotiation to be had. However, in light of these quotes, surely there is room for negotiation? I want off what the works going to cost me? What's your thoughts, what would you do?
  15. She was using you for SEX and doing the cooking and cleaning, please do not complain men have been doing this for centuries to women Germaine Greer
  16. Sabrina Lodge Mortgages Admin This is a very loaded question which probably is best for a talk with someone on the phone but will do my best on here.. Do you know why the other house has gone on for less? Do you know the situation of the seller? Is there a problem with the house … See more Rachel Whytho Go and arrange a viewing on the other house, see what the difference is, there's probably a reason it's so much cheaper as housing prices haven't dropped at all yet. But if you like the cheaper house, it's maybe worth pulling out and going for the othe… See more Saad Kamal I pulled out once and regretted it for 2 years everyday! Listen to Sabrina above, good luck!
  17. From Facebook https://www.facebook.com/groups/162502548973990 ------------------------------------------------------------------------- Paul Bullock Mortgage Advice for all (UK) Hi, we got accepted on a house 3 months ago, now its near completion, the exact same house on the same road has been listed for £65,000 cheaper. Now looms a predicated 10-30% housing market crash on top of that... I think we would be daft to go through with it? We could be potentially over 100k down... Just wanted to see what others think? I know interest rates have gone up, and there could be a crash I'm just wondering if its worth pulling out and waiting or asking for a reduction... Thoughts? Thanks.
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