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19 year mortgage 8itch

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Posts posted by 19 year mortgage 8itch

  1. 56 minutes ago, Locke said:

    Desperate leftie/Keynesian Boomer propaganda.

    Wrong. Incomes do not have to rise for people to save.

    Wrong. Paying off the mortgage erodes mortgage debt. This is easier with low mortgage to spare income ratio.

    Wrong. It is not the magnimosity of boomer shitheads which graciously enables young serfs to move. It is the building of houses, and the costs and realities of aging and family moving out which make it economically worthwhile to move.

    Low interest rates, high inflation, planning permission and high taxation have caused this scenario and this Statist apologist ***** needs to keep his poorly educated opinion to himself.

    Would you like me to get your nurse for you?

  2. 5 hours ago, zugzwang said:

    A fully-costed manifesto to repair and re-fit the UK economy for the 21st Century is what Labour offered. There was nothing extreme about it, except perhaps the belief that it could be accomplished in a single parliament.


    those drugs you're on must be epic.

  3. On 31/01/2020 at 17:06, markyh said:

    The English girls just roll their eyes, sigh, think "all that hard work" , light up a fag, flick the channels of Sky TV, pick up their six month old sprog for a feed in their free council flat and think. Oh, daddy will be visiting tonight so mummy can have some rumpy pumpy and a takeaway curry. 



  4. 1 hour ago, Saving For a Space Ship said:

    Home ownership among young people rises after decade of decline



    If there was one lesson HPC could have passed onto the side who lost Brexit it is that when you insult people they don’t listen. Hearts and minds, hearts and minds. I was surprised by this news but that’s where we are. The govt is using our money to do this. ?‍♂️

    what you going to do? Vote labour? ?

  5. On 18/01/2020 at 17:35, Dorkins said:

    If you have kids the sweet spot is probably personal allowance + £40k, then dump £40k pa into your pension and claim as many tax credits as you can. When you reach pension age minus 10 years take your 25% tax free lump sum to buy a house.

    But typically you want the stable home whilst you’re raising your kids. Not when you’re nearing retirement. 

    Also, I’m not sure it would be much fun raising kids on < min wage + tax credits :blink:

  6. I’ve only been matched betting for about 3.5 years. Bet365 and their adoption of early payout offers have been a goldmine. Clear value and very scalable. Until they shut you down that is.


    There has always been one thing that bothers me though. People are putting thousands of pounds a week (a day for some of them) through bet365 with no discernible income and yet bet365 ask very little questions. I know we tended to be in profit or slight loss so despite the turnover weren’t actually that bad but still, who is legitimately spending all this money through them? 

    Especially as the matched betting crowd are betting in the names of other people to take advantage of the offers with very little challenge.

  7. On 02/10/2019 at 10:38, Andy T said:

    Have been to Hale a couple of times in the last month to pick up ebay purchases.

    Prices are nuts, one semi I went to was worth about £1m, bought for £170k in 1996!

    A bit further out towards Hale Barns and it's £2m. 

    Something different I noticed is that every other house has a large 'Security' type Sign attached to the gates or garden wall - obviously trying to ward off burglars.

    The B Streets (terraces) were overflowing with parked cars, I could barely drive down some of them as the bigger cars wouldn't fit and were sticking out at an angle. Maybe some of those terraces have been chopped up into flats.

    When driving around the B streets, I just close my eyes and hope for the best.


    in the new year I’m going to start a wing mirror repair franchise and offer B street residents a loyalty scheme. Then roll out to Beech and Ashfield in the Tree roads.

  8. 33 minutes ago, Bluestone59 said:

    And so it should. 

    One thing I discovered was that the skills of the layers do vary or certainly used to.  Computing advances have likely narrowed such differences since then. During my association with 365 I found I'd run up a £650 loss, this perturbed me a little as was more than I'd thought or was used to doing. Then I got half of it back in one go followed by a couple of smaller wins and I bailed out, but they were still a little bit ahead of me at the end.

    They always struck me as bandits, they had a nickname "Bet £3.65" at one time due to their pathetic niggly paring down of what they'd allow you to stake. Coates replied that jobs were at stake, (and her remuneration although she didn't mention that).

    If I'm offended by level of an executive's pay I won't patronise the firm unless I'm totally stuck.  That's the right way to hit back; as the guy said above, if Coates is that good at making money fair play to her.  Maybe she gives shedloads to charidee although I can't look at her picture for more than a few seconds, seems like she's drilling into my soul.

    Despite my slight socialist tendencies I don't want armies of civil servants deciding people's pay on orders from Corbyn, McDonnell or similar. But yes, some execs' pay is obscene.



    As you mentioned it: https://www.civilsociety.co.uk/news/bet365-companies-gave-founder-s-charity-75m-last-year.html

    I've spent the past couple of years rinsing bet365 of as much as I could. I used to cherish Denise more than my wife. Alas it is no more and I’m having a Bob Cratchit Christmas this time round.


    (will pay good money for a promo eligible 365 account ?)

  9. On 14/12/2019 at 19:42, Dorkins said:

    Crikey, blast from the past. Welcome back!

    Not staying, just seemed like an opportune moment to see exactly the same crowd going round the same arguments. Could be worse I suppose, the racist clown splinter group could have come back.  

    On 14/12/2019 at 21:57, Lurkerbelow said:

    Misery loves company?

    (I'm damn miserable after this election result)

    Cheer up, 2015 was far, far worse. 

    11 hours ago, spyguy said:

    Well... my consisten points are -

    The problem is that Gordon Brown, from 2001 to 2008, blew the biggest credit bubble the uk has ever seen, mainly on property.

     Why? Because he was an ffing loon.

    Then he bailed the debt owners n banks out with zirp and state backed debt.

    Why? Because hes a vain idiot who did not want to be seen as the biggest cretin ever.

    Combine that with a gormless lucrative working age benefits, paying out eqivsten to a 50k job. Made even worse by allow non nationals to claim it to, bringing over ~15m mainly no to low skilled migrants, to live in the IO btl houses....

    Uk is still living with the fallout, alnost 20 years after the loon started.


    How it pans out.


    1. IO BTL is dead. 80% of io btler will rue tge day they got into it. The long overdue changes will bankrupt a lot. Most btl north of milton keynes are looking at least a 30% hit.


    2. People get old n die. Simple uk demographics - in 10 years 50% of65+ will be dead.

    Browns fwittery has concentrated property in the now over 55 - both OO and 'investment'. This stuff has to transact at MMR...

    Boomers retire, massiv pe fall jn population.


    3. MMR. Basically the end of uk banking, as was 1975 to 2008.

    I cannot stress how much the banjs ffed up. 80% of uk banks by lending was either bust or partially nationilised in 2010.

    The banks i grew up with - halifax, scarborough bs, nationwide, lloyds, etcetc - all bust, mo more.

    BoE has now drawn the line and linked mrtgages to proven regulsr income.

    Basically 4x household income - regular spend. Or no more than 30% of income with IRs @ 6%. And before you go .... but base rates are at 1% .... svr is at around 4.5%. Banks have to raise a lit of exoensive debt and hold more equity.

    And ... the layoffs in the finsec are huge. The finsec accounted for most well paying jibs in the south.

    Large double hit.


    4. Gormless migration.

    UK have took in ~15m mainly low to no skilled migrants. Massive effect on housing costs and wages.

    Shame its resulted in upbrexit but both the uk n europe shoukd have moved quicker when it was obvious that eeers were streaming into uk.

    A 30k min job fir single under 30s and remivsl of access touk benefits n free public servuces will see millions go home.

    There are billions to be saved by removing access to migrants. Should have reformed uk benefit rules in 2002.


    5. Benefit reform.

    The mismatch between older home owners people  and renting tax creditiors is huge. Massive oversupply of probates and 'We cant sell...' They can sell but see MMR n local wages.

    ffs, has no ond boufht this guy a new kyboard yet?

  10. 19 hours ago, TonyJ said:

    True. Every boomer is to blame for the faults of the millennials.

    I would go further. Everyone is at fault for everything and we should move forward on that basis.

    Anyone who says it’s not their fault is a hand wringing, sloping shouldered, poor excuse for a ‘good man’.

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