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About Pompey

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    scuba diving and wreck research

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  1. This government needs to get really tough on the waste, such as huge great 4x4 just used for the 'school run' and shopping. maybe a £500 vehicle tax for these? Then abolish VT for motor bikes & cars <1000 cc ? In fairness, the government has introduced a semi green 'tax' incentive - see http://www.cyclescheme.co.uk/ where you can get a tax free bike through your employer. At the moment, there are very little choice for power generation. I think we will have to build at least 5 new nuke power stations within the next decade & preserve the oil for manufacturing etc. One of the
  2. DOCUMENTARY: The Explosive 80s: Property Revolution Channel: Channel 4 4 Date: Monday 9th May 2005 Time: 21:00 to 22:00 The first in a season of films reassessing the impact of the 1980s, a decade that changed the face of Britain forever. 2005 marks the 25th anniversary of Margaret Thatcher's most radical policy, the Right to Buy, which enabled millions of council tenants to become home owners. The policy was a runaway success and kick-started a decade in which we became obsessed with our houses, and even more, with how much they were worth. Right to Buy created a DIY boom, designer furn
  3. Just before the last crash in '89 beech huts & garages went for silly money. Another 'sign' of the impending HPC... BBC Beach hut bids deadline arrives The deadline to submit bids for 14 beach huts in Bournemouth, Dorset, which boast breathtaking sea views across Poole Bay has arrived. The purpose-built huts, on a raised terrace called The Royal Balcony in Durley Chine, are expected to fetch more than £350,000. Buyers must have offered sealed bids of more than £25,000 per chalet by Monday. The structures come with a 25-year site lease. At the moment people can only rent a hut site
  4. From BBC News The number of mortgages approved rose to their highest level for four months in February, new figures show. According to the British Bankers' Association (BBA), 47,365 home loans were granted during the month, up nearly 14,000 on January's figure. The BBA said the figures could indicate the recent slowdown in the UK housing market could be "bottoming out". However, February's figure represents a 35% fall from the 72,339 home loans recorded for the same month last year. Overall, gross mortgage lending rose from £11.6bn to £11.9bn between January and February the BBA said.
  5. You can check out potential flood risk areas @ Environment Agency
  6. http://news.bbc.co.uk/1/hi/business/4314073.stm After a decade of defying gravity, house prices look set to come down to earth. Adrian Manic's home in Ashford, Middlesex Mr Manic paid £165,000 for a two-bedroom shop conversion But will it be a soft-landing for Britain's longest ever property boom, or are we in for a house price crash? It seemed they would keep going up forever. For nine years house prices have surged ahead with barely a wobble, almost trebling since 1996. Thousands of ordinary homeowners have watched their wealth increase as the value of their home has soared. The prom
  7. I think there will be dancing in the streets if they do, but most of us are preparing for the worst. At least we are above the scummers ;- Nice 2 bedder with sea views £30k ( with enclosed balcony ) anyone? http://www.rightmove.co.uk/viewdetails-3660789.rsp/
  8. A nice 1 bedder... 1) http://www.rightmove.co.uk/viewdetails-4150928.rsp ~ Why go to the Pub, when the pub can come to you? This is in the salubrious district of Paulsgrove, where a paediatrician was attacked in 'mistake' for a paedophile.
  9. Living in Portsmouth, I'm spoilt for choice: 1) 3 bedder for a ton: http://www.rightmove.co.uk/viewdetails-4224184.rsp/ 2) http://www.rightmove.co.uk/viewdetails-4780640.rsp/ 3) Gosport anyone? http://www.rightmove.co.uk/viewdetails-4133374.rsp/ 4) WTF? http://www.rightmove.co.uk/viewdetails-4246855.rsp/ 5) & finally, my favorite: http://www.rightmove.co.uk/viewdetails-3468298.rsp/ see, you can get a 3 bed house for 70K, Hmm nice...
  10. Home owners 'face mortgage shock' Home owners whose mortgage interest is reviewed on an annual, rather than monthly, basis face a sharp jump in payments, a mortgage broker has warned. Mortgage broker Charcol said that with four interest rate rises this year, borrowers could see their interest payments rise by about a quarter. For a mortgage of £100,000, borrowers on annual interest review could find their payments rise by £83 a month. Two million borrowers have their interest rate reviewed annually. Interest recouped Many borrowers, who took out their mortgages in the 1980s and 1990s,
  11. Gold = Wealth, Cash = DEBT! By Alex Wallenwein November 22, 2004 You can hold a lighter under a one-ounce gold bar for hours, or until it runs out of gas. Nothing will happen. Now try the same thing with a bundle of $100 bills. That's an apt representation of the permanence of gold wealth versus paper-wealth. (It is also what the current US administration and the US Fed appear to be doing to the dollar right now.) For some very strange reason people think that having a lot of "money" means they are rich. If they only knew! What they are missing is that what goes under the name of "money"
  12. from http://news.bbc.co.uk/1/hi/business/4015403.stm Call for more tax on second homes House removal Second home ownership is up 15% since last year, says the charity Council tax for second homes in England should be doubled to counter growing rural homelessness, housing charity Shelter has urged. The charity said homelessness was now growing at a faster rate in rural areas than in towns and cities. The rise is partly due to people buying second homes in the country, it said. Second homes in England currently qualify for a council tax discount of between 10% and 50%, depending on the di
  13. Yes, you could live in the property that you buy through a SIPP. However, you must pay a market rent. If not, any difference between the rent you pay and the market rate will be taxed as a benefit in kind! It also applies to Holiday homes. Even if you use the property for a few weeks a year, you will still have to pay 'rent' for the time it is used. Don't forget, the normal pension rules still apply for a SIPP i.e. you can only put in a percentage of your gross income per year. So, even if you were on 50k you could only put in about 10k per year in. This % increases after 40 though. Ther
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