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iamnumerate

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Everything posted by iamnumerate

  1. Personally the little I saw was the most enjoyable thing since the fall of the Berlin wall. I felt immense satisfaction that I am no longer paying for people to live in houses that I cannot afford. BTW if you think being on £26k p.a. makes you the poorest in society, you have obviously never had a low paid job. I feel quite envious of you.
  2. I agree. I think the message was "have lots of babies and don't worry about how to pay for them" - fortunately it is changing.
  3. I am sorry to hear that. Although for a few years I relied on Southeastern trains and South Western trains and South Eastern were far far better. Although I was not going on the Cannon St line maybe that is worse than the Charing Cross/Blackfriars/Victoria lines.
  4. Please tell me you are joking. I don't have anything against Hammersmith but that is a crazy figure.
  5. Easy if the debtor puts in y% of the equity and has no other equity (or gives it away before dying). House prices fall by y+x %and the debtor dies. Then they lose £x plus the amount not paid on the loan whilst the legal process and selling the house goes through. It is a vampire loan but they don't always work as banks found out in the US so it is a bit risky.
  6. Wouldn't the season ticket from Reading, Milton Keynes etc be quite expensive? IMHO once you leave London the savings more than go in train fares, although of course you have to do the maths.
  7. And also the trains go to Waterloo/Clapham Junction which is not so convenient for most jobs.
  8. Well it depends partly where you are working in Central London and the possibility of being their long term. If you are working near any of the following, Victoria, South Kensington, London Bridge, Charing Cross, Cannon Street, Waterloo or Blackfriars. I would consider the London Borough of Bromley. The prices are lower and the commute to those stations would be quite easy. Also your commute would be cheaper than the places you mentioned.
  9. Yes before the Tories took over in 2010 housing was cheap and plentiful.
  10. If you had ever lived in a flat with neighbours from hell who keep flooding you, you would understand why people think that.
  11. I think you are right, in fact some commutes would be quicker. I think the amount - £560 K is so scary - in 2009 it went for sale for £250k - how much modernisation have they done?
  12. I doubt BTL investors care much about their tenants being unable to buy.
  13. Ok sorry my mistake. I don't really care if my house is victorian/post war etc (FWIW I do live in a Victorian house). For me it is the space, cost etc which is more important. If I could get £200k moving from Bromley to Penge I would be very very tempted.
  14. IMHO Penge is only slightly less suburban than Bromley but if it makes you happy believing that it isn't.
  15. I really hope that this is changed, as long term this could really damage this country's future.
  16. That is my experience as well. Although prices in Bromley are mad, compared to many parts of London they are relatively reasonable. I think you could get a lot of money if you were to trade down to Bromley. I am not quite sure why this is, you would expect all areas to rise by similar amounts. Certainly the money you save on train fares to Penge you more than lose on extra mortgage interest (and places in the home counties, with higher commuting costs, have gone up a lot so that can't be the reason). Grove Park is another area where prices are less crazy compared to others parts of London.
  17. But she hasn't had to do anything in her life.
  18. A good way of showing how good they are wasting public money? My house was built for poor people in the 1890's and is still fine. It should be a scandal that these blocks can't last as long.
  19. You missed the best bit "Last sale £89,950 on 9th Jul 1998 " So it has gone up 7 times in 16 years, I wish wages had done the same.
  20. Why not sell the house and move to Bromley? You could get a similar house for £200K less and have £200K in the bank/paid off the mortgage. The transport connections are better as well
  21. Or become ill -sorry the quote button is not working. http://news.bbc.co.uk/1/hi/7746174.stm "Elizabeth Malcolm, 43, has never had a job. " "Things will change for Elizabeth next year, when she will no longer be entitled to Income Support for being a lone parent. " "A catalogue of events have left her and William suffering from panic attacks, while Jon has "gone off the rails" and started truanting from school. "
  22. Actually I think left wingers support immigration because it helps them get votes. If all immigrants where white Klu Klux Khan lovers from the US who are probably going to vote BNP when they get a British passport, then Labour would have stopped immigration 15 years ago.
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