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House Price Crash Forum


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Everything posted by war

  1. I cannot believe this. Is there no end to this? Where are these figures are coming from? And where is this money from? House price inflation of 11.7% while CPI inflation is down!!. http://news.sky.com/story/1336642/inflation-slips-but-house-price-growth-surges
  2. And another piece fromt he same page: London house price pressures are set to moderate and valuations may even decline, according to Deutsche Bank AG. http://www.bloomberg.com/news/2014-07-18/london-house-prices-at-risk-of-declining-deutsche-bank-says.html Interesting.
  3. An interesting piece of news from Bloomberg: Homes worth more than 2 million pounds in central London’s best districts fell in value in the second quarter in the latest signs of cooling in the U.K. capital’s luxury-home market. http://www.bloomberg.com/news/2014-07-18/central-london-luxury-home-values-declined-in-second-quarter.html Will it affect the rest of the properties?
  4. Vow! That looks scary. Reminds me of the foolish builder who built house on the sand.
  5. Same, I haven't been there either. According to you, every loser from here should go and live in the parks of Spain Different reports say upto 25% of Spanish are living below poverty line (of course, it does not mean they are starving). charity reporting poverty why should a Catholic charity lie?
  6. Hungry Spaniards I have seen similar here in Britain too, mostly elderly. But what is the problem? We can enjoy high house prices!
  7. Affordable property Sky twist To whom I wonder! Moderators: delete this post-did not see the other post made earlier on.
  8. It is just an attention grabbing news from Telegraph. Every successful business will do regular review to see how viable a business arm is. Probably no substance in it: HSBC denies move
  9. It is not unless you buy the land. Check this: http://www.direct.gov.uk/en/HomeAndCommunity/BuyingAndSellingYourHome/MobileHousing/DG_191087
  10. No excitement this time as expected: Bank of England holds interest rates at 0.5% Interest rate held
  11. Man, it is time for you to pack the bags and leave this hell hole.
  12. Interesting comment from NuLab! It is a fact that the coppers have become lazy(I do appreciate a lot of hard working, honest police men and women). Many are unfit for the job- flying in the cars with blue lights for no apparent reason(may be lunch is late), body searching the blacks (? for fun), sitting in the warm offices trying to find out new ways of making criminals of law abiding citizens, acting as the prop for the nulab machine- they deserve it! Only funny thing is Jack Straw giving this comment- one who is blind in both eyes making fun of one with a single eye!
  13. Check this website: http://england.shelter.org.uk/get_advice/renting_and_leasehold/leaseholders_rights
  14. As far as I know, free holder is solely responsible for the upkeep of the communal areas of the building - which could include lifts, gardens, hallways, lighting in the corridors and front doors. Lease holder does not have a responsibility on these. Leaking roofs should be the responsibility of free holder. However, lease holder is responsible for upkeep of their own house including painting inside and outside and otehr maintenance. Many freeholders have a say on whether or not you can have pets, decorate your home the way you want to, rent out a room to tenants or add extensions. the freeholder would have a responsibility to see that the leaseholder is maintaining the property to the necesary standards. This would mean doing appropriate repairs and then charging you for this. However, as others have mentioned, you have to check your leaseholder agreement and get necessary legal advice.
  15. It is reasonably big for British standard. Imagine: Rectangle of 65 sq.meters would be 15 metres x4.3 metres. 15=4+4+2+3+2,ie, two huge rooms(each 4mx4.3m each),lounge 2mx4.3m, kitchen 3mx4.3m and bathroom 2x4.3m- really big. Ask for floor plan as mentioned above. Obviously need store rooms, hallway etc which will give an average sized flat.
  16. Sadly someone had bought a flat in the same building in Jan 2008 for 833000, must surely be a *@nker. http://www.nethouseprices.com/index.php?con=sold_prices_street_detail&street=HENDON+LANE&locality=LONDON&town=LONDON&cCode=EW&year=All&house_style=All&house_age=All&search_radius=15&outcode=N3&incode=1RR&eastingToSearch=52450&northingToSearch=19020 Shows how much property is ramped up in UK. :angry: And with the bank bonuses to continue, how much more do we have to suffer this?
  17. Daily Wail says: Debt-ridden Nicolas Cage sells his English castle http://www.dailymail.co.uk/news/article-1220456/Debt-ridden-Nicolas-Cage-sells-English-castle.html Price down from 5 to 3.5 mill! Accepted offer below guide price. He sold another property to restore this castle. Did he really want to live in that castle? Now the restoration has been halted, how much does it affect local businesses?
  18. You should buy if you think the house is for you. You are 30 and how long do you want to wait for possible price drops? The prices have dropped by 20% in different areas, but that is it. No govt will allow massive price falls, for fear of their own existence. In the US, prices are already recovering, at least from what we are led to believe. House price rises have been a world wide phenomenon. Hence GB claiming saving the world, as no one could oppose views on QE. With the governments diluting the savings, the deposit in a couple of years may not stretch far. If your GF is happy with the house and you are willing to pay for it for next 15 years, why not buy it now rather than wait longer?
  19. 'There are green shoots everywhere!' Through the radioscope, only with the help of his glass eye, Broon exclaimed!
  20. So, in the current climate, expect the house prices there to go up!
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