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House Price Crash Forum

buytoilet

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Everything posted by buytoilet

  1. Good job house prices went up this month, other wise more of thier book would have been underwater
  2. Its a bit of both, most people search online now. However fairly sure that business have cut back gone bust will thin out the pages
  3. Can someone just tell me what will happen please
  4. After a 20% drop in house prices QE kicked in and supported the market. If the BoE stop printing money will rates rise
  5. A masked expat pensioner whose savings are trapped in collapsed bank Kaupthing Singer & Friedlander (KSFIOM) has launched a scathing musical attack on the Isle of Man Government via YouTube.
  6. I run a small mortgage broking business, every now and then I like to post up conversations I have with potenial clients ******kwit: Hi I need a BTL mortgage for £320,000 Me: Ok Sir do you have a 25% deposit ******kwit eh 25% oh eh, right 25% you sAY Me: yes sir minimum 25% depsosit + arrangement fee of 2% ******kwit:I have 5% in savings, right well I could use the draw down facility on my mortgage account Me: Sir thats like 70k ******kwit: yeah my wife says with a reccesion on now is not a good time to buy Me: Dont listen to her what does she know ******kwit: your right, I am off to see my bank mananger will call back later. Would love to be a fly on the wall in his house when he tells his wife he just added 70K plus fees to his mortgage so he can make 300 quid a month. This guy is going to bet his savings, his mortgage and his equity so he can make 300 quid a month. will keep you posted if he phones back
  7. You instruct a solicitor to carry out the conveyancing work, just notifiy the lender who they are.
  8. thanks I ve got a song that will get on your nerves get on your nerves I ve got a song that will get on your nerves get on your nerves And this is how it goes
  9. I thought I was the only sad person that read the property section of the Telegraph, every week that woman goes on about how hard it is to sell, changes estates, low offers. Anna if your reading this FOR CHRIST SAKE DROP THE FRIGING PRICE AND THEN WE CAN ALL GET ON WITH OUR LIVES. Maybe she cant think about what to write. What do they call it writers block or something? now thats a good excuse for property not selling "writers block"
  10. So is your mum but I dont go internet forums talking about it
  11. They screwed everyone on the way up and now they are screwing every fecker on the way down, classic
  12. I would live in Harry Redknapps house as it is one of the few that have got their own jetty with deep water mooring. For those that don't know where Harry lives its sandbanks However as I have a family I should choose one that has beach access, but it is my choice.
  13. Thanks for getting this back on topic as soon as that graph came up I thought here we go. There does seem to be more bearish news around at the momment and if Auntie Beeb are running with it then the sheeple are going to see that house prices are going to drop further.
  14. Yeah I went for 15 - 20% that added to the drops already and property should start to look fair value IMO. However if lenders rates start to rise then we will see bigger falls.
  15. Because it is too dam hot to and not enough rain. It's thousands of miles from anywhere. Just to give you a rough idea how big the place is, it has 4 time zones, Perth is 4 hours behind Sydney, It takes 24hrs on a bus to get from Sydney to Adelaide.
  16. The sluggish UK economy is likely to mean that house prices will not see any "meaningful" recovery for some time, two separate surveys suggest. beeb link Nice, millions of people just been told no house price rises for a decade at best.
  17. Second charge is another mortgage normally for debt consolidation. chances are there will be other unsecured debt in the back ground. Add the 2 mortgage ballances togther, chuck in 10K for the credit card debt and that is the minnimum they can except plus say 5K for fees.
  18. Most mast these days have the halyard running through the middle of the mast to stop the rattle
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