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House Price Crash Forum


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Everything posted by bomberbrown

  1. Currently rented on 3 year leases indicates a renting to the council deal???
  2. I hope she is going to be one of many new blood MPs to come.
  3. What's more depressing is it's a new build, so it was designed as a tiny 2 bed rather than a conversion (assuming that is not a stud wall that the current owners have put up after) That's a 39.4 sq metres 2 bed and my 1 bed flat is 53 sq metres!
  4. Every tenancy agreement in U.K. must by law contain the landlords address. Not sure if this can be the letting agencies address mind you.
  5. Indeed. I've a feeling that might turn out to backfire on the Grenfell Tower Action Group. I mean, come on, seriously, dumping all types of crap on you own doorstep is not very sociable. That said, it still shouldn't detract from the idiots that thought it was a good idea to encapsule a residential tower block in flammable cladding. They didn't stand a chance.
  6. Classic! Kitchen turned into 2nd bedroom. Hey presto! 1 bed turned into 2 bed.
  7. Easy affordability here in Lambeth. I might buy two! http://www.rightmove.co.uk/property-for-sale/property-57809575.html Seriously, median wage won't even get you a shoe box above a kebab house here in Lambeth http://www.rightmove.co.uk/property-for-sale/property-63732482.html And an ex council house is a dream even further away http://www.rightmove.co.uk/property-for-sale/property-47340303.html
  8. How many BTLs are declaring tax to HMRC in the first place? That's what I'd like to know as that's how many it will actually affect.
  9. Durhamborn, I'm not sure how leasehold/freehold purchase works, but I'm curious. 1. How could you guarantee you could buy it in 2 years time? What if they didn't want to sell it? 2. How could you guarantee it would be £2k? Might they just ask £10k for it then? Genuinely interested as your strategy, as much as I like it, could be risky if the above were not guaranteed.
  10. History repeating itself? http://www.housepricecrash.co.uk/wiki/Read_what_the_Newspapers_were_saying_last_time_around
  11. Ironically, the size of the rooms of the prison they knock down will be bigger than the new builds they put in place.
  12. Ahh, OK, my mistake. I thought 'secured' meant covered by FSCS.
  13. Hmmmm. Sceptical. Reading the FAQ on whether this is covered by the FSCS. Sounds like when your money is covered only when it's not being used for a loan. In other words, while it's being used for a loan i.e. All the time, it's not covered. Errr... no thanks. While your money is on deposit and before a relevant loan offer period commences, it will be held in a separate bank account which is managed by the Custodian, Reyker Securities plc. This account is covered by the Financial Services Compensation Scheme up to £50,000 per investor.When your money is lent to Amicus Finance plc, it will be secured over the assets and business of Amicus currently totalling over £50m (as of October 2016) including loans to customers, secured on UK property.
  14. I've skim read the white paper and as already predicted by various news bodies this morning, there's NOTHING game changing in there at all. Just a rehash of all the other props. This country is fcuked!
  15. How did she sell for £2 a house she had been evicted from? Who actually has a charge on the house?
  16. ....and no bath and a washing machine in the living room!!! People deserve what they get!
  17. Why is it just Surrey? Do they have an extraordinary higher number of people requiring social care compared to all the other boroughs/councils?
  18. http://www.bbc.co.uk/news/uk-england-38506338 So, the 'benefits' of owning your own home are.........
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