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se7ensport

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  1. How is this news? The real story should be why was the FSA so incredibly and persistently incompetent and unable to discharge their duty. 10 Years ago is was uncovered by The Money Programme, 4 years ago I added it to wikipedia: http://www.housepricecrash.co.uk/forum/index.php?showtopic=104373&view=findpost&p=1658954
  2. Works for me. Quite tempted to amend slightly, fill out in bulk and post through the nearest estate agents door as well.
  3. I'm pretty sure a few from this thread would be interested: Omission Of Repossession Data - Land Registry Reply
  4. Quick cross post; couldn't hurt a few from HPC putting in their opinions: Land Registry And The Red Tape Challenge
  5. Possibly already discussed, but what is going on with Zoopla First listing price and last sale price?! Pick a house at random and pretty much its first listing price will be circa 4x its current price and last sale price similar, is the estate agents trying to mess with the tool or data corruption? Example 1 Example 2
  6. done: Thank you for your interest in the Government's consultation, Relaxation of the planning rules for change of use from commercial to residential.
  7. Sent to [email protected], [email protected] and a couple of his other colleagues also @communities.gsi.gov.uk All that is necessary for the triumph of evil is that good men do nothing.
  8. A LOT of house for the money; there are certain conditions that would be purchasers must abide by: It's Bridgewater so, if you aren't sleeping with a close relative you aren't welcome round those parts. "Bridgewater makes the Forrest of Dean look incest free" (pretty much a verbatum quote from a friend who is a presecuting barrister).
  9. The current gap looks like a disjointed market, there just doesn't seem to be the appetite to raise IR in the same manor that the market has priced in. Things are different this time, for one the banks need to recapitalise and are charging bigger spreads on trackers and in a self defeating attitude to risk charging prohibitive fixed rates. I also agree with OnlyMe: “This is not the 70's, incomes will not increase in line with the money printing.” To summarise: inflation tearing away, IR unable to be raised for fear of destroying the false recovery and incomes falling to come in to line with global markets. I’m beginning to conclude that the UK has gone past the point of no return and that we are now into a self destructive cycle that can’t be broken.
  10. Trying to get my head around the situation that the UK is in and that it potentially could go Japanese (if it hasn't happened already); by that I mean that the central bank interest rate can not be raised above X due to the number of mortgage holders and banks impacted. Knowing that 8 or 9 out of 10 are now on a tracker mortgage and assuming quite a high percentage of them will be on BOE + 2% (ish), how far can cantral interest rates be raised before the impacts on the economy become counter productive and forced sales are no longer practical i.e. if base rate hit 15% all of the above would be unable to pay the interest, but repossession is unlikely due to the sheer numbers affected (correct me if I'm wrong). Is 6% the new maximum???
  11. "Latest from Grant Shapps' Twitter I almost hesitate to mention this but having been a guinea pig for 10 O'Clock Live pilot, I'll be on it for real tonight http://is.gd/i45yWa # 1 hour ago" It'll be interesting to see how he gets on, it would be great to have an HPC or Pricedout member sat opposite him in the studio...
  12. I just spotted this and had to share: http://www.rightmove.co.uk/property-for-sale/property-31170359.html for perspective this is in the same area for £30k less!!: http://www.rightmove.co.uk/property-for-sale/property-31281503.html The original asking price of £325k for an outhouse is rediculous (thanks property bee).
  13. This is a whole of market broker, I'm not directly impacted as I'll delay purchase; I'm under no pressure and will choose not to take it (my wife actually gets it). I'm more surprised by the jump in rate without the BOE doing anything; guess it shows how well UK debt is rated and how fast its rating is changing.
  14. Just got off of the phone from speaking to a mortgage broker; I had a quote provided on the 14th January for 4.6% fixed for 5years on an 80% LTV. This has now jumped by 20% to 5.6%!!! Wish house prices adjusted downwards this fast.
  15. The bigger impact is to pension annuities (and to men), but that's not such a sexy topic. In short women live 4.5 years longer on average but pension companies will have to provide the same figure for both.
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