se7ensport

Well the guy that I employ* to use his property is one of the 5.2% who has put it on the market. more from the article: "Rising borrowing costs and a subsequent drop in yields have also contributed to a worrying time for landlords." splendid "Interest rate rises later in the year will have a further dampening effect" splendid "but the underlying strength of the economy and an active housing market should ensure a soft landing for many." is this the same economy quoted by FP from the FT "record debt, record govt borrowing, record trade deficit, record repos, lowest savings"? *Landlord, dosn't deserve the title

complete day dreamer in the first place, looks like a few had been flipped on that road: 2002-01-24 7 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £41,500 2001-01-19 4 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £34,000 2004-05-14 4 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £82,500 2003-05-23 34 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £75,950 2005-10-18 32 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £75,250 2006-03-03 32 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £119,750 2001-07-27 30 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £55,750 2004-02-12 30 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £95,000 2005-07-19 30 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £129,000 2003-04-17 28 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £48,000 2003-05-01 26 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £74,950 2006-03-02 24 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £141,500 2001-12-14 17 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £26,250 2001-07-30 15 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £32,000 2003-04-11 14 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £61,000 2004-12-10 14 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £88,500 2006-05-12 14 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £93,000 2002-08-16 12 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £41,250 2006-01-30 11 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £86,000 2002-11-21 11 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £52,950 2006-08-18 10 Penmore Street, Hasland, Chesterfield, Derbyshire, S41 0PB £90,000 ourproperty.co.uk It's number 26 so it looks like they'll still may make a profit depending on how much they spent renevating it and final sale price. house number

not sure that there is a server big enough to host all of the data.... I'm trying to work out what they still own, they don't even own their offices anymore! As soon as they work out how to sell the rest of the public sector they will, although if the inland revenue was privately owned it might upset a few.

Just as we get to the point that nuclear power looks like a oneway bet the gov sell 25% of their shares, is this short termisum as we have come to expect? "The Government is to raise over £2 billion by selling a 25% stake in nuclear power firm British Energy, with proceeds going towards decommissioning reactors. (Advertisement) Trade and Industry Secretary Alistair Darling said 400 million shares would be sold to institutional investors, cutting the Government's stake in the firm from 64% to 39%. Proceeds from the sale will go to the Nuclear Liabilities Fund (NLF) to help meet the eventual cost of decommissioning British Energy's eight power stations. The move will raise over £2 billion at current share prices and is expected to be the Government's biggest stock sale for over a decade." link

I like

I have the audio file but I'm unable to upload it due to size, it's 23mb, any suggestions on hosting it?

Both my wife and I are on Canada's wanted skills list and have relatives there already, it's not a case of sitting in "someone elses country*" and whining, if house prices go down so will the economy, therefore is the UK the best place to raise a family? *not entirely sold on the idea the it's someone elses country, migration is world wide and has been for centuries, can you trace your ancestors back Xyears through evolution, all originating from within the same village/pond?!

"invest in German Property", before that Hiscox's home insurance.

The Newsnight blog left me feeling sad and angry, the gov and the BOE have really screwed the hell out of the country. It's getting to the point that even if house prices crash by a substancial amount there's nothing left worth staying for, emigration is really beginning to feel like the only sensible option :angry:

and there's more: "....I can only say from all this that I am part of a generation which owes neither my country or my elders any gratitude or loyalty. I encourage all who can to leave because this country is simply not worth the cost we each pay every day simply to live in it."

I'm going for a few quids worth, I've got a number of questions I want answered!

The historic price info is even out of date by a year! it's a complete joke.

Bristol, it had had 8-10% annual growth.... Year Bristol avg (sales) Eng & Wales avg 2006 (oct-dec) £199,700 (19,240) £203,455 2006 (jul-sep) £207,207 (4,734) £211,168 2006 (apr-jun) £196,634 (3,995) £198,571 2006 (jan-mar) £185,963 (3,074) £190,529 2005 (oct-dec) £187,820 (3,865) £190,976 2005 (jul-sep) £191,197 (3,931) £193,734 2005 (apr-jun) £182,625 (3,085) £182,964 2005 (jan-mar) £184,466 (2,285) £181,258 2004 (oct-dec) £179,880 (3,152) £181,647 2004 (jul-sep) £188,933 (4,386) £187,510 2004 (apr-jun) £177,614 (4,119) £174,660 2004 (jan-mar) £168,394 (3,287) £165,562 2003 (oct-dec) £169,256 (3,975) £162,781 2003 (jul-sep) £167,809 (4,011) £160,516 2003 (apr-jun) £160,343 (3,168) £148,455 2003 (jan-mar) £162,499 (6,797) £155,284 2002 (oct-dec) £155,022 (3,763) £144,593 2002 (jul-sep) £148,396 (4,587) £145,388 2002 (apr-jun) £134,526 (4,019) £132,342 2002 (jan-mar) £122,736 (2,899) £120,876 2001 (oct-dec) £122,838 (3,586) £118,195 2001 (jul-sep) £122,723 (5,067) £123,226 2001 (apr-jun) £113,920 (4,001) £116,132 2001 (jan-mar) £103,741 (2,533) £108,465 2000 (oct-dec) £103,725 (3,114) £107,207 2000 (jul-sep) £103,422 (3,186) £108,080 2000 (apr-jun) £100,226 (3,131) £103,975 2000 (jan-mar) £92,109 (2,785) £99,449 Figures from land registery, looks like prices may have peaked.

Did you miss the bit about being 60+ retiree? House maintenance is the big issue as she is single, either buy a new build flat or rent are her options. While she believes "in the ladder", she also realises that she can't do anything with the money tied up in her home and wants to enjoy her retirement. The point I was trying to get across, was that while I think most EA's are shisters, one of his own accord stated that he thought the market had basically peaked.

I don't agree with that completley, She did say she was also thinking of buying smaller or renting and he encouraged her to rent over buy! She doesn’t think a crash is coming and thinks everyone should get on the property ladder so he wasn’t feeding her up in any way. she’s doesn't have a mortgage and he didn’t suggest investing it back into property like others have. I genuinely thought it was refreshing to hear, I also appreciate it's only one anecdote.

While I agree with your point that EA's are double faced, there is quite a contrast between a 60+ retiree looking to rent and pass the responsibilities of maintainance on to someone else, and that of advising his children not to buy as he thinks the market is changing.

good oxymoron, what ever next: honest MP's

That about sums it up, sentiment has changed and so has the balance of the market

Mother-in-law has just put house on the market today (Bristol), a couple of brilliant quotes from the estate agent which made me smile: "you arn't alone in selling up to go in to rented, lots are selling and not many are buying, it's sensible to rent" "if my daughter or son were thinking of buying a house I wouldn’t let them, not at the moment, I think house prices wont go up any more this year and that a change is coming".

I've just renewed at current property, I went through confused.com and had atleast 5 sensible quotes + one daft one for £1300!!! Sounds like another opportunity to skim some more cash.....

Just looking at the terms and condition of Andrews Letting Agency: Andrews link "What about contents insurance Because it can be difficult for tenants to arrange contents insurance Andrews has a block policy. This protects your own personal possessions as well as your liabilities in respect of the landlord's contents, fixtures and fittings. This insurance is mandatory and carries an additional charge." I've already got content insurance for my current property, when I move I intend to transfer it, + I'm sure it falls under the FSA as you can't make somebody take out a product (it's uncompetitive!). Any info appreciated.

Just had a fool article sent to me, normally I can't stand the site, but this is an interesting article: "Although many of Milton Friedman's ideas shaped world economies, they've often been radical. Even last year, at the age 94 and just a few months before he died, the influential economist recorded a podcast for the Library of Economics and Liberty. In it he said, amongst other things, that we should fix currencies and replace the committee that sets the Bank of England Base Rate with robots. Well, that's what I wish he said, if only for comedy value. But what he actually said was only one step away: he said replace the committee with computers." Fool link

73

Ditto

I'm assuming you arn't in negative eguity (yet)?