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Balloonist

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About Balloonist

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    HPC Poster

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    SW London
  1. Interesting read. http://www.theregister.co.uk/2014/09/21/crawling_from_the_wreckage_essay_the_death_of_economics/
  2. Balloonist

    Mmr Anecdotal

    I wouldn't imagine so. The mortgages that are based on day rates are usually advertised specifically as not needing lots of years of accounts. This page even has a handy slider to see the crazy amounts of money they'll throw at you! http://www.freelancerfinancials.uk.com/ And a quote from the page...
  3. Balloonist

    My Experience Getting A Mortgage In The Post Mmr World

    I did change lender, it's a completely new mortgage. Not sure if that makes a difference or not, but I was surprised at how lax they were.
  4. And to be honest, it was easier and less hassle than a few years ago. I originally took out a mortgage in 2012 and have re-mortgaged this year. Back then they wanted 3 months worth of personal and company (I'm a Ltd company director) bank statements, probed into the work I'd been doing and I had to supply more documentation over what they initially asked. Just gone through the re-mortgage process recently and they only wanted the previous month's statement for personal and company bank accounts. No real questions about outgoings to the extent that I've heard about and they just wanted proof of earnings from HMRC and the past few years company accounts (both of which were needed back in 2012 as well) From my, admittedly limited, point of view it seems that MMR hasn't really changed anything.
  5. Fixed link: http://www.rightmove.co.uk/property-for-sale/property-26111589.html This looks like the place that was featured on Evan Davies' programme on the divide between London and the rest of the UK a month or two back. IIRC correctly the plates on the dining table cost over a grand a piece.
  6. A cubic mile is still a hell of a lot of stuff. It would be enough to cover the whole of Greater London with a 2.5 metre thick layer of concrete.
  7. Balloonist

    Balham/ Clapham

    Around £800 per sq.ft. seems about par for the course for the area these days. Two flats on my road came on the market recently for about that sort of price and they're both now Sold STC after a few weeks.
  8. Balloonist

    Rent To Buy Opportunity

    Looks like they tried (and failed) to flog it for £1.3 million in 2012 http://www.zoopla.co.uk/property-history/36-belfry-lane/collingtree/northampton/nn4-0pb/17127491
  9. Balloonist

    Refused A Mortgage Under The 'new Rules'

    That's for Manchester, which is likely the city of. South Manchester, which presumably in the context given, means some of the nicer bits of Trafford such as Altrincham, Hale and Bowdon are a world apart from Manchester. I don't live there any more, but it wouldn't surprise me if that area is having a mini boom at the moment.
  10. I love the fact that they manage to show seven photos of pretty much the same thing on the rightmove link
  11. Balloonist

    Changing The Number Of Posts Per Page

    Great, thank the software maker from me for removing features in the new version and making the board much less useable
  12. It seems that since the "upgrade" I have now gone back to viewing topics at 15 posts per page, rather than the 40 that was set in my profile prior to the change. I can't find anywhere in the user control panel to set that now. Is this something I have just missed, or have the powers that be removed this feature now?
  13. Balloonist

    Balham/ Clapham

    Over 1000 per sq. ft. for this place: http://www.rightmove.co.uk/property-for-sale/property-30116556.html At least with that other one it was decked out nicely inside, this one's just a shell.
  14. Balloonist

    Balham/ Clapham

    It's gone utterly mental recently, seems that £7-800 per sq foot is the minimum for anything half decent around here now. I saw the 2.5 bed ex-council house that I posted above has gone SSTC now after being reduced to only £675K!
  15. Balloonist

    Big Changes To Pensions

    That calculator is nothing like an actuarial tool though, it merely tells you an expected lifespan based on some risk factors and doesn't take into account your current age. If you put in some criteria you'll get the same lifespan if you say you're currently 20 or 65. A proper actuarial table would take this into account as there's a finite chance of a 20 year old dying before 65, so once you reach that age your expected lifespan is higher.
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