Jump to content
House Price Crash Forum

#1 on West side

Members
  • Posts

    341
  • Joined

  • Last visited

Everything posted by #1 on West side

  1. Thanks for the umptieth replay of your current situation, Bruce... We are well aware of your "my interest covers my rent" scenario. Now let's get back to the OP's question...
  2. Cheers, mate. Put in a few long positions, based on your call, and they are really looking good so far...
  3. I hear you, mate... Renting a lovely coutry house in Surrey at less than a 50% IO mortgage. No brainer! Also love the bits of Silver... Bought a few kilo bars for a laugh 5 years ago for £245... selling for a cool £1k at the moment on eBay. Anyway, enough smugness; just glad that most of us on here can every now and then get the feeling that we might just have done something right...
  4. The sarcasm FILTER is working very well. I think his sarcasm DETECTOR needs a bit of maintenance...
  5. Many arguments on this thread (rightly) point out that a tracker mortgage, e.g. BoE + 1%, is not in immediate danger in the near future. The chances of the base rate hitting , say 5% in the next 2 years, is relatively low. So, kudus to those who picked the lifetime tracker products. I am looking at those that picked the tracker mortgages over two or three years, who I think are a large part of the "9 out of 10 borrowers". After all, why have a 10 year tracker at BoE + 3% when you can have a two year tracker at BoE + 2.5%. Seriously, I know quite a few sheeple who argue like that. My point is, these borrowers are truly f**ked: Their term is nearly over and the new products on offer are at least double their existing rates, regardless of the BoE rate.
  6. For me POA brings back memories of menu items in a posh restaurant (like the Lobster). It sends a clear message: "If you have to ask the price, you cannot affort it." Totally escapes me how POA is helping a house sale.
  7. +1 Standard negotiation technique. Would you buy a house for , say £245k, from me if I started with "£250k and not a penny less or strike me dead", or would you buy at the same price if I had "£250k negotiable". Buyers who are interested will ignore the fixed price blurp and feel they have achieved something by getting you to give them something in the negotiation (e.g. a measly 2% discount)
  8. Seems pretty serious. I've got some Barclays stock and wanted to put in a "sell at limit". Got the following Error Message: sounds like a BUY signal to me...
  9. I seriously dislike unsolicited sales calls. Did not even try to catch him out, just told him politely to sod off.
  10. Did not take long for the opportunists to pick up on this one... Had a young lad calling at my home today, trying to urge me to switch to Scottish Power, as they will apparently not increase their rates. He did cite the Japan catastropheas reason why everyone else will have to increase their bills.
  11. But what about the yellow stuff? Why is the unmentionable "G" word also down... nealry 2%?
  12. Could probably been worse... Circuit breakers were triggered AGAIN. Last trigger was on 13 March. Reuters Linky
  13. It certainly did bounce towards the end of the session (ending 6:30 UK time): From 7900 to 8700. Yeah... this is a reflection of the actual value of the stocks... NOT. Some people made/lost a lot of money in the last few hours...
  14. Talk about pressing the reset button... Back to March 2009 index.
  15. FTSE dropping 130 points in the last 4 hours, but that's nothing compared to the NIkkei: dropped 1400 points (over 15%) ... and the FTSE hasn't opened yet!! I love the smell of market panic selling in the morning...
  16. Aaarrrghhh... not again! I repeatedly find myself opening topics with a significant number of posts, assuming to find a useful, intellectually stimulating flow of arguments, only to discover a petty banter, which is turning, quite frankly, rather boring in this case. Handbags, ladies!! EDIT to add: As a sub-1000 this post was made with humility as required by newly introduced protocol...
  17. "Priced below Market" That one really gets my goat - showing a total lack of understanding of basic economics...
  18. What?? I thought "Pay it Forward" is used to describe the concept of asking that a good turn be repaid by having it done to others instead (Wiki Linky). This bloke insists on winning the lottery as a result of others being good to him??
  19. In principle I agree with you, which is why I stated that it was a tax decision a the time, Also other complicated parameters, which are less relevant to the point. My point of the post is: SHTG is right, I am being taken for a ride. They even told me in the letter that the taxable value of the car has not changed (Duhh...) and by my reasoning, the depreciation should also remain unchanged. Simply by increasing the VAT on the "financial services" my payments have increased significantly. Also, this is yet another hidden inflation element...
  20. Like many others, I have chosen to take the company car option as it made sense from a tax point of view at the time. This results in my pre-tax income being reduced by roughly £550. Got a letter last week informing me that due to the VAT increase my monthly lease payments have gone up. They even had the cheek to inform me that it is not a "straight line increase" (good old compound interest and all that, I assume...) and my monthly lease payments are now a whopping £590 (more or less). Nearly 9% increase!! The fact that the car has been "bought" well before the VAT increase is immaterial... Renegotiating the lease terms is also not feasible... How many more do you imagine are out there with this belated x-mas present? :angry: EDIT: typos.
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.