Jump to content
House Price Crash Forum

Antsy

Members
  • Posts

    642
  • Joined

  • Last visited

Everything posted by Antsy

  1. Journalist was Patrick Collinson, editor of Saturday Guardian's Jobs And Money section. Hope that helps. PS I am a keyworker but wouldn't touch part rent part buy with a long pole. If I only buy half the place, why should I be liable for the wholee cost of repairs, etc? Sounds like you get the worst aspects of buying with none of the benefits of renting - expensive.
  2. Whn milk is 'on the turn' it means it's about to go rotten
  3. Quite so. Given their record, I'd put money on the party faithful piling in behind Rifkind, simply because he's the most unelectable of the lot. I don't actually think Ken is that bad - but then, if you voted for him you'd be letting in all the other bigots, hypocrites and idiots they have as MPs to run the country. And that frightens me. I'll give you Tim 'I like familes so much I had two of them on the go at once - but single mums are scum' Yeo for starters.
  4. Are you joking about Ilford being nice? or have they knocked it down and re-built it during the last 6 years?
  5. The agency are holding the deposit, right? If that's the case, write to them saying you have moved out and want your deposit within 2 weeks or you will be taking legal action to recover it through the small claims court. That should make them shift their bums. If you are a student or on an income under about 14k you can get a rebate of the court fees so it won't cost you anything. otherwise it qwill be about £80. Send the letter registered post and label it 'letter of notice before action' (the courts like to see you have given them a chance to cough up). if it goes to court and they dispute paying everything back to you, there will be a hearing in front of a court officer who will decide the matter based on the evidence. Good luck
  6. If the house is semi-furnished and the agent is willing to put in beds at their own expense to get you to rent it, I'd say there was plenty of room for negotiation. Just give them a ring - let's face it, they're not exactly getting a huge income from sales at the moment so the monthly drip feed of management commission from a rented home is probably going a long way to keeping the car fleet repo man from their door. Play them at their own game and mutter about having seen something else with all the equipment but in a slightly worse area - and you're having such a hard job choosing between them because of this awkward issue about the beds. We suffered a dreadful bed in one of our rental places - reckon it was about £50 from the local cheap shop and we kept having to ask for it to be replaced as the plywood base fell apart regularly. Not to be advised as a bad back isn't good news.
  7. Urgh - anyone care to post a link to the big SIPP discussion thread - can't seem to weed it out of the search? The Mrs is writing an article about this for a magazine and I need some REAL informed opinion to place before her....
  8. Ridiculous price - it is on a main road (in holiday period particularly, when people avoiding the A30 stream through the back of Bodmin) and nothing can justify HPI in a falling market. Anyway, the lower end of Honey Street has a drain 'odour' problem at the moment, according to local shopkeepers. Won't do much for buyers if it's wafting across the road.
  9. they are also trying to sell 2 bed flats in a 'mews' in the street containing the Hole in the Wall pub for about 200k. Nearly gave myself a coronary laughing when I saw it in the Cornish Guardian last week. You could buy a lovely home in a village nearby for 495k. New build prices in the Snozzle-Roche-Bugle area are unsurprisingly being slashed at present, so I have no doubt Bodmin is next on the list and well deserved it is, too.
  10. Don't think I'd want to look outside very often given the view, though...
  11. Quick, find a way for him to put all his cash into that spread bet. Then sit back and laugh...
  12. Despite the whole Groundhog Day factor of discussing SIPPS again I'm glad this has come up as it saves me doing a search -am compiling a letter for next week's Cornish Guardian about this. In this Thursday's issue they are going to publish a study of the housing crisis in Cornwall so I'm going to stir it up a bit and try and encourage people to write to their MPs complaining about the scheme. After all, Cornwall is probably a chief target area for those wanting to put their second homes into one, and why should those who are priced out of the market have their taxes used to bung them a subsidy?
  13. Maybe he's hoping they will decide to put the runway right on top of it and it will come under compulsory purchase Probably the only way to geta guaranteed buyer who won't pull out just before exchange in the current climate. Those people in Sipson (soon to be under tarmac as Heathrow's next runway) don't know how lucky they are!
  14. And have you checked on nethouseprices that they actually sold? Or did they just fall through then return to market? I could ask a million pounds on Rightmove for a 1 bed flat in Tamworth but whether I could sell it for such a ridiculous sum is an entirely different matter - something thousands of potential UK sellers are also discovering about their stupidly priced properties right about now.
  15. There is no end to the amount of people that are still kidding themselves that all is rosy. This week's Guardian features reductions in places like Bugle (ugh) and Snozzle - least desirable areas are leading the way with reductions. Oh - and the sale on my parents' friends home has now fallen through, even at a 20% reduction. Oh dear.
  16. Friend of mine lives there and housing seems very cheap. However, he spends an absolute fortune on food - they go across the border to Sweden to stock up on meat owing to the price. As for alcohol, forget it. £5 per pint... So no wonder wages are so high!
  17. Exactly - rate cuts don't help you if you have numerous cerdit cards and mountains of unsecured debts as cuts don't get passed on...
  18. We have reductions! This is all very exciting, albeit slow - most are around 5% off (and then you have to factor in that people won't get full asking price so I'd say we're looking at a 10% reduction so far), but at least they are marked as such in the Guardian, which is a big change on the last time I looked. Perhaps denial is slowly giving way to reality as the summer drags on and either those second homes / investment conversions aren't selling, or greedy locals can't offload their homes to the usual rush of holidaying Londoners for a ridiculous sum? Anecdotal evidence - house in parents very desirable moorland village was on for 500k, sold for 400k - 20% off after a year on. Good stuff...
  19. Well, they obviously haven't been wasting their lives watching Changing Rooms, have they? You'd at least think the EA would have cleared the 'paraphenalia' off the living room table - or perhaps they are too rushed off their feet.
  20. Oh yes - the new snozzel town centre. How is it going? Have they got rid of the concrete monstrosity yet (crowing glory - enormous Peacocks). I'm going down that way next week so I'll grab a copy of the Cornish Guardian and see how things compare to last time (Christmas) then report back to the board.
  21. This story needs to be relayed to the muppet over on the piggy forum whose tagline is 'the one thing about land is that they aren't making any more of it' (or something similar)... Maybe it could give him a few pointers? Actually, land prices do go up and up historically, so eventually one day it might be worth the 40k. Only problem is that tthe only thing he will be able to do by then is to be buried in it
  22. Exactly. As a keyworker and therefore a prime target of this sort of thing I'd like to think I have enough financial sense not to touch it with a bargepole. The main thing that puts me off is that the owner is liable for the whole bill if anything goes wrong with the infrastructure, yet only gets a share of the profit if the price goes up owing to any improvements they make. Not exactly fair, is it? None of the advantages of renting (no unexpected bills) and few of the advantages of homeowning (improving your home doesn't do much for your profit - and trading up will be almost impossible when it gets too small). Great.
  23. You'd only fritter away the 100k on rubbish anyway - like beer and taxis. At least someone might notice when I die, preferably before my remains are eaten by the family cat.
  24. Anyone can afford to have kids but you just have to be prepared to make sacrifices. In our case, we sold the car and have pulled out of entering the housing market for the next 3-4 years (unless prices drop very suddenly). Once you have kids you can't go to the pub or restaurants very often so - bingo - instant economy and enough money to spend on nappies. Kids also don't need a bedroom each from birth, which a lot of people seem to expect to be able to afford now. Nor do you need to dress them in Gap as Asda do great stuff for £2-5. It's a lot easier to live within your means when you know how much money you will be paying on housing each month rather than being hit with unexpected bills (ie renting). Okay, it would be good to be paying off a mortgage by the time I'm 55 not 65, but that's the way it is. Your fertility is limited and by all accounts IVF is highly unpleasant so act now and stop worrying about the cash!!
  25. Good point. lowering IRs may spark some movement but the current slowdown has been a wake-up call to many. They owe too much on their credit cards / Mew and have realised that yearly price rises of 10% of their homes' value are unsustainable so have cut their spending.
×
×
  • 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.