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Antsy

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Everything posted by Antsy

  1. Cheers Cleetus - nice 'Shield' reference, by the way. Roll on season 4...
  2. Jobs choice in Cornwall for th young professional: 1. Teaching/ public services (children - ugh!) 2. Cleaning holiday cottages in season, claiming dole in winter 3. Cow milking on remaining 3 dairy farms 4. Bodmin abbatoir and meat packing factory
  3. Beware of the Thameslink. Beware, beware! I only use it to go from London Bridge to Kings cross on occasions, but it is dire. Cancelled trains, constantly late...
  4. Christ, just when you thought there couldn't be any more property shows... prepare for a rip off version late on Channel 4 on Friday nights. "Will Mel and Dave eat the sheeps' kneecaps and win enough cash to cover their negative equity? If they fail, we'll be paying off sam and Paul's gargantuan credit card bills instead. Join us after the break..."
  5. I lived round here till relatively recently - and keep checking the local EA websites to see if my old place is sold (landlord owes me money - long story). The number of flats in the 125 to 150k bracket has gone from 3 web pages to 5 at the latest count. So there's plenty coming up but nothing shifting. Some have also been reduced by the odd 3-5k (though it isn't flagged) but no joy. Check Acorn.ltd.uk.
  6. My mate is a sub at BBC online and earns about 30k. He doesn't know anyone of importance so got the job on ability. He's better paid than I am (doing about the same job in publishing for the same qualifications). But he does have to work shifts on Xmas eve, day and boxing day...
  7. I love the 'flooring to remain". Can you imagine buying it, stepping in and... oops! landing on the heads of the people busy shooting up in the flat below?
  8. And to whom do you sell, unless yours is a nice 'character' cottage? The supply of BTL-ers isn't endless. And locals can't afford to buy. hence the reason friends of mine are stuck in a 2 bed on the Cornish coast that they can't shift, with a rapidly expanding family. It cost them 60k, is now valued at 180, on mkt for 160 but no takers. if they reduce further they won't bee able to afford to move to a bigger place owing to the price differentiation... uh oh.
  9. Views over the common - perfect for a spot of night-time 'badger-watching'
  10. Oh god - I need a lie down as well. I haven't laughed so much is weeks....
  11. PS - is picture 7 the front door?????
  12. How about this? Perfect for the Hobbit-about-town (or those who like to crawl around the eaves of houses on their hands and knees...) REDUCED - I wonder why? http://213.219.11.243/cgi-bin/agent.pl?age...prop&pid=110835
  13. Perhaps Phil is seasoning it for her as we speak... he wasn't very cheerful in this week's Sunday Times. Just a bit of muttering about how to interpret house price statistics from the various sources but no mention of what the market was actually doing...
  14. As far as I remember from noticing the enticing 'no stamp duty' tag in local papers, it refers to the bits round the main drag and along the 205 near PC World. IMHO the bits round Catford are okay but the shopping bit is grim - too much rotten fruit and veg underfoot and too many pound shops. Good noodle bar recently, tho, but people like to visit the area not live there, generally.
  15. they are trying to do this in SE6 but Catford is so horrible that I don't think it will make a vast difference...
  16. Let's hope the others do better than the Blairs... as has been much quoted, Islington home sold by them for about 650k a couple of years ago went for around 1.5 mill recently. Then they bought the west London place for god knows how much and the rent they're attempting to get barely covers the mortgage. They are the nouveau BTL'ers and will probably get heartily burnt (again), even if the market falls are very small as the mega-mansions always get hit hardest.
  17. Errr. Suggest you look again and stay off the sherry. If you read carefully, there are two seperate flats involved. The one bed in Lewisham WAS offered to us for around 130k. Needed 10k of work according to survey (plus new kitchen and bathroom) but he's put it on the mkt for 148 now and it has stayed stuck there since July despite a 4k reduction. The 230k flat is a totally seperate abode. (The clue was in the fact that I described it as having an extra bedroom). there's no way a flat would have almost doubled in value since the summer in London. even the world's biggest house price optimist would be hard pressed to swallow that... lol Antsy
  18. THE ONLY THING DIFFERENT IS THAT RENTS ARE RISING STEADILY. This will cause to FTBer to think... why rent... tis cheaper to buy... that currently aint the case but it's not far of..... example... I have a 2 bed new build in somerset last valued at £130k rented at £500p/m. bought oct 03 for £96k. now a rise in rents to a comfortable £550 - £575 (market price) and a drop by 20% to £104k suddenly makes this property worth buying for the FTBer and the BTLer.... ie.... £442p/m to own or £550 - £575 to rent... what would you choose??? or £100- £125p/m cashflow +ve to the BTLer!!! not rocket science is it?? Ta ta H <{POST_SNAPBACK}> Dr Lecter - time for a quiet lie down. Speaking for SE London, as a FTB this summer I was faced with a choice of renting a big 2 bed flat for £750pcm or getting a 121K mortgage for the same 750. Together with my 10% deposit this would have bought me a one bed flat in need of a lot of love. No contest, and thank god I didn't do it. The 2 bed flat is worth 230k, according to what one upstairs went for in October. Now, with the market wobbling it's going to take a large fall before I am tempted out of my rent-hole (in spite of the condensation problem, but that's another story), particularly as people like me and partner on 1.5 x 25k (owing to new baby) have saved hard to amass a paltry sub 20k deposit and don't want to be saddled with a depreciating asset if the cash can stay in an ISA for another 2 years and earn interest. I'm from the Westcountry, btw, and the situation there is also dire. Nothing moving in Cornwall, chains bunged up and price cuts starting.
  19. The huge rises have been kept going by buy to let owners moving in on the one/2 bed flats. Some get interest only mortgages, thinking they will make money when they seel the place and bugger to actually paying off the loan, as prices keep going up and up. But the 5 rate rises mean that the BTL crowd can no longer make money from tenants AND cover the mortgage. So they are desperate to get rid of their flats before prices go down. Or they will be in the Spring, if my prediction is correct. These people have most to lose and so will chicken out asap once the market wobbles.
  20. Looks like we agree on a lot! It's interesting that the whole greed is good housing bubble has made renters into some sort of social sub-class ('but it's free money - you HAVE to get into the housing market - or are you some kind of muppet?'). Pensions provision isn't what it was, though. My parents are of a similar age and managed to buy a house and have 4 children on a single salary. They also have the benefit of a final salary pension scheme. Not much chance of that now...
  21. 'Perfect for the locomotive enthusiast' ho ho.
  22. Board must be havign some clogging problems. No difference at all - but the growth of OOs does help to diffuse one economic time bomb, in the long run. With a mortgage, eventually before retirement you stop paying out a monthly sum. Not so for those stuck renting long term. Therefore, the state has to pay their rent in old age (unless they have access to some as yet unheard of pension scheme that actually pays out enough for rent AND living costs). With the number of people of working age set to drop... Oh dear. Looks a bit bleak? And at least when the OOs kick the bucket their children will at last be able to pay off their student loans... I also think the subsidies are a bad idea. 'The housing market is on fire and we need to put it out. Maybe pouring on some petrol will help?'
  23. No difference at all - but the growth of OOs does help to diffuse one economic time bomb, in the long run. With a mortgage, eventually before retirement you stop paying out a monthly sum. Not so for those stuck renting long term. Therefore, the state has to pay their rent in old age (unless they have access to some as yet unheard of pension scheme that actually pays out enough for rent AND living costs). With the number of people of working age set to drop... Oh dear. Looks a bit bleak?
  24. Nothing does - that was out of order. However, it is policies like said Government suggestion that make people lump all social tenants in the scroungers boat. As there are so few council places to go round, and this is obviously the reasoning behind trying to bribe residents to hoof it, why don't they only allow people below a certain income to live in council homes? (Discuss)
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