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Antsy

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Everything posted by Antsy

  1. Agreed. Do not underestimate the power of psychology in creating the current bubble. Once it dawns on sellers that things aren't what they used to be (like it did on buyers about 4 months ago), things will be going down, down, down.
  2. Get a Karvol plug-in. They contain some sort of magic dust (my theory) that makes sickly babies sleep like a log, no matter how much goo is eminating from their nose. well, works for ours... Back on topic, the 100 per centers will be okay - if they are prepared to wait it out for about a decade
  3. Can we expect a glut of Minis in Exchange and Mart around March?
  4. £750 per month for a one bed in Sidcup? Time to refer the landlord (and the EA) to the Maudsley Hospital's secure unit for a bloody long stay. We are paying that for a 2 (double) bed in Zone 3. Your fag packet speaks the truth - we moved here rather than buying our last rental place as for £750 per month we could have a) a big 2 bed flat to rent a repayment mortgage on a one bed (£10,000 deposit, £121,000 mortgage, 3 year fix, 4.75%). Thank god it was no contest and we didn't buy in June at the very height of the market. PS. Our old flat is now on the mkt at 148,000 and hasn't shifted since July. greedy landlord. Ha ha ha ha ha ha ha
  5. A 'primelocation' indeed Why don't they have done with it and build them in an arch over the railway line... or is that the plan for the 'second phase'?
  6. And how does it help the 30 year olds who are on reasonable salaries but still can't afford to buy? Further fuel for my agrument that the only way you can afford to have kids and own a home is to be either a) a City banker societal drop-out. as I have said before, in 30 years time there will be a big group of pensioners who are still paying rent. when their private pensions can't cover it and give them enough to live on, the ever decreasing pool of working age will have to pick up the tab. Uh oh...
  7. I thought they had banned pyramid schemes...?
  8. Whereabouts? I am in SE and have to go shopping tomorrow. Maybe I will taunt some by peering in the window, walking up to the door, grasping the handle, then turning round and running off just as they all jump to their feet...
  9. Is Phil Spencer still doing his Sunday Times column? I'm looking forward to a Michael Fish / hurricane moment, if so... (puts on slimy voice) "Now, a FTB wrote to me saying she'd heard there was going to be house price crash, but don't worry...
  10. Err - are you going to sell to rent or try and buy another house? If the former, good luck - I think you have missed the boat and won't get the 130k as word is now out that prices are sinking.
  11. Didn't they reduce interest rates to about 1% in either Japan or Hong Kong to try and resuscitate the housing market? Didn't work there, so why would it here? I think it's fair to say that though there are many FTBs waiting for falls (like me, for instance!) they are not going to be leaping in after a small fall. People will hang back to make sure they don't end up buying mid-fall. Nothing more gutting than thinking you've got a bargain then seeing the same item in the sales for half price the next week...
  12. Some bloke from the BBC got murdered at random when walking home in Southgate a couple of months ago. At least when I lived on Green Lanes (ugh) the local heroin traders just kept the stabbings amongst themselves...
  13. wait until after Christmas when the fabled spring boounce back fails to materialise. At the moment vendors are hanging in there in grim hope that things will get better. NB. some housing in SE London is being reduced by EAs but they are not putting 'reduced' on the website ads. Sneaky.
  14. when they talk about affordable housing and then say 'for rent only' it really makes me want to lie down and chew the carpet.. what does that solve?
  15. Tsk. Spendthrift. You forgot that we are also supposed to be putting 30% away in a high yielding stakeholder pension...
  16. Who else thinks that the Blairs are Britain's worst property buyers? They sold that house of theirs in Islington just before prices doubled and now thay have gone and bought that creaky mansion in west London for way over the odds at pretty much the precipice of the boom. Not that they can't afford it, but they might have saved a few bob if they'd been on speaking terms with their neighbour at No.11. or maybe it was GB who advised them to buy... ho ho.
  17. I agree - it's going to be a slow burner until the spring. But things might change then as people always expect prices and sale rates to pick up then. If they don't it's going to really knock confidence. Also, some people may be putting off trying to sell till then so there could be a rush of houses onto the market. It will be interesting to see...
  18. Transport is excellent? Not if it involves the Northern Line (suspended this lunchtime owing to emergency engineering at Angel - did something fall apart?). Also, the road blocks up constantly owing to sheer traffic volume and air quality is abysmal. You may demolish the tower, but you can't do much about the creeping undesirables who live around the Holloway Road. Renovation is going to be like putting lipstick on a pig...
  19. Hear hear. we are in the same boat, but I figure that being 30, I still have 10 years until I HAVE to buy (assuming I want my mortgage to be paid off by the time I retire at 65 - though it will probably be 70 by then, the way things are looking...). Until then, I can live in a bigger flat in a nicer part of town than I could ever afford via a mortgage and wait and see if stagnation takes hold (during which time my salary will hopefully rise), or prices dip or even crash...
  20. Someone is building affordable housing? In Cornwall? Surely not. I never see it advertised in the C-Guardian. I thought all people did was talk about it and never get round to anything. But you're right. It reallly irritates me when I see all projects are 1 and 2 bed flats with no garden. I think they may be building about 3 flats in Padstow at the moment (that will go a long way - haha) but people are complaining because they are pretty unsuited to what's needed.
  21. did you see the second 'double' bedroom in one of the ones at Borough? Once the bed was in you would have to press yourself flat against the wall and shuffle along sideways to get to the window. Ha ha.
  22. Because we had to move out suddenly - we were going to buy the flat but pulled out owing to surprise wet rot in the bedroom. He has put it on the mkt for 20k over what he offered it to us for (now 150k, one bed - SE London) but it has been on since July and has now been reduced by 4k... Small claims thing is relatively straightforward, he has to pay our costs if we win (can't see why not) and if all else fails they put a marker on the flat so that when it does sell, our £600 comes out of the sale price. Oh- and the buyer's solicitors see there is a marker when the sale goes through so he will want to avoid this or anyone trying to buy will rightly see he is a dodgy git. I am just being nice at the moment but it won't last...
  23. 1. Basic Salary £33k (me and mr - I am part time) 2. Non-regular/other annual income (Bonuses, Commission,etc) : 0 3. Income from Dividends: £0 4. Annual Rental Income (if landlord): £0 5. Income from other investments: £0 6. Capital currently in property: £1300 (rental deposits - old landdlord is stalling on giving back our last deposit as he hasn't any 'ready cash' despite the fact we moved out 5 months ago. If it's not here by XMas the small claims court beckons...) 7. Capital currently in shares: £300 8. Capital currently in commodities: £0 9. Capital currently in other investments: £0 10. Cash in bank, savings, ISA, etc £9,500 11. Annual gross interest earned on savings (if significant, e.g. STR's) 0
  24. 1) Market view (Bull or Bear) - Bear 2) Market postion - Prospective FTB 3) Area of Country - SE London 4) Occupation and Employer - publishing 5) Highest Level of Education (GCSE, Degree, PhD, etc) - Degree and prof qualifications 6) Age (or age group) - 30
  25. I predict Cambourne and Redruth will be first to go down in a really noticeable way, followed by St Austell and then Bodmin - all the unloved towns down the spine of the county, basically. Bodmin Cornish Guardian is already displaying quite a few reduced properties. Will probably then radiate out to the villages and better towns like Truro and Falmouth, then finally the home counties by the sea places like Padstow. It's a bit like the London effect, if you can stretch your imagination far enought to compare Cambourne to London...
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