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Andoving

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About Andoving

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  1. Did't they take over Mays Carpets in 06, got out in a timely manner.
  2. I think a lot of people are forgetting x3 mortgage is hard going for family on 22K compared to x3 mortgage on 95K. It costs a finite amount of money to live and the delta is different, a safe multiple exponentially falls as you earn more.
  3. You want to talk about cut backs, the RAF has been reduced from 98 500 in 1990 to 38 800 today, feel safe
  4. How can the bid be above the guide price and not sell
  5. Lets look at this in a logical way: 42000/12 = 3500 per month to blow I count my self as middle average, the following are my bills per month: Gas 54 Electric 40 Water 20 Council Tax 210 Hse Ins 42 Pet Ins 15 Health ins 15 Mobiles 25 Car Ins x2 55 Petrol 200 Food 450 and rising Mortgage 750 Car maint 50 Holiday 250 Sky 45 Phone/B Band 35 total £2256 per month and I have not left the front door Leaves £744 to save from and pay for entertainment, clothes etc. Let alone saving to replace the car, maintenance on the house yarda yarda yarda. Who has £3500 each month to do this with. Even if you earn 65k per year, life is getting harder and harder by the day.
  6. Great position to be in, we have just reduced our mortgage for 2 main reasons. We could not invest the money for more than 3% after tax (ISA allowance used), but we were paying 6% on the mortgage and secondly when we are down the pub and 'they' start talking about how big your mortgage is, you can say 250, wow they will say £250 000, your payments must high - arn't you worried. Then with a smile from ear to ear you can say £250 pounds and a repayment of £1.26 per month. Why keep your account open - it is generally easier and cheaper to get amother mortgage if you have already got one, plus re-mortgaging is a good way of getting money in the future for possible extention or new car etc and the bank looks after your deeds.
  7. Great position to be in, we have just reduced our mortgage for 2 main reasons. We could not invest the money for more than 3% after tax (ISA allowance used), but we were paying 6% on the mortgage and secondly when we are down the pub and 'they' start talking about how big your mortgage is, you can say 250, wow they will say £250 000, your payments must high - arn't you worried. Then with a smile from ear to ear you can say £250 pounds and a repayment of £1.26 per month. Why keep your account open - it is generally easier and cheaper to get amother mortgage if you have already got one, plus re-mortgaging is a good way of getting money in the future for possible extention or new car etc and the bank looks after your deeds.
  8. Quoted from article, and then highlighted out the boll0cks: Signs of life are re-emerging in the property market as it prepares to enter the spring buying season, as agents herald the return of bargain-hunting first-time buyers and City professionals with bonus cash to spend. Agents are expecting a steady market from now until the end of spring as confidence seeps back into parts of the market, despite rising inflation dashing hopes of a further interest rate cut. Hamptons International has reported a steady stream of City bonus purchasers registering to buy in London, with particular interest in property in Kensington, Belgravia, Clapham and Fulham. Phil Tennant, an associate director of Hamptons, said: “We have seen people lots of people come in from Goldman Sachs and Lehman Brothers and a few from JPMorgan, Morgan Stanley and Deutsche Bank. Related Links Sharp fall in housebuilding threatens target Hopes of rate cut are dashed by inflation rise Home repossessions hit eight-year high Do these people look further than their immeadiate sheeple friends
  9. Relistbear Same happened to me, Honda asked if I would take any new Honda at cost yesterday.
  10. MARKO If I was you, get a standard letter saying this d1ck is no longer living her and his new address is and any further correspondance will incur a £40 charge for handling by yourself. Then every time you get a letter addresses to the afroementioned d1ck open it, have a good read, tear the top off the letterhead with the address of the company on it, stick it to the outside of the envelope, put your letter and what what came with the original letter inside and write return to sender - not known at this address on the outside above the torn off, stuck down company address. No stamp needed. You will have to pay for cellotape, but it will be worth it to read the mail. Jobs a gooooooodun
  11. With some of my hard earned savings in an Intel Finance ISA, I am starting to get a feeling that although IF is part of the Royal Bank of Scotalnd Group, is my money really safe. Or, will the Bank of England, who may not have any alliance to a Scottish bank, leave the bank to fend for its self and leave me out in the cold if IF goes the same way as NR. Any thoughts
  12. I have heard that not all BLTs will have the benefit of calling their rental property a business and therefore will not get the 18% CGT. Clarity is needed guys.
  13. Market 2006 — 330,000 number of buy-to-let mortgages taken out, up by 48% on 2005 — £38.4bn total value of those mortgages, up 57% on 2005 — 11% proportion of total new lending taken up by buy-to-let loans — 850,000 total buy-to-let mortgages — £94.8bn current value of buy-to-let market — 0.59% percentage of buy-to-let mortgages in arrears, as against 0.89% for the mortgage market as a whole — 1,636 number of properties repossessed/receiver appointed Source: Council of Mortgage Lenders Has anyone noticed that 40% of the BTL mortgages constitutes the current value of the market. This is not a good foundation with growing interest rates.
  14. Is it worth buying just to see you eat it, not when it will be worth 250k in 18 month time.
  15. Help, my wife believes that we can afford the 600K house and belives there will be no great slow down - imigrants fuelling the market etc. How can I convince her, I am sure we are looking at a major melt-down.
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