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House Price Crash Forum


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About yorkshireman

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  1. Sorry to hear you are not well Dweller. I have the flu' as well and am to weak to even get the Lucozade to my lips. I looked at the links and it made me feel worse !
  2. I heard that we were beaten to it. Apparently it has been SSTC on 4 occasions, not 2.
  3. Here you are http://www.rightmove.co.uk/property-for-sale/property-38837128.html
  4. A house near us, on the market for over 2 years has been SSTC twice at £151,950. It is now For Sale again at £155,000. An identical house next door sold in January 2012 for 123,950 after about 4 weeks on the market. I suppose we can take some consolation that the EA only thinks prices have gone up by about 2% in 2 years.
  5. Rather like BTL landlords, these Health Trust managers are playing at being businessmen. What a mess.
  6. He did not 'lose seven properties'. Property by definition, is something that you own and have title to. If they had been his properties, owned by him, then he would have been able to hold on to them, sell them, or rent them out. The reality is that his business has failed, like many other better businesses, as his business model was based on the illusion that property prices always go up. I read only yesterday, that UKAR was set up to prevent the collapse of Northern Rock et al and this is not true. Northern Rock had collapsed, just like this man's 'property' business. As usual with the DM, we only know a part of the sob story and we would need to know, the amount of the mortgage on the properties, their location, the level of arrears, the condition, rentability and saleability of the houses, the number of houses for sale in those areas and the actual sale prices that have been achieved. I suspect that we would find that the EA's and valuers were living in the same dream world that this man and other 'property developer types' inhabit and that the taxpayer had received fair value in a falling market.
  7. I worked in brewing for many years. The cost of the malted barley in the brew is about £0.05 per litre, making some simple assumptions about O.G. etc. Not all barley is suitable for malting as only certain varieties can be used and they need to be low in nitrogen, grown with little fertiliser. Most critically, it needs to germinate. So, if we have a long hot summer, like 1976, we will have a lower yield and a tendency to high nitrogen and if we have a wet summer, 1978, from memory, we will have a lot of pre-germination, making the barley useless for malting. Rather than a 10 pence a pint decrease, you can expect a 5 pence a pint increase. Mark my words and stock up a few cans now
  8. They have a mortgage 'understood to be €2million' on a property on the market for €2.2 million and it was bought in 2004. How much did they pay and how much have the MEWed ?
  9. Yorkshire Lad went shopping to Skipton on Monday, but left empty handed. A lot of shops were closed 'because it was Monday' and they do not open on Monday.
  10. Freedom and Justice for all.........those who can afford it
  11. In Lancashire, I heard it's Black Pudding Wednesday.
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