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Everything posted by peahead

  1. http://blogs.spectator.co.uk/coffeehouse/2013/06/why-dont-young-people-buy-homes-perhaps-they-spy-a-bubble/ Probably not to be honest
  2. Apparently healey was her mother's maiden name and cherry the name of her first pet
  3. As rates go lower and lower, people hang on for lower again - if they want a load of new mortgage business, put a .25% increase in at the next BOE meeting
  4. The actual report - http://www.lslps.co.uk/documents/house_price_index_may13.pdf Makes good reading if you are into this sort of thing. Makes it very clear that most places outside the smart bits of London are still way down from peak - South West is still 6% off peak in 2007. I don't know all the methodology behind the report but the average figure seems way to high - not sure how they account for that?? it's the mainstream media that twist this b0ll0x
  5. Help to sell's big brother funding for lending - number of deals for FTBs down - all the cheap money bunged to people with maaahhooosive deposits - complete waste of time and money - yadda yadda yadda http://www.telegraph.co.uk/finance/personalfinance/insurance/mortgage/10118063/Government-lending-scheme-failing-to-help-first-time-buyers.html
  6. http://www.bbc.co.uk/news/business-22914431 10 cents in the dollar - that'll smart a bit
  7. Try wrington or axbridge or even chew magna or blagdon. Clevedon and portishead are ok in parts. Or wild card option - Stroud valleys - minchinhampton or nailsworth. Tetbury also good .
  8. The gov't is so fixated with stopping house prices falling that it's missing the elephant in the room which is volume of sales if they really want the economy to improve. If house prices fall I will actually buy one, redecorate it, need to carpet and furnish it etc friends/family will send new home gifts buy the odd prezzie etc added to the SDLT, sols fees, removals, mortgage fees etc - this is all of the crap that keeps the economy turning around and none of it's happening because we are all saving our pennies every month. Also, the longer they keep rates so low the more everyone has to put a
  9. I wish one of the big charities - maybe someone like shelter - would open a warehouse operating like a charity shop that I could dump all the old tools and general crap in my shed and garage, sort out what might be useful/saleable and do some good with it
  10. http://m.insidehousing.co.uk/6526966.article?mobilesite=enabled WTF?
  11. I read a report the other day saying 40% of NHS beds are occupied by someone with dementia - I'm guessing that this is part of the problem - I'd be interested to hear the thoughts of any healthcare professionals about whether this is accurate in their experience, what impact it has and what they think the solutions might be
  12. Having scanned RM for properties local to me only confirms my suspicions... got through 21 before getting bored (hardly the buoyant market the MSM would have you believe) 1. Been on and off the market since Nov 2010, paid £500k in 2006, now on for £700k 2. On for at least 12 months – dropped £40k then £45k 3. On 8 weeks 4. On since oct 2012 – dropped £50k two months ago 5. On for 9 weeks 6. Two matching houses, 5k apart one on for a month, once since Oct 2012 7. Within a couple of weeks 8. On at £450k, second time trying to sell in recent years – paid £440k in 2008 9. On at £450k, dro
  13. i've had exactly the same thought over the past few days... not sure what's going on as it's counter to the bullsh1t media coverage at the moment
  14. +1 (and for anyone interested in this area http://www.guardian.co.uk/society/2009/may/20/dementia-care-older-people)
  15. Worse still for house 2 - EPC done in March 2012, so I reckon it's been on the market for 12 months plus - still "he's not going to give it away is he?" Yes, he actually did say it...
  16. the other thing I would like to know is how will all the help to buy b0ll0x be shown in the stats? I note that average FTB deposit is 20% - is this 5% from mug and lots of 20% from Gov't making the figure higher than it otherwise would be??
  17. http://www.independent.co.uk/news/business/news/axa-warns-of-house-market-ruin-8571898.html Up to 5.2 million homes have at least some risk of flood damage, with at least 200,000 particularly in danger. Insurers are looking to protect themselves by hiking premiums on homes that have only a remote possibility of being flooded.
  18. http://uk.finance.yahoo.com/news/after-12-years-of-boom-gold-prices-bust-175201756.html It's gone mainstream if it's on Yahoo. Does this mean that Cyprus will have to sell even more of it if the price keeps dropping. Also if the likes of Italy with their massive gold reserves were looking at this as a way of getting in some cash, they must be starting to think they've missed the boat. If it keeps going lower, will there be a point where we can buy back everything that Gordo sold and then hold until the next boom?
  19. http://www.guardian.co.uk/housing-network/2013/mar/13/student-housing-cooperative-cuts-rent http://platform-online.net/2013/02/tuition-fee-rises-lead-to-fall-in-applications/ http://www.liverpoolecho.co.uk/liverpool-news/local-news/2013/03/12/the-bridewell-jail-to-become-student-accommodation-liverpool-council-decide-100252-32972884/ http://premierconstructionnews.com/2013/02/15/students-fear-not-the-days-of-dank-and-dark-accommodation-are-over/ it doesn't take a genius to join the dots - the clever money got out of student houses a long time ago also, why degrees need to be 3 years is be
  20. Wouldn't even need to give money, could just hand over land not being used or being used inefficiently to make way for specialist housing for older people and/or people with dementia to be run by not for profit providers
  21. Just playing devil's advocate so don't bite my head off... is there a logic to the volume builders not seeing enough demand and therefore to still make big profits, build fewer units, create a clamour for them and make a bigger profit per unit - my anecdotal experience is that new builds are still eye-wateringly expensive considering the state of the wider market
  22. £43,000 at 65, average life expectancy of 87 and interest on the debt roughly doubling the debt every 11 years (not sure if this is right?!) - it would make that £43k cost about £172k if that's right, slightly more than the average house price. Sounds like some people's inheritance has already been spent and the gov't may not have too many oldies able to pay the £75k care cap
  23. http://www.guardian.co.uk/money/2013/feb/14/buy-to-let-bounces-back-landlords-rising-rents also, the Council of Misinformation and Lies appears to dispute the decreasing rents
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