Jump to content
House Price Crash Forum
babesagainstmachines

Radio 5 Economy Phone In

Recommended Posts

First time buyers are returning to market, and 1 FTB enables 3-5 house sales :P Shared ownership schemes and gifted deposits from parents are getting the market moving again.

Manufacturing man says UK manufacturing bouncing along at the bottom

Man from Felixstowe says the port's very quiet, and all we are exporting is scrap metal, carboard and paper.

Share this post


Link to post
Share on other sites
First time buyers are returning to market, and 1 FTB enables 3-5 house sales :P Shared ownership schemes and gifted deposits from parents are getting the market moving again.

Manufacturing man says UK manufacturing bouncing along at the bottom

Man from Felixstowe says the port's very quiet, and all we are exporting is scrap metal, carboard and paper.

I'm waiting for a callback from them to blast these ramping EA's, and demolish the 'Bank of Mum and Dad' as the saviour of the FTB market.

Share this post


Link to post
Share on other sites
First time buyers are returning to market, and 1 FTB enables 3-5 house sales :P Shared ownership schemes and gifted deposits from parents are getting the market moving again.

Manufacturing man says UK manufacturing bouncing along at the bottom

Man from Felixstowe says the port's very quiet, and all we are exporting is scrap metal, carboard and paper.

well I am not surprised. There seems to be a real concerted effort to make the public believe it's all good and that they should start spending again.

I can understand why they want to do that for what they perceive is the greater good, but I don't think it is going to work.

Share this post


Link to post
Share on other sites
Discussion seems to have been derailed by a certain cheating footballer now.

What a sense of priorities, eh? Selling one footballer is more important that employment, housing, repossession, pensions etc.

FFS

Share this post


Link to post
Share on other sites
I'm waiting for a callback from them to blast these ramping EA's, and demolish the 'Bank of Mum and Dad' as the saviour of the FTB market.

Me too, angry at property ramping. No callback. At least the BBC presenter ponted out that Jon Charcol spokesman was a VI!

Share this post


Link to post
Share on other sites

The EA said we should all help out our children with deposits as our Money is earning nothing in Building society's, well thanks for the advice wonder how this helped a friend of mine that may have took your perals of wisdom ,he did just similar gave his son and wife 40 K for a deposit four months later they split up and he lost the lot as the house had to be sold a t Auction for around 65% of what they paid.

Well thanks for the advice but I will stick to keeping money in the Bank

Share this post


Link to post
Share on other sites
The EA said we should all help out our children with deposits as our Money is earning nothing in Building society's, well thanks for the advice wonder how this helped a friend of mine that may have took your perals of wisdom ,he did just similar gave his son and wife 40 K for a deposit four months later they split up and he lost the lot as the house had to be sold a t Auction for around 65% of what they paid.

Well thanks for the advice but I will stick to keeping money in the Bank

I wonder if her parents put any money into the property?

Share this post


Link to post
Share on other sites
Guest pioneer31

Radio 5 phone in....

An ex radio 1 jock and some VI/Unqualified jerks with a long history of failed predictions make more of them

yawn

Share this post


Link to post
Share on other sites
The EA said we should all help out our children with deposits as our Money is earning nothing in Building society's, well thanks for the advice wonder how this helped a friend of mine that may have took your perals of wisdom ,he did just similar gave his son and wife 40 K for a deposit four months later they split up and he lost the lot as the house had to be sold a t Auction for around 65% of what they paid.

Well thanks for the advice but I will stick to keeping money in the Bank

Happened to a couple of friends of ours - helped out their kids with big deposits ( which in one case was funded by a re-mortgage of the family home ) - childrens marriages broke down and there was no recompense as the cash had been gifted and therefore their son-in-laws had every right to 50% of the settlement .

Share this post


Link to post
Share on other sites
Happened to a couple of friends of ours - helped out their kids with big deposits ( which in one case was funded by a re-mortgage of the family home ) - childrens marriages broke down and there was no recompense as the cash had been gifted and therefore their son-in-laws had every right to 50% of the settlement .

Correct - any deposit from a family member usually has to be confirmed to the lender as something along the lines of

"...gifted for love and affection and with no claim on the property etc etc"

Share this post


Link to post
Share on other sites
Man from Felixstowe says the port's very quiet, and all we are exporting is scrap metal, carboard and paper.

excellent - this means house prices can only go up, as an antidote to the depressive positivistic anti-market bias of cardboard, as any EA could tell you. The market is displaying signs of optimistic goldfishism and will hover about a third higher given appropriate cirumventional improvements in popular wisdom. Savvy housebuyers can't all be wrong.

Edited by Si1

Share this post


Link to post
Share on other sites
excellent - this means house prices can only go up, as an antidote to the depressive positivistic anti-market bias of cardboard, as any EA could tell you. The market is displaying signs of optimistic goldfishism and will hover about a third higher given appropriate cirumventional improvements in popular wisdom. Savvy housebuyers can't all be wrong.

the government is exporting all the cardboard and scrap so that the homeless are forced to take aloan and buy a proper place. cant have cardboard for the homeless, that would encourage them to not borrow and create credit.

Share this post


Link to post
Share on other sites
the government is exporting all the cardboard and scrap so that the homeless are forced to take aloan and buy a proper place. cant have cardboard for the homeless, that would encourage them to not borrow and create credit.

excellent. I like your unbiased analysis. fancy opening an estate agency with me - I'll sell houses, you sell debt - sorry - loans to help Key Labour Voters?

Share this post


Link to post
Share on other sites
Man from Felixstowe says the port's very quiet, and all we are exporting is scrap metal, carboard and paper.

So all we're exporting are materials previously used in the construction of new build flats? Makes sense. :P

Share this post


Link to post
Share on other sites
I wonder if her parents put any money into the property?

That's not known unfortunately but doubtful, this scenario is probably happening all over the Uk at the moment sad but inevitable as divorce rates rise due the the Credit Crunch :(

Share this post


Link to post
Share on other sites

Well, I've stop listening to 5 Live now, along with any BBC news, I used to text in to that Liberal fence sitter Victoria Derbyshite, but for some reason my texts never got answered or read out :rolleyes:

I now listen to Absolute Radio ( due to the ageing process :P ) and watch C4 news, any other info regarding the economy and house prices can be sourced via the internet, I used to like the old timer Peter Allan, however, the frustration levels since not listening to the VI shite on the BBC have eased it tremendously !

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   285 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.