ralphmalph Posted February 4, 2011 Share Posted February 4, 2011 http://www.thesun.co.uk/sol/homepage/news/3391086/UK-house-prices-rocket-in-January.html Is the epitaph of hpc going to be "It waz The Sun wot won it" or "Would the last HPC'er to leave the country, please turn the lights out." Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted February 4, 2011 Share Posted February 4, 2011 From the reader's replys.. Until the banks begin lending again.. Then the market is stagnant.. I need £180k I have assets of £1.6m in a limited company and no debt with an income of £200k. Banks will not lend, therefore my property development is on hold.If you have cash its a brilliant time to buy.. £140k houses selling for £100... BUT YOU NEED CASH!!!! Quote Link to comment Share on other sites More sharing options...
Pent Up Posted February 4, 2011 Share Posted February 4, 2011 From the reader's replys.. I've got £100 cash! Where are these £140k houses?? Quote Link to comment Share on other sites More sharing options...
or in excess of Posted February 4, 2011 Share Posted February 4, 2011 (edited) I've got £100 cash! Where are these £140k houses?? So who says they`re "worth" £140k? Edited February 4, 2011 by or in excess of Quote Link to comment Share on other sites More sharing options...
ralphmalph Posted February 4, 2011 Author Share Posted February 4, 2011 From the reader's replys.. That is a very encouraging post. The banks have stopped lending to wanabee properdee developers. Fantastic news. Quote Link to comment Share on other sites More sharing options...
bobthe~ Posted February 4, 2011 Share Posted February 4, 2011 From the reader's replys.. 1.2 million eh? Are these from Profits that are "Yet to materialise"? Quote Link to comment Share on other sites More sharing options...
yoman Posted February 4, 2011 Share Posted February 4, 2011 Until the banks begin lending again.. Then the market is stagnant.. I need £180k I have assets of £1.6m in a limited company and no debt with an income of £200k. Banks will not lend, therefore my property development is on hold. Can he just re-morage his assets in his limited company and then lend it to himself? Or he have have the same problem I have, where I bought a computer 2 years ago, which was bought as £1000. But I truely belive that it is worth £1.6m, I have no debt, and my income is £200k but I have no turn over in my company, The income come from either the gov will come and bill me out or I sell my computer assets. Quote Link to comment Share on other sites More sharing options...
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