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Here Is A Challenge..

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Please can anyone find any discussions here on the sipp's incident..

Or on any of the BTL mortgage suppliers no longer supporting new builds...

If you want to feel better about the crash..

Read singing pig... it's more a bear read then HPC...



Please though.. take a look.. find the threads..

I can't

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at long last.

There is a new thread, started today, which gives this Sterling Advice:

"If you were to give just one bit of advice for 2006 what would it be ?

I will start, forget capital growth in your equations and concentrate on yield.

If yield is below 10% consider putting your money elsewhere and dump negative cashflow properties."

= =

hmmmmm,wonder what will happen when all of those negative cashflow properties get " dumped"

......3 guesses anybody?

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[from sp]

I get the feeling from a brief chat that he simply has moved on to another property in a different town.

He tells me it is on the market for £170k - which sounds about right - I dont know how long its been on the market for - suspect +4 months. A detached dorma-bungalow in a very desirable area, its unlikely that any works/repairs will be required.

[45 minutes later]

I'm just so nervous! perhaps too eagor to please, and not risk offending anyone - a hurdle I must get over.

Low and behold, nethouseprices.com lists this same property sold in May of 2005 for 142k. Its unlikely that its risen by 28k in 7 months in this climate. This means that, if I estimate a sale value of 142k (which I think is realistic)

Hrm, it's like alchemy isn't it.

Edited by BuyingBear

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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