thunderbird900 Posted January 7, 2005 Share Posted January 7, 2005 Wot a load of nonsense on ITV. Bloke paying £1,500 in mortgage payments. "Are you worried? Derrr I think so." I know. I'll spend £30,000 and buy a huge plasma TV and wire up the speakers all round the house. That will make it sell. Reminds me of the Monty Python sketch, My brain hurts! In October I banged on in my postings about self cert ending with the new mortgage regs coming out in November. New mortgage lending has decreased by a whopping 40%. Did I blink and miss this being mentioned on the programme? Instead we watched some ridiculous woman turning a bed around and stating the bleeding obvious. ITV should be ashamed of themselves for showing such a misinformed badly produced programme at peak time. Link to comment Share on other sites More sharing options...
No6 Posted January 7, 2005 Share Posted January 7, 2005 I didn't see it because my TV (came with rented property) is f-cked. Perhaps my landlord hasn't replaced it yet because he's trying to save me from progs like this and big brother. And anyway, life is great without telly although I would like to see fatty allslob one more time, just to see what I'm missing. Link to comment Share on other sites More sharing options...
Twig Vase Posted January 7, 2005 Share Posted January 7, 2005 Wot a load of nonsense on ITV. Bloke paying £1,500 in mortgage payments. "Are you worried? Derrr I think so." I know. I'll spend £30,000 and buy a huge plasma TV and wire up the speakers all round the house. That will make it sell.Reminds me of the Monty Python sketch, My brain hurts! That bloke was a bit of a wally, I am amazed how these sort of people can afford such toys, apart from whacking it on the credit card of course Link to comment Share on other sites More sharing options...
watching the neg heads Posted January 7, 2005 Share Posted January 7, 2005 Face reality guys! Whilst you lot keep moaning and wishing your little lives away for some fairy tale to happen..........entrpreneurs with the balls to handle and manage risk have made big money in property - and protected their positions..but you probably wouldnt understand unconventional strategy! This kind of jealousy is quite common in human beings when facing defeat Youve missed the boat, or worse still, been on the boat and got off it..............and you therefore have to join together on here.....as a lot of weak components sticking together can actually appear to be strong (until the components move away from each other) this is your therapy, and i wish you all well but why the hell dont you get lives? some people have posted around 6000 times in less than 6 months..obsessive behaviour.........worthy of therapy.seriously! if that type of thought and effort was put into something worthwhile, they could probably be master of their own destiny by now..but they indulge their sad little lives on this dross it is very sad indeed to see this pitiful ste, and unfortunately, you fizz is disappearing it has lost that arrogant edge it had in late summer/early august..which i suppose is understandable. Link to comment Share on other sites More sharing options...
zzg113 Posted January 7, 2005 Share Posted January 7, 2005 Hi BBB/PM. Didn't anyone tell you double log-ins are not allowed? Link to comment Share on other sites More sharing options...
Michael Posted January 7, 2005 Share Posted January 7, 2005 I used to like........well not mind Kirsty but now I wanto slap her Link to comment Share on other sites More sharing options...
watching the neg heads Posted January 7, 2005 Share Posted January 7, 2005 hi zz funny how your responded to the post (nearly 6000!! ffs) youve lost your edge pal havnt you..is that cross getting heavy now? LOL Link to comment Share on other sites More sharing options...
Michael Posted January 7, 2005 Share Posted January 7, 2005 Hi BBB/PM. Didn't anyone tell you double log-ins are not allowed?<{POST_SNAPBACK}> you mean WTN is the same person as bbb????????? Link to comment Share on other sites More sharing options...
watching the neg heads Posted January 7, 2005 Share Posted January 7, 2005 shock horror michael...you naivetyis endearing..yes.it isnt actually illegal to do this however, I can assure you zz is wrong....guess again guys.....at least it will give you something worthwhile to do as you wallow in your futile mission! LOLOL Link to comment Share on other sites More sharing options...
beerhunter Posted January 7, 2005 Share Posted January 7, 2005 I didn't understand how that blokes mortgage could have got up by 500 quid in a year (thats 500 quid a month)<{POST_SNAPBACK}> I assume it was a discounted mortgage, but then then they didn't say. They did say he had 270k mortgage.. so £1k/month would pay for - a repayment mortgage on 270k @ 1% - interest only mortgage on 270k @ 4.5% £1.5k would pay for - a repayment mortgage on 270k @ 4.5% - interest only mortgage on 270k @ 6.75% I can't make the figures match what was said. For all we know he could of changed from interest only to repayment! BUT replaying the tape, the program did say it was due to interest rises only.. surely they are not now paying 6.75% interest only Link to comment Share on other sites More sharing options...
sacon Posted January 7, 2005 Share Posted January 7, 2005 Face reality guys!Whilst you lot keep moaning and wishing your little lives away for some fairy tale to happen..........entrpreneurs with the balls to handle and manage risk have made big money in property - and protected their positions..but you probably wouldnt understand unconventional strategy! This kind of jealousy is quite common in human beings when facing defeat Youve missed the boat, or worse still, been on the boat and got off it..............and you therefore have to join together on here.....as a lot of weak components sticking together can actually appear to be strong (until the components move away from each other) this is your therapy, and i wish you all well but why the hell dont you get lives? some people have posted around 6000 times in less than 6 months..obsessive behaviour.........worthy of therapy.seriously! if that type of thought and effort was put into something worthwhile, they could probably be master of their own destiny by now..but they indulge their sad little lives on this dross it is very sad indeed to see this pitiful ste, and unfortunately, you fizz is disappearing it has lost that arrogant edge it had in late summer/early august..which i suppose is understandable. <{POST_SNAPBACK}> Missed the boat. Do you think we are all 40 something losers that have never made it in life. Some of us are hard working people that are starting out in life. I've not been working my **** off for a fairy tale. I just want what every other hard working person before me has had, the opportunity to have a home of my own. Your dam right I am jealous, why shouldn't I be, shouldn't I deserve an affordable home, or is that just for people with big balls that have had the fortune to make money out of the less fortunate. Come here and spin all you want, but to me, you just sound like a C**T Link to comment Share on other sites More sharing options...
slapkirsty Posted January 7, 2005 Share Posted January 7, 2005 I missed it, sounds like Trevor has been brainwashed. Tell me it's not true. but, It won't make any difference anyway. The only way is down. what dickhead invited that old-slapper (allcrap) on anyway. Link to comment Share on other sites More sharing options...
Confiteor Posted January 7, 2005 Share Posted January 7, 2005 1: This programme has nothing to do with "Trevor". He puts his name to it and introduces it. NOTHING more. 2: In half-an-hour of telling the viewer absolutely nothing, they didn't find time to mention that the presenter, Jonathan Maitland, is a BTLer. http://property.timesonline.co.uk/article/...1360331,00.html This, in my opinion, is in itself worthy of a complaint to the broadcasting authorities. Why? Because although the show was not the most imbalanced I have seen (giving property non-expert Krusty the last and longest say was very dodgy though) we have no idea what Maitland uncovered and decided to leave out. This might explain why a programme billed as examining the PROSPECTS for the housing market instead spent 95% of its time examining the HISTORY of the market. But, all in all, the biggest waste of half-an-hour imaginable. Link to comment Share on other sites More sharing options...
Marina Posted January 7, 2005 Share Posted January 7, 2005 What makes Kirsty an expert? What makes any of the wallys expert? How come I AM an expert and they are only pretending to be experts. I found it interesting the way they did admit the market is stagnant and some dipstick mentioned 'realistic' asking prices. If only they could have had one, just one, FTB saying that prices were completely unaffordable for young people and no-one wanted a 5 times salary mortgage for a depreciating hutch. Anyway, feck the lot of them - *****ers every last one of them. They seem to think there isn't anything on the market - boy they want to come round here - some of the For Sale boards are a health hazard they have been up so long - house after house with two or even three agents. Fat Kirsty said one thing that was true - a stagnant market doesn't mean we stop living and people, soonor or later, will have to move. There is nothing new in this - exactly the same as last time. Took a long period of stagnation last time before they fell and even then it was gradual. This time we have the internet, I don't know what is the matter with this web site. Why aren't they mobilising First Time Buyers to act together? Link to comment Share on other sites More sharing options...
Ade Posted January 7, 2005 Share Posted January 7, 2005 Hi, I’m a regular visitor to this excellent site and enjoy reading the posts here. This is my first post so I wish to say hello and a Happy New Year to all. I’m currently renting since I first went to University. I graduated a few years ago and unfortunately I can’t afford property at present. I watched the programme and it seemed to be pretty lame. One sided is correct to a point. Somebody made a point that in the coming months people will be forced back into the market dude to the various personnel situations that cause people to move, divorce, marriage, ect.. I personally will wait as long as it takes for prices to return to a realistic level. In the mean time I’ll continue saving as hard as I can. I feel that the current situation is going to cause a whole series of problems for society as a whole and these will be devastating in the long run. Unfortunately the interests of those at the top of the chain have been so that nothing has been done to curb what has happened. It’s been the opposite effect as they are all into property. I think when we live in a society now where even the most basic on accommodation is beyond the means of many it’s a very sad situation. Greed and corruption have created this and I have very little sympathy with a lot of these people. I’m no expert on the housing market but can only conclude if the current situation continues Britain will face terrible consequences in the future. Ade Link to comment Share on other sites More sharing options...
Marina Posted January 7, 2005 Share Posted January 7, 2005 you are just screwing your insular minds up, whilst the property market has risen around 15-20%<{POST_SNAPBACK}> Another load of ballcocks. Even oop north prices have started to fall. In London and the South East we are well into a crash. Okay prices in the north and Wales and anywhere else where no bugger wants to live and where you could buy a corrie street terrace for a packet of fags may have gone in in the first 6 months of 2004. A terrace going up from 40k to 50k is a 25% increase - what does it mean - feck all! A detached place in the South East going down 10% might mean a fall from £500k to 450k - enough to buy said terrace. If its still going up, and its still a good investment - how come even fat Kirsty said the market was stagnant. She must know, she's an expert. Why aren't all the tosser speculators still buying like it was going out of fashion. Is it that they have heard the message? You are a lone voice pal. Link to comment Share on other sites More sharing options...
beerhunter Posted January 7, 2005 Share Posted January 7, 2005 Somebody made a point that in the coming months people will be forced back into the market dude to the various personnel situations that cause people to move, divorce, marriage, ect. Surely you mean out of the market, ie forced to sell due to various personnel situations Link to comment Share on other sites More sharing options...
Antsy Posted January 7, 2005 Share Posted January 7, 2005 I can't be bothered to feed the troll - its breath smells. Anyway, back to the program - I loved Krusty's idea that stagnation has continued as there aren't any properties coming onto the market. For someone who deals in houses, surely she must occasionally look in estate agents' windows? The properties are piling up BUT THEY AREN'T SHIFTING AS THERE ARE NO FTBs. The goon. Link to comment Share on other sites More sharing options...
Ade Posted January 7, 2005 Share Posted January 7, 2005 Surely you mean out of the market, ie forced to sell due to various personnel situations <{POST_SNAPBACK}> Lets hope so Link to comment Share on other sites More sharing options...
Guest consa Posted January 7, 2005 Share Posted January 7, 2005 Lets hope so <{POST_SNAPBACK}> Troll Link to comment Share on other sites More sharing options...
beerhunter Posted January 8, 2005 Share Posted January 8, 2005 Troll<{POST_SNAPBACK}> Maybe, all I'll say is look at the scenarios; - an occupier dies.. the house is sold. - a couple divorce.. neither can afford the others share.. the house is sold. - family need more space for a new child.. they need to sell. Now when does someone have to buy rather than rent? The odds are in the bears favour in a falling market Link to comment Share on other sites More sharing options...
eric pebble Posted January 8, 2005 Share Posted January 8, 2005 Hi, I’m a regular visitor to this excellent site and enjoy reading the posts here. This is my first post so I wish to say hello and a Happy New Year to all.I’m currently renting since I first went to University. I graduated a few years ago and unfortunately I can’t afford property at present. I watched the programme and it seemed to be pretty lame. One sided is correct to a point. Somebody made a point that in the coming months people will be forced back into the market dude to the various personnel situations that cause people to move, divorce, marriage, ect.. I personally will wait as long as it takes for prices to return to a realistic level. In the mean time I’ll continue saving as hard as I can. I feel that the current situation is going to cause a whole series of problems for society as a whole and these will be devastating in the long run. Unfortunately the interests of those at the top of the chain have been so that nothing has been done to curb what has happened. It’s been the opposite effect as they are all into property. I think when we live in a society now where even the most basic on accommodation is beyond the means of many it’s a very sad situation. Greed and corruption have created this and I have very little sympathy with a lot of these people. I’m no expert on the housing market but can only conclude if the current situation continues Britain will face terrible consequences in the future. Ade <{POST_SNAPBACK}> Well said Ade - my heart goes out to you. You just stick in there - you'll be ok. Just tell ALL your friends to come to HPC - and stick to your guns - I wish you all the very very best. You have hit the nail on the head. You're in my prayers. Link to comment Share on other sites More sharing options...
RichM Posted January 8, 2005 Share Posted January 8, 2005 Let's chill everyone. ITV aren't exactly the intellectual power-house of the media world. Their last big bearish programme was provocative, but they can't afford to be too negative about the market prospects. Why? Well, firstly, and foremost in my mind, we know what happened last time - after and during the 89-94 crash people wanted someone to blame, and someone (probably wrigglescum or one of his ilk) pointed the finger at the "medjah". This bubble has now grown so large, any economist with half a brain could tell you what is going to happen. But who is going to do the decent thing, and end the misery? Of course, we know that they'd be doing UK plc a huge favour in the long term, but in short term most folk happily trot out the "expensive property good, cheap property bad" like the good consumers they're supposed to be. (New Labour loves people's outlook - have you seen the "lowest mortgage rates for 40 years" poster yet? like that is down to gordon brown anyway.) Mervyn King has probably done enough already as it is, but most folk don't realise it - they'll still look for a scapegoat when the serious falls occur. No major media institution wants to be tarred with the "caused a house price crash" brush, or for that matter be shown to be wrong; we're still in the "denial" phase, afterall. The second factor for ITV, is the amount of bank/building society advertsising revenues they must be getting - could a discrete word have been put in their ear? The smart media is already quite casual about "weakening house prices damaging consumer confidence". As for ITV's programme, despite the rubbish from claptrap woman, was it really a "GO OUT AND BUY NOW!!!" show? It only has to raise enough doubt in FTBers' minds to "wait and see", more people to decide to sell to rent (though, unless they're ruthless, they've left it too late already), etc etc and that will create significant falls. That is what we are seeing in London already. Thanks for joing the forum Ade, plenty of people here would agree with you by the way, unless the market changes soon, this country is properly screwed. As it is, I see a recession in the pipeline. Link to comment Share on other sites More sharing options...
Guest pioneer31 Posted January 8, 2005 Share Posted January 8, 2005 so funny watching you guys whinge on herethat show realy pissed on your chips and probably screwed up your hopes for 05 The reality is that rates are coming down before they go up , and anyone hoping for massive falls in prices is gonna look pretty dumb youve been rabbitting on here for over 12 months now.and what has happened? you are just screwing your insular minds up, whilst the property market has risen around 15-20% there is much less of a bear feel on here now.it seems to be that deep down manyof you guys are secretly resigned to the fact that massive drops (even 10%) drops arent going to happen. the irony for me is that i specialise in securing below market value deals and all of this uncertainty, couple d with the masses plain ignorance of anything other than soap operas etc, means that i laying the old ,market crashing. angle on with a trowel and getting great deals.the punting them put at a clear 10-15K bunce on average. lots of my 'clients' LOL read this site...youve helped me line my pockets guys! cheers! <{POST_SNAPBACK}> every thread has one Link to comment Share on other sites More sharing options...
Guest pioneer31 Posted January 8, 2005 Share Posted January 8, 2005 some people have posted around 6000 times in less than 6 months..obsessive behaviour.........worthy of therapy.seriously!<{POST_SNAPBACK}> surely you're a sad man for checking? Link to comment Share on other sites More sharing options...
Recommended Posts