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Mike1045

Are You Having A Laugh?

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I’ve been reading the post on this site for some time now and have reach saturation point on all the BS that is been fed to me by my local / national press.

The link below is the article that tipped me over the edge! And now want to get involved.

http://www.thisishullandeastriding.co.uk/d...;pNodeId=243835

For information I’m a 30year old with a wife and two kids living in rented accommodation (happily). I sold me last house moved into rented awaiting the very near crash in the housing market.

This is my first post so sorry if I've made any mistakes

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Guest DissipatedYouthIsValuable
I’ve been reading the post on this site for some time now and have reach saturation point on all the BS that is been fed to me by my local / national press.

The link below is the article that tipped me over the edge! And now want to get involved.

http://www.thisishullandeastriding.co.uk/d...;pNodeId=243835

For information I’m a 30year old with a wife and two kids living in rented accommodation (happily). I sold me last house moved into rented awaiting the very near crash in the housing market.

This is my first post so sorry if I've made any mistakes

Ok, first you have to post pictures of you spanking an Estate Agent that you've kidnapped.

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I’ve been reading the post on this site for some time now and have reach saturation point on all the BS that is been fed to me by my local / national press.

The link below is the article that tipped me over the edge! And now want to get involved.

http://www.thisishullandeastriding.co.uk/d...;pNodeId=243835

For information I’m a 30year old with a wife and two kids living in rented accommodation (happily). I sold me last house moved into rented awaiting the very near crash in the housing market.

This is my first post so sorry if I've made any mistakes

They`ve got to be having a laugh - I was watching BBC Breakfast (Sunday) and they`ve got some poor sod on who said his house has dropped 50% (and will probably never go back to previous values); to top it off his home insurance is going up 400%!!

:(

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The best bit in the article is when it mentions below don’t mind buying house on flood planes. Maybe not but they’re not going to pay over the odds for one is in 6 months time it’s flooded again. This is literally money down the drain!!!

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That should have said

The best bit in the article is where it mentions people don’t mind buying house on flood planes. Maybe not but they’re not going to pay over the odds for one that in 6 months time it’s flooded again. This is literally money down the drain!!!

Sorry I was laughing so hard!!

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Mike1045,

I’ve been reading the post on this site for some time now and have reach saturation point on all the BS that is been fed to me by my local / national press.

Don't worry, its a common theme.

Some of the most popular areas for new housing developments have been worst hit by the floods, including Kingswood in Hull and Hessle, Hedon and Burstwick in the East Riding.

Funny how the planning gestapo will jump up and down, issue threats and pick up on every small detail when the little poeple put plans forward and then they go and allow big developers to plough ahead building in areas that are patently unfit for the purpose.

Says a lot about planning, co-ordination, priorities and quite possibly corruption in the whole system.

Not fit for purpose, like many other things.

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Mike1045,

I’ve been reading the post on this site for some time now and have reach saturation point on all the BS that is been fed to me by my local / national press.

Don't worry, its a common theme.

Some of the most popular areas for new housing developments have been worst hit by the floods, including Kingswood in Hull and Hessle, Hedon and Burstwick in the East Riding.

Funny how the planning gestapo will jump up and down, issue threats and pick up on every small detail when the little poeple put plans forward and then they go and allow big developers to plough ahead building in areas that are patently unfit for the purpose.

Says a lot about planning, co-ordination, priorities and quite possibly corruption in the whole system.

Not fit for purpose, like many other things.

If you want to hear about corruption - and police intimidation - go to www.southcoastdesert.blogspot.com :(

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Hi Mike1045, welcome to the forum.

Where abouts are you? I'm in Hessle. Nice to see another local on the forum.

As for the article, I think we both know that that is the usual quality of the stuff in the HDM.

Luckily, my part of Hessle didn't flood, however streets just 200 metres away were almost waist deep.

It will be interesting to see the effects this has had on the local market.

Si

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I’ve been reading the post on this site for some time now and have reach saturation point on all the BS that is been fed to me by my local / national press.

The link below is the article that tipped me over the edge! And now want to get involved.

http://www.thisishullandeastriding.co.uk/d...;pNodeId=243835

For information I’m a 30year old with a wife and two kids living in rented accommodation (happily). I sold me last house moved into rented awaiting the very near crash in the housing market.

This is my first post so sorry if I've made any mistakes

If this is your first post how come it says 3 under posts.

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Mike1045,

Funny how the planning gestapo will jump up and down, issue threats and pick up on every small detail when the little poeple put plans forward and then they go and allow big developers to plough ahead building in areas that are patently unfit for the purpose.

Says a lot about planning, co-ordination, priorities and quite possibly corruption in the whole system.

Not fit for purpose, like many other things.

My father could relate to your post. Many years ago he wanted to "develop" over an acre of damp field and build a "granny flat" for elderly relatives. He was told by Kettering Borough Council, that the area was one of outstanding natural beauty, that under no circumstances would they allow anything to be built there - ever, and in any case the local sewage treatment plant couldn't cope.

The property was eventually sold to a local builder/councillor through a proxy and within a year had a load of houses built on it. Go figure!

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The best bit in the article is when it mentions below don’t mind buying house on flood planes. Maybe not but they’re not going to pay over the odds for one is in 6 months time it’s flooded again. This is literally money down the drain!!!

well, that would surely give them some extra "liquidity".

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"Mr Kellock said he believed the majority of house-buyers would not be deterred from looking to relocate to areas that have experienced some of the worst flooding this week."

Only an estate agent could say that.

When you buy a house, if you have a mortgage, the lender insists the house is insured. If you cannot get insurance, you can't get a mortgage. Some of those houses will be uninsurable and, therefore, unmortgageable.

A price drop of 50% would be a minimum. They would probably sell for cash to a landlord that could get a good return on his investment from the rent.

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I’ve been reading the post on this site for some time now and have reach saturation point on all the BS that is been fed to me by my local / national press.

The link below is the article that tipped me over the edge! And now want to get involved.

http://www.thisishullandeastriding.co.uk/d...;pNodeId=243835

For information I’m a 30year old with a wife and two kids living in rented accommodation (happily). I sold me last house moved into rented awaiting the very near crash in the housing market.

This is my first post so sorry if I've made any mistakes

welcome to the site - dont worry, there is no right or wrong way to post, just have a quick squizz through the rules and ya away.

That does sound a little optimistic lol! But some areas are going up and others down. You prob know ya local market better than many on here. I hope the STR decision turns out OK, once ya factor in fees and tax you're gonna need some drop but hey at least ya put ya money where ya mouth is! All the best.

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The prices are out of my reach I’m earning 30K a year. Some may say I could buy at that in Hull but who’d want to?? My first house was 40k and I had sleepless nights thinking about how much I’d borrowed!!

The way I see it I’d not buy a Ford escort for 50K when its only worth 1K just to own a car. I’d get the bus. Likewise I’d not buy a house for 100K when its only worth 10K

Thanks for you reply Si I’m living in Hessle also would hate to move to Hull all be it on our doorstep!

What’s everyone else’s position?

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The prices are out of my reach I’m earning 30K a year. Some may say I could buy at that in Hull but who’d want to?? My first house was 40k and I had sleepless nights thinking about how much I’d borrowed!!

The way I see it I’d not buy a Ford escort for 50K when its only worth 1K just to own a car. I’d get the bus. Likewise I’d not buy a house for 100K when its only worth 10K

Thanks for you reply Si I’m living in Hessle also would hate to move to Hull all be it on our doorstep!

What’s everyone else’s position?

The days of a house being the same value as a middle of the range car is over.

Welcome to the forum btw ;)

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This comment was funny - floodplains are the only hope for FTBs :lol:

How often does the struggle for first time buyers to get on to the property ladder come up in conversation? This is now a one off opportunity for them to buy in an unforseen cut price sale and maybe profit when prices recover in a few years, you will not get another chance like this again, the market will swing your way for once young people of Hull, grasp the chance to buy.
Edited by DoctorJ

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