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Heres A Point That No One Made


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With all the floods how many BTL have been hit? double hit lose of tennant and fixing up the place. reason why i saw a guy with a flooded flat he didnt seem too worried but the other guy just didnt know what to do he just sat there with his hands on his head and guess what it was a BTL the other guy was his tennant, had a nice chat with him.

Edited by crash2006
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My Rule 1 of buying houses is: check the floodplains maps for "extensive flooding" areas... then think about the lie of the land in the "safe" areas - then pick one a bit up a hill - but with nothing much above it. Flooding can come down to get you as well as up.

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flood plain development....

on a lighter not, i have 'made' it back to my office in birmingham, no trains to worcester no replacement buses because you cant get through on the roads! someone is coming to pick me up in the car, and the main roads are fine! Whats the point of a public transport system if it cant cope with rain, if the uk is going to get more rain we need more drains, better train tracks and less developments on flood plains...

Edited by moosetea
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A lot, I hope.

Doctor J what kind of person is it that wishes pain and heartache on people you don't know, because it could just be a 0.00000000001% trigger for a house price crash. Take a look at yourself. Instead of wallowing in self pity and loathing about people who have had a go in the capitalist society we live in try something positive yourself. Take a few days out of your negative world, perhaps you may even begin to improve your life and earnings. Or you could just continue to cast wicked spells.

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Doctor J what kind of person is it that wishes pain and heartache on people you don't know, because it could just be a 0.00000000001% trigger for a house price crash. Take a look at yourself. Instead of wallowing in self pity and loathing about people who have had a go in the capitalist society we live in try something positive yourself. Take a few days out of your negative world, perhaps you may even begin to improve your life and earnings. Or you could just continue to cast wicked spells.

I'm afraid the worst excesses of capitalism are coming home to roost,that's why it will die.

don't get me wrong,there is nothing wrong with bettering oneself,but the conscience of what impact it has on others has gone a bit pete-tong.However,the type of socialism planned is no better.

In the UK we've been fortunate enough to know what is going to happen...the worst excesses of hybrid communism and capitalism combined,at least we have time to prepare.

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Doctor J what kind of person is it that wishes pain and heartache on people you don't know, because it could just be a 0.00000000001% trigger for a house price crash. Take a look at yourself. Instead of wallowing in self pity and loathing about people who have had a go in the capitalist society we live in try something positive yourself. Take a few days out of your negative world, perhaps you may even begin to improve your life and earnings. Or you could just continue to cast wicked spells.

:lol:

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:lol:

I'm afraid the worst excesses of capitalism are coming home to roost,that's why it will die.

don't get me wrong,there is nothing wrong with bettering oneself,but the conscience of what impact it has on others has gone a bit pete-tong.However,the type of socialism planned is no better.

In the UK we've been fortunate enough to know what is going to happen...the worst excesses of hybrid communism and capitalism combined,at least we have time to prepare.

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Doctor J what kind of person is it that wishes pain and heartache on people you don't know, because it could just be a 0.00000000001% trigger for a house price crash. Take a look at yourself. Instead of wallowing in self pity and loathing about people who have had a go in the capitalist society we live in try something positive yourself. Take a few days out of your negative world, perhaps you may even begin to improve your life and earnings. Or you could just continue to cast wicked spells.

I just read it again

:lol::lol::lol:

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Doctor J what kind of person is it that wishes pain and heartache on people you don't know, because it could just be a 0.00000000001% trigger for a house price crash. Take a look at yourself. Instead of wallowing in self pity and loathing about people who have had a go in the capitalist society we live in try something positive yourself. Take a few days out of your negative world, perhaps you may even begin to improve your life and earnings. Or you could just continue to cast wicked spells.

grow up, newbie

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Guest Bart of Darkness
...Take a few days out of your negative world, perhaps you may even begin to improve your life and earnings. Or you could just continue to cast wicked spells.

By the pricking of my thumbs, something wicked this way comes.

Or do you prefer:

Izzy, wizzy, let's get busy!

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Without some research most BTL landlords will find it difficult to insure contents and many leave it. The tenant of course has no insurable interest in the contents so in many cases carpets, curtains etc would probably in many cases not be insured. Buildings will usually be insured so kitchens and decor and STUCK DOWN carpets will be (as they then form part of the building and hence covered by buildings insurance) To illustrate the point better if you stuck your wallpaper up with pins it would not be covered by buildings insurance as like a painting on the wall. But as wallpaper is almost without exception stuck it becomes part of the building and covered by buildings insurance.

A point I had overlooked that many BTL landlords will not be covered on contents I dont think it will start the crash though (if it has not already started)

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Without some research most BTL landlords will find it difficult to insure contents and many leave it. The tenant of course has no insurable interest in the contents so in many cases carpets, curtains etc would probably in many cases not be insured. Buildings will usually be insured so kitchens and decor and STUCK DOWN carpets will be (as they then form part of the building and hence covered by buildings insurance) To illustrate the point better if you stuck your wallpaper up with pins it would not be covered by buildings insurance as like a painting on the wall. But as wallpaper is almost without exception stuck it becomes part of the building and covered by buildings insurance.

A point I had overlooked that many BTL landlords will not be covered on contents I dont think it will start the crash though (if it has not already started)

To be honest im not convinced legions of BTL have been flooded.

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flood plain development....

on a lighter not, i have 'made' it back to my office in birmingham, no trains to worcester no replacement buses because you cant get through on the roads! someone is coming to pick me up in the car, and the main roads are fine! Whats the point of a public transport system if it cant cope with rain, if the uk is going to get more rain we need more drains, better train tracks and less developments on flood plains...

Now I'm sure I heard somewhere (back in April), that it was going to be the 'hottest summer since records began'. Still parasols make fine umbrella's - enjoy :rolleyes:

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Guest Charlie The Tramp

Berkshire with Maidenhead, expensive properties affected by floods, not good on future searches by prospective buyers.

I would say flooding is the OOs worst nightmare when coming to sell.

Flooding has now become a normal expectation in our weather patterns.

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Now I'm sure I heard somewhere (back in April), that it was going to be the 'hottest summer since records began'. Still parasols make fine umbrella's - enjoy :rolleyes:

They say that every year don't they maybe it makes people book/buy summer clothes holidays/hotels/travel in advance in the UK and keeps the spending going? ;)

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As you may know Insurance premiums are based on sum assured X a premium rate.

The sum assured will increase by inflation if the policy is indexed linked (which is what most policies do) so therefore the premium will rise by inflation

But if insurers feel that they are taking larger losses than planed and need to increase reserves then the premium rate will also rise.

This will lead to significantly greater increases than inflation. On such an essential commodity this will hurt many on modest/low incomes.

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Doctor J what kind of person is it that wishes pain and heartache on people you don't know, because it could just be a 0.00000000001% trigger for a house price crash. Take a look at yourself. Instead of wallowing in self pity and loathing about people who have had a go in the capitalist society we live in try something positive yourself. Take a few days out of your negative world, perhaps you may even begin to improve your life and earnings. Or you could just continue to cast wicked spells.

You almost seem to be suggesting that there is a more appropriate response than anger, envy and spite to anyone who is a little bit richer, cleverer or luckier than you are.

I don't understand Please clarify.

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As you may know Insurance premiums are based on sum assured X a premium rate.

The sum assured will increase by inflation if the policy is indexed linked (which is what most policies do) so therefore the premium will rise by inflation

But if insurers feel that they are taking larger losses than planed and need to increase reserves then the premium rate will also rise.

This will lead to significantly greater increases than inflation. On such an essential commodity this will hurt many on modest/low incomes.

Which is partially what has been happening for years anyway with relatively low incomes more likely to decide the policy cost exceeds the risk and not take out cover.

Home insurance is the classic feast and famine industry which often misprices the famine cost. It IMHO traditionally has a large famine in the form of fewer customers and squeezed margins followed by a big claim event, which leads nicely onto the next feast as premiums rise and people rejoin the market by buying cover.

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grow up, newbie

Go back to your dreamworld Hulk. Is Doctor J one of your wrestling partners?

You almost seem to be suggesting that there is a more appropriate response than anger, envy and spite to anyone who is a little bit richer, cleverer or luckier than you are.

I don't understand Please clarify.

Stop being a victim.

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