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marmite

Lbc 97.3 Talking About Negative Equity Now

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Only caught the intro to JOBs show this moring. He was talking about more women chosing to stay at home and look after kids.

Can't listen at work though. Will postcast it later.

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www.lbc.co.uk

Very realistic callers....the 'scumbag' companies who buy the debt from banks who think your reposessed house does not cover your debt...five years after you think you're clear.

So, you hand the keys back to your house, the bank auctions/sells it less 40K than you owe and sell that debt to another company.

This company, not the most lovely by any standards comes after you.

Very scary, and we need more of this truth in national call-ins.

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Some hard time stories on there.

Is a podcast available?

Yeah, it's subscription though. £12 for 6 months. At least it has all the ads, news and travel taken out.

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Some hard time stories on there.

Is a podcast available?

It will be once the show has finished, check out www.lbc.co.uk

I sent james the following email.....

Hi James,

Luv the show as always. Talking of negative equity please take some time to look at www.housepricecrash.co.uk to learn more about how badly the housing market values have been manipulated. There are lots of examples and discussions regarding new build scams, BTL investors buying on margin, property clubs selling over valued houses. The outcome of the past years of greed will be normal families left holding mortgage debts of 10x saliries against a home that is falling in value to a more realistic 3.5x salary price. Unfortunatly the family will be left with the debts for the remainder of the loan and as your program has proved the debts will be chased for years affecting the unfortunate familys lives.

Keep up the good work, always like your well balanced program.

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Yeah, it's subscription though. £12 for 6 months. At least it has all the ads, news and travel taken out.

You're kidding? Sounds as if they don't get the 'Net. Recently the NY Times had to stop its subscription service as apparently they were getting hardly any footfall on their site. This so-called nickle and dime Internet - £48 per annum is a lot more than nickle and dime - just does not work.

Internet sites make money from click-thru adverts - the content should be 'free'.

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  • 399 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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