Uriah Heap Posted April 19, 2005 Share Posted April 19, 2005 For sheer plonkerishness this weeks 'developers' look like classics. They have just bought their third property on a credit card! Quote Link to comment Share on other sites More sharing options...
Casual Observer Posted April 19, 2005 Share Posted April 19, 2005 For sheer plonkerishness this weeks 'developers' look like classics. They have just bought their third property on a credit card!<{POST_SNAPBACK}> I'm following it with a kind of morbid fascination Quote Link to comment Share on other sites More sharing options...
Swervin Mervyn Posted April 19, 2005 Share Posted April 19, 2005 For sheer plonkerishness this weeks 'developers' look like classics. They have just bought their third property on a credit card!<{POST_SNAPBACK}> Even Sarah Beeny seems to be cacking herself about thsee peoples financial folly. If recent programmes have been anything to go by they'll probably sell to a relative/neighbour/tooth fairy for a hansome profit. Quote Link to comment Share on other sites More sharing options...
No Muggy Bear Posted April 19, 2005 Share Posted April 19, 2005 Where did they find these guys - looks like the Addams Family! Quote Link to comment Share on other sites More sharing options...
Swervin Mervyn Posted April 19, 2005 Share Posted April 19, 2005 Removing structural wall, boxing and plastering the RSJ without even realising that you need a building inspector involved. HAHA The builder's not the sharpest tool in the box either. Quote Link to comment Share on other sites More sharing options...
Sledgehead Posted April 19, 2005 Share Posted April 19, 2005 They didn't bother to get structural work inspected and approved. How f@cking clueless. they will have to strip plastering back. If these guys make a profit there is no justice. Quote Link to comment Share on other sites More sharing options...
JustYield Posted April 19, 2005 Share Posted April 19, 2005 her tone of voice alone gives me the impression this is the final series. Quote Link to comment Share on other sites More sharing options...
Swervin Mervyn Posted April 19, 2005 Share Posted April 19, 2005 her tone of voice alone gives me the impression this is the final series.<{POST_SNAPBACK}> I was thinking the same, there a definite mood change. The neighbours must love them using a pneumatic drill in the garden at night! Quote Link to comment Share on other sites More sharing options...
Uriah Heap Posted April 19, 2005 Author Share Posted April 19, 2005 They are just digging up the concrete in the garden looking for the sewer. Classic comment - "This is likely to eat into the profits." Quote Link to comment Share on other sites More sharing options...
Guest consa Posted April 19, 2005 Share Posted April 19, 2005 Did they double up the plasterboard? ie 2 layers, if not this contravenes fire and building regs, did they install this beam? if so they would have to supply supporting calcs possibly unless it is standard size which it could be, definately would require bldg regs anyway, sorry not watching it i would puke!! Quote Link to comment Share on other sites More sharing options...
Dames Posted April 19, 2005 Share Posted April 19, 2005 Oh dear , here comes the valuation. Quote Link to comment Share on other sites More sharing options...
Uriah Heap Posted April 19, 2005 Author Share Posted April 19, 2005 They are hoping for a profit of £3,000 which actually doesn't seem all that unrealistic, though not an easy way to make a living. Quote Link to comment Share on other sites More sharing options...
Phaedrus Posted April 19, 2005 Share Posted April 19, 2005 B*gger! Mrs Phaedrus is watching Holby City and won't let me turn over. :angry: Quote Link to comment Share on other sites More sharing options...
Sledgehead Posted April 19, 2005 Share Posted April 19, 2005 (edited) At least the kids are modest and realise their ****-ups... funnily enough it's the parents who are dreaming of a higher asking price ("because of all th ework we've put in"). The kids practically mocked the 87.5 EA estimate. The kids: "It's not so much about making money as helping Mum & Dad out." How nice are these kids? Edited April 19, 2005 by Sledgehead Quote Link to comment Share on other sites More sharing options...
Swervin Mervyn Posted April 19, 2005 Share Posted April 19, 2005 Hang on a minute... Sarah Benny says "they've suceeded in bolstering their pension" .. but they've not actually sold the house... what? She seems to be openly talking the marked down and rubbishing unrealistic EA valuations, good on her. Quote Link to comment Share on other sites More sharing options...
Warwickshire Lad Posted April 19, 2005 Share Posted April 19, 2005 The kids practically mocked the 87.5 EA estimate.<{POST_SNAPBACK}> And yet they let the 87.5K valuation go to their head because that's what they put it on for ! One month, no offers. Hardly surprising. Liked Sarah Beeney pointing out that the work they put in amounts to them less than earning the minimum wage. How stupid can you get ? This family were just another example of people brainwashed by this property bubble. Quote Link to comment Share on other sites More sharing options...
Van Posted April 19, 2005 Share Posted April 19, 2005 Oh my God. Now I know why Rightmove's index jumped 2% last month. Quote Link to comment Share on other sites More sharing options...
Merryn Posted April 19, 2005 Share Posted April 19, 2005 Hang on a minute... Sarah Benny says "they've suceeded in bolstering their pension" .. but they've not actually sold the house... what?She seems to be openly talking the marked down and rubbishing unrealistic EA valuations, good on her. <{POST_SNAPBACK}> Am I right in assuming they haven't sold at the 87 grand then? I still can't get over using a CREDIT CARD for the deposit. Shouldn't that be illegal or something? Call me naiive.... Quote Link to comment Share on other sites More sharing options...
JustYield Posted April 19, 2005 Share Posted April 19, 2005 Am I right in assuming they haven't sold at the 87 grand then?<{POST_SNAPBACK}> Another PropDev programme without an offer at the end, let alone a sale. Quote Link to comment Share on other sites More sharing options...
non-FTBer Posted April 19, 2005 Share Posted April 19, 2005 50 HPC points to the first person to find it on Rightmove or NetHousePrices..... Quote Link to comment Share on other sites More sharing options...
zzg113 Posted April 19, 2005 Share Posted April 19, 2005 I still can't get over using a CREDIT CARD for the deposit. Shouldn't that be illegal or something? It used to be. If mortgage lenders found out you had borrowed your deposit they would normally refuse the loan, as it would take the LTV up to 100%. Of course in a bubble, prudent lending standards go out the window. Quote Link to comment Share on other sites More sharing options...
xyz Posted April 19, 2005 Share Posted April 19, 2005 Is it still for sale? Where CAN I get a house with no bathroom anywhere near the bedrooms and no toilet anywhere near the bath for a mere £15K over the lowest valuation Quote Link to comment Share on other sites More sharing options...
CrashCrash Posted April 19, 2005 Share Posted April 19, 2005 They have not sold it yet, so they have not made any money yet. Recorded it and watched back again. no sign of sale or even sstc Quote Link to comment Share on other sites More sharing options...
Bearing Up Posted April 19, 2005 Share Posted April 19, 2005 50 HPC points to the first person to find it on Rightmove or NetHousePrices.....<{POST_SNAPBACK}> Where was the house? Quote Link to comment Share on other sites More sharing options...
Merryn Posted April 19, 2005 Share Posted April 19, 2005 Where was the house?<{POST_SNAPBACK}> Treorchy (think that's how you spell it). South Wales, famous for male voice choir and defunct pit. So hilarious that they were designing house for soft southern professionals Quote Link to comment Share on other sites More sharing options...
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