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IMPORTANT WARNING! The future of this board.
Hi Folks, This is a particularly unpleasant message to write. As many of you know we set up the Debate House Prices, the Economy & Recession board recently to allow discussion without affecting the original practical focus of House Buying, Renting and Selling board. More recently, the tone of the board has taken on an…
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£1000 of Free House Price Information Each (merged)
You may like to know the price at which a house has been sold within the last nine years. e.g. Any house in your road. e.g. Any house near to one you hope to buy. e.g. How much a friend, relative or neighbour paid for their house. Until now you could get this information from the Land Registry for £2 per property. Now you…
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Never thought I would say it: Blair tells it like it is. Labour needs to go back to the 90s
https://www.theguardian.com/politics/2020/feb/20/tony-blair-only-a-complete-renewal-of-labour-will-do Corbynism is in tatters. The worst defeat imaginable. Labour locked out of power for a decade or more, and what are the leadership hopefuls discussing? The same issues that the electorate hated before Christmas, but with…
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COVID19 - your strategy?
Which strategy you prefer (not for yourself but assuming you have the authority to decide UK's strategy on COVID19) Your selection is private i.e. others cannot see your choice.
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How much is £500 billion
Weight of 500 billion pounds in Pound coins * A pound coin weighs 9.5g or 0.0095kg * Five hundred billion Pound coins would weigh 4,750,000 metric tonnes. * A car, such as Volkswagon golf weighs 1,376kg. * So Five hundred billion pounds in Pound coins would weigh the equivalent of 3,452,034 cars. This is how much the…
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Coronavirus effect on property markets?
Gold and silver usually goes up when something bad happens and property is usually inverse correlated to the monetary precious metals. What will happen to property markets if this coronavirus does keep spreading as it is doing currently?
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Welcome to the UK
This graph highlights just how royally F'ed the younger generation are. I'm all for capitalism but something needs to be done to prevent impending mass homelessness / affordability. A recent survey showed that the average Brit (excluding London) on average spend 40% of their income just on rent. Is there any realistic…
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1st positive thread on here on how you CAN get your 1st home
This message board has been here a while now and many of the messages on here are so negative, which I find troubling in a country with so many opportunties. In all this time and all the messages and opinions there has not been one thread on how you CAN get on the property ladder. I know there is a cynical bunch out there…
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Corona-19 and small businesses
There is a lot of debate about small firms and the self employed. I have a great deal of sympathy for those who have been "forced" into self employment (often on zero hours contracts) for the convenience of reducing their employers costs (no pension, no guaranteed work, no employment rights). But should we feel sympathy…
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Mortgage holidays until Coronavirus is no longer a threat?
I am sure there is going to be a lot of financial distress for a great many people this year, how about a mortgage holiday this year for when things start getting really tough?
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Why has some things quadrupled in price, yet other things are cheaper to buy?
I find it odd how house prices, even fuel to run the car has quadrupled in just 30 years, yet some things like televisions you can buy at a fraction of the cost they were in the 70's. I started driving in 1986, when petrol was just £1.07 for a gallon, now we all know there are 4 litres in a gallon, which means at on todays…
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Moneyweek predicting price rises?? Sell now!!
https://moneyweek.com/investments/property/house-prices/600840/the-biggest-risk-facing-the-uk-housing-market-right-now Last time doom-mongers like Moneyweek and Capital Economics shouted buy was early 2007 They are at it again ! Should this be a sign to sell up now?
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The Nice People No. 17
Possible new home for The Nice People in case the main thread gets deleted. I thought that I had better start decorating. Here's some Sanderson wallpaper to be getting on with:
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The New Fat Scotland 'Thanks for all the Fish' Thread.
For everything Scotland related. Economics, politics, oil prices, GERS, new powers etc etc. I know some of you will just be [STRIKE]groaning in abject horror[/STRIKE] just as excited as I am about the prospect of another Scotland specific thread. So here it is. I've been on these boards for a while know, and there always…
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Post Covid Consensus?
I have feeling that many people in this country will realise that they live a lot closer to the breadline than they previously thought. They may also realise how much they will have to rely on public services if things go wrong. Ultimately lots of people are probably finding out just what is important to them. Once we…
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America just diluted the value of the dollar by how much?
So America literally just printed $2trillion and injected it into the economy, how much did this dilute the purchasing power of the dollar essentially over night?
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Why I am confident in the long term property market
I have never claimed that there has not been a housing crisis in the UK, still is. But what I have been certain of is that no government for all their weasel words will ever do anything about it, hence my confidence present and future in investing in the property market. This covid 19 epidemic and crisis along with the…
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Go ahead with loft conversion or no?
I have 2 kids and am currently in a 2bed house. The house is quite small and as my baby is now nearly 18m and still in our bedroom, so we really need another bedroom. We had considered the pros/cons of doing a conversion vs moving and decided we rather stay we're at. We have everything ready to do a loft conversion in mid…
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Bank of England cuts Interest rate from 0.25% to 0.1% and introduces new £200 billion QE programme
The Bank of England has cut its base rate to a joint-record low of 0.1% - warning the coronavirus pandemic will result in a "sharp and large" economic shock. Its rate-setting committee, led by new governor Andrew Bailey, also decided at its unscheduled meeting to re-start the post-crisis asset purchase programme, also…
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Remortgage Asisstance
Good Morning, In light of the economic situation in the UK and of course globally, is it the right time to remortgage? Are banks and mortgage lenders increasing their criteria to lend? In other words, is it more difficult to be accepted for a mortgage at the moment? Thank you.
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Helicopter currency drops
Hong Kong have every citizen $10K, Japan has done a similar thing a few times and other countries now USA too is going to just create Trillions of units of USD out of thin air and do helicopter drops on the people. https://mobile.twitter.com/CryptoWendyO/status/1239967431906324482 If creating new currency out of thin air…
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Bearish to bullish this year and now back to bearish..
Things move so quickly, at the start of this year after changing my slightly property bearish stance to a slight Bullish one, I have now had to change my mind again for the next few years because of the coronavirus and admit we are now looking at falls of anything up to 6% falls in the next 3 years. What do you think?
