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House offer price
Hi all, forgive me as no doubt this has been asked many times. I am in the process of viewing houses, i dont want to go over the £215.000 mark. I there a general rule as to % of the house listing price compared to sale price. With not going over the £215.000 mark what listed priced houses do you think i can look up to in…
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Call to raise retirement age to at least 70
A sober thought for younger forum members. http://www.bbc.co.uk/news/business-40057117
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Ownership amongst the young
Are people choosing to rent, or is it just that everything has become so very unaffordable up and down the country? http://www.resolutionfoundation.org/media/blog/home-ownership-for-young-families-has-halved-in-west-yorkshire-greater-manchester-and-outer-london-since-the-1990s/ Despite assertions on here that everything is…
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UK Q1 2017 GDP Second Estimate +0.2% (Revised down 0.1% from Preliminary Estimate)
Main points * UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.2% between Quarter 4 (Oct to Dec) 2016 and Quarter 1 (Jan to Mar) 2017. * UK GDP growth in Quarter 1 2017 has been revised down by 0.1 percentage points from the preliminary estimate published on 28 April 2017; mainly due to…
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if labour cancelled brexit would you vote them into power?
as the title says, I would be very surprised if labour didn't use this as a weapon, and maybe even reached out to the libdems and SNP for a coalition as they will do anything to get into power. personally I think May has taken an unnecessary risk in calling this election and it could massively backfire on her, I'm praying…
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Haringey cheap properties still steaming ahead
http://www.homesandproperty.co.uk/property-news/house-prices-in-london-prices-slow-across-the-capital-but-outer-boroughs-including-haringey-and-a110476.html
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Labour activists playing games on social media
I read this yesterday in the comments on a news article: "What a terrible shock it was for me and other elderly folk to hear the news that the Conservative party not content with their attacks on the sick and disabled, have now turned their wrath onto us pensioner's." Then today had a strange sense of deja vu when I read…
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Finally a Politician is honest with people... (shame it was this politician)
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Where does our tax money go?
Within the thread "snap general election thread" I posed the question. Looking at Britain from across the Channel I often wonder "where the money goes" I read, and hear (from friends and family) that Britain has.. Poor infrastructure, roads, rail, airports bridges etc. Bus and train travel is very expensive. Educations is…
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Bedrooms vs ownership
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Is selling property always difficult?
I've sold four properties over the last 30 years and only one of them was easy to shift. 1988: 2-year-old new build 3-bed house in the Midlands. I paid £25.5k, valued at £41k, sold for £46.5k - many bids received. 1999: 11-year-old 1-bed church hall conversion in London. I'd paid £85k in 1988, offered at £115k, took about…
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Interesting News from the Canadian Property Bubble...
https://www.bloomberg.com/news/articles/2017-04-26/home-capital-gets-c-2-billion-loan-will-miss-financial-goals Remind me again... who was it who got the Canadian bubble inflating nicely? I hope it wasn't someone who now has any influence at all over UK economic policy!:D
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The Great British Brexit Robbery....
I came across this article on Google News at the weekend. It's quite a long read, interesting and worrying if it's all true? Comments anyone? https://www.theguardian.com/technology/2017/may/07/the-great-british-brexit-robbery-hijacked-democracy
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Beware the Credit Crash!
https://www.theguardian.com/commentisfree/2017/may/08/credit-car-crash-sub-prime-crisis-cause-next-financial-collapse If you think that's bad there's over $1tn of car debt in the US.
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The Tories start recycling campaigns
Theresa May has stated that if she wins the GE, she will cap energy prices. I seem to remember the Labour Party made exactly the same promise at the last election. What will be the next election promise made by one party previously, be the next one to be recycled by another.
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Sir James Dyson wins vacuum cleaners appeal at European Court
Finally common sense rules. http://www.bbc.co.uk/news/business-39882674
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Time to sell and bank the cash?
Hi, just after opinions please. Looking at selling our house after 6 years ownership. After overpayments and some good growth we should realise around £170,000 after expenses etc. Were looking to sell now ad will probably emigrate to NZ late next year when my work contract ends. Accommodation in between will be through…
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The election that might make a difference and is too close to call thread - France
I am of course talking about France Round 1 just round the corner and whilst LePen (Farage) and Macron (David Milliband) maintain a small poll lead it is not impossible that either or both of Melenchon (Corbyn) and Fillion (May) could finish in the top 2 in round 1 and go on to contest the second round. This throws up some…
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UK Affordability still very good
One important factor when looking at this table is that at the end of the mortgage term our buyers are not in the same position. While the London buyer pays more of their income than the North East buyer he ends up with a house worth £400,000 more. So its not just housing they are paying for (the interest element of the…
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Why does anyone care about the fish?
Just wondering what motivates people to continue 'debating' in the thanks for the fish thread (on both sides) For me it is a frustration and fascination regards human behaviour regards what I perceive to be an almost cult like alignment to a philosophy of national pride for a nation which doesn't really exist. It helps…