FTB's and buying now..

wymondham

Gangstabird wrote: »

Should have added where do you live. Is it an island where there are only 5 people within a distance of 20 miles and you have 2 coppers but no crime:D

i live oddly enough in wymondham, you could call norfolk an island for the good the main road in is!!

wymondham

dopester wrote: »

Are you sure? Someone on the forums, married to a police officer, told me that policemen* couldn't be made redundant. I tried to research that but didn't find any info.

sure i heard this - I'll try to recall where, or if not confess to supplying false info!!:o

wymondham

sorry, had to add this post as it's my 1,000 th. I've not been so proud since my last acheivement of 5 stars on eBay!! :j

neverdespairgirl

Gangstabird wrote: »

So the police in your area are being made redundant, also the nurses (I can understand this if a hospital is shutting down).

I have to be honest and say that I have never, ever heard of a police officer being made redundant.

I have a very strong feeling that police officers can't be made redundant.

Part of the compensation for their not being allowed to strike.

neverdespairgirl

wymondham wrote: »

Interesting point, I don't know, but can someone help here - do 'portable' type mortgages need to be redeemed in the same manner as normal ones, or do they simply transfer to the new property regardless of equity etc..???? Does anyone know?

They need to be re-underwritten - so the new mortgage on the new place needs to be the right LTV, credit checks OK, and income needs to meet current rules, etc. It's the rate which moves, and the early redemption penalties avoided, rather than the whole lot transferring over.

dopester

neverdespairgirl wrote: »

I have a very strong feeling that police officers can't be made redundant.

Part of the compensation for their not being allowed to strike.

It seems you are right. Although the squeeze still exists - and reality bites. All kinds of promises will be broken or reworked.

Maybe police officers can still be forced to take pay-cuts?

http://www.lincolnshire-pa.gov.uk/pages/viewPR.asp?ID=66

PRESS RELEASE Budget Crisis For Lincolnshire Police

1 October 2007


FORCE BETWEEN A ‘ROCK AND HARD PLACE’
‘Major boost to funding is crucial or officer, staff cuts and police
station closures are inevitable.’

“The stark fact is that if the money we raise locally through the police
precept through the council tax is kept below the anticipated limit of 5%, we will
have to cut the number of Lincolnshire police officers by a quarter to balance our
books. However, police officers are appointed by the Crown and they cannot be
made redundant and natural wastage through retirements and resignations
would take too long to generate the kind of savings which we would be forced to
make,” she says.

“This means that 364 members of police staff would have to be made redundant.
That would mean bringing in 364 police officers from front line duties to cover
their roles – and with our current strength at 1163 our position would be
perilous. Support staff redundancies would also incur costs which would
effectively increase our budget deficit,” she says.

Mrs Crowe says Lincolnshire’s funding crisis is historic. Without a minimum
increase in our overall budget of £7m next year the Police Authority will not
be able to meet its statutory duty and present a balanced budget. This
substantial deficit will expand to £14m by 2010 if nothing is done. In addition,
changes to the funding formula could see Lincolnshire losing up to an additional
£3.6 million. “Lincolnshire has a history of under-funding from the Government
and the Police Authority’s desire to limit the strain on the local taxpayer has led
to ten years of setting low police precepts. As a result our budgetary situation is
now untenable. The time has come for radical action.”

Dan:_4

dopester wrote: »

It seems you are right. Although the squeeze still exists - and reality bites. All kinds of promises will be broken or reworked.

Maybe police officers can still be forced to take pay-cuts?

http://www.lincolnshire-pa.gov.uk/pages/viewPR.asp?ID=66

Leave it out dop. You wont be happy until the last person in the country loses their job. Are you unemployed yourself, and praying unemployment goes sky high to make yoursel feel better?

On a postive note, we got our annual pay rise of 3.5% agreed yesturday - back dated to April of course. Plus my performance increase of 4% which happened in April - so 7.5% this year - im happy.

obsessed_saver

Jennifer_Jane wrote: »

Rents around here are about £400 for disgusting places, and my mortgage payment is £100 a month (will be paid off next year).

Exactly!

What if it was the other way round, the rent is £100 and the mortgage interest is £400? (Just re-using your numbers, but the point is to illustrate that mortgage interest is higher than rents in most places these days).

Would you still buy?

wymondham

neverdespairgirl wrote: »

I have a very strong feeling that police officers can't be made redundant.

Part of the compensation for their not being allowed to strike.

yes, been looking today and the item was about pending pay freeze and possible cuts.... sorry about that...

mewbie_2

neverdespairgirl wrote: »

I have a very strong feeling that police officers can't be made redundant.

Part of the compensation for their not being allowed to strike.

Didn't they have a very well behaved demo in London a while back? I really really wanted them to met by a load of tough ex-miner's, riding pit ponies through their lines.