Debate House Prices


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Property Snakes and Ladders; 2009

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Comments

  • confused31_2
    confused31_2 Posts: 1,272 Forumite
    i think ive found some potential tenants, they should be okay to use the shower as well:D



    TimeBandits.jpg
    I am not a Mortgage Adviser
    You should note that this site doesn't check my status as not being a Mortgage Adviser, so you need to take my word for it. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • confused31_2
    confused31_2 Posts: 1,272 Forumite
    or

    SevenDwarfs-full.jpg
    I am not a Mortgage Adviser
    You should note that this site doesn't check my status as not being a Mortgage Adviser, so you need to take my word for it. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • space_rider
    space_rider Posts: 1,741 Forumite
    confused31 wrote: »
    or

    SevenDwarfs-full.jpg

    Perfect! But then again is there enough bedrooms!
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic

    And ... if you decided to take the bath out, would it fit through the door? They got it in before the bathroom was built didn't they?

    I've taken a couple of old cast iron baths out. Club hammer job. It would be a shame to do it to a new one, but hiring a crane to take it out the window wouldn't be economic either.
  • Doozergirl
    Doozergirl Posts: 34,076 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 23 June 2009 at 11:47PM
    I realy respect that she loves interior design but not only were they rubbish at property developing, she was proper rubbish at interior design.

    Woud you hire someone to paint your rooms white? Honestly. Bespoke kitchen that looked like MFI and an ill conceived bathroom based on one she already has in her house. Presumably the shower in their house actually fits. Why do the tiles only cover part of the wall? Doesn't interior design involve furniture, colour, pattern, texture?

    And then another four months to realise they're asking too much on rental property. So by waiting for that non existant buyer/tenant, they've wiped out all of the profit that they may have made.

    How do people that uninspired and dim get and stay in position well paid enough to fund that hobby? And no, the interior design business won't be taking off as a result. The only thing with any design in it was designed by someone else and even that was a bit dull.
    Everything that is supposed to be in heaven is already here on earth.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Doozergirl wrote: »

    How do people that uninspired and dim get and stay in position well paid enough to fund that hobby? And no, the interior design business won't be taking off as a result. The only thing with any design in it was designed by someone else and even that was a bit dull.

    Most people will never see the programme, most of those that do won't understand or see your list of her faults.

    She'll just stamp "as seen on TV" on her business card and the numpties will be impressed and hire her to paint their house white and find them a kitchen and roll top bath.
  • dopester
    dopester Posts: 4,890 Forumite
    lynzpower wrote: »
    HILARIOUSLY - SHE WAS A BANK MANAGER!! ::rotfl::eek:: :rotfl::eek::rotfl:
    and her husband jsut sat there going "when we bought this no one could see a property crash coming" :rotfl::rotfl::rotfl::T:rotfl::rotfl:
    :confused:

    Sick. People like her employed, big-fat salary, just to stamp mortgage applications for ever greater amounts...
    without question about how rapidly values were rising, and little or no expectation values can crash.

    I missed the first 15 minutes of the show. It is now on C4 Catchup.
    It's late 2007, and the once buoyant housing market is starting to slow. Even so like millions of others,
    data-consultant Chris (Wheeldon?) and his wife Jules, a bank manager, hope property developing could
    provide a pension.
  • Snooze
    Snooze Posts: 2,041 Forumite
    1,000 Posts Combo Breaker
    Still not enough doom and gloom :p. They're still making profit. I want to see someone ignore all Beeny's advice and make a 6 figure loss just to see the look on their face :rotfl: and hear Beeny say 'I told you so' :rotfl:.

    Rob

    <goes off to find posts by dopester to satisfy doom 'n' gloom cravings :j >
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    Car Crash TV.
  • poppy10_2
    poppy10_2 Posts: 6,588 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I think they said their outgoings to service the debt that they built up, was £1800 a month .... Maybe as Ali says they had variable rates and their costs went down with interest rates.
    It does make you think how many people are in the same situation. And what happens to them when rates go up again.... and house prices don't.
    There's a whole section of RIOs that are going to get badly burned once interest rates start to rise. I reckon we could yet see double digit interest rates again within the next couple of years, thanks to all the money that is being printed.
    poppy10
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