Liz Jones is Credit Crunched in the end.....

sss555s

fc123 wrote: »

I can't believe we haven't managed to find the price she paid a few years back....or did we? I am getting a bit lost.

We do have the best of google sniffer dogs on this board afterall.

See dopster's posts below

fc123

2005-09-29 Middle Upcott, Brushford, Dulverton, Somerset, TA22 9RS

£634,000

............plus the 500k to convert a 2 bed barn = 1,134,000

But but she said she would 'lose' most of her equity once the mortage and debts were paid off. I calculate £766,000 if she gets asking price less all the selling fees and stamp duty on new place.

I know there has been some HPI and then a bit of a crash...but surely this place is waaaay overpriced.

misskool

but dah-ling you're buying into the liz jones cachet.

It's a bit vulgar how she's advertising her house for sale though I suppose needs must.

neverdespairgirl

fc123 wrote: »

..and new skin.

From the other pics, no way is she sample size.....trim for 51 but not sample size as she claims.

Sorry to be thick, what do you mean by "sample size"?

Lotus-eater

neverdespairgirl wrote: »

Sorry to be thick, what do you mean by "sample size"?

Samples are the range that the agents troll around the stores.
The average sample size is a recognition of the sort of range the agent has. Middle age, is likely to be a 12 or even 14, younger is (or was) likely to be a 10 or smaller.

At the end of the year, the agent has (or used to have to) to get rid of the samples, so he would sell them off cheaply, to friends who were about that size.

neverdespairgirl

Thanks - so it's not a set size, it depends on the clothes?

treliac

fc123 wrote: »

Nooooo:D...I worked from home today so didn't grab a Standard.

I can't find the article in the Standard online either.

Is it still 1.9 mill?

I'll be down that way soon, fc, I'll have a look around for you.

Lotus-eater

neverdespairgirl wrote: »

Thanks - so it's not a set size, it depends on the clothes?

I suspect for fc, it's one size as std, as she deals with younger clothes, maybe a 10 or 8, my family always dealt with older ladies clothes, so I'm more used to a 12.

dopester

sss555s wrote: »

I'm sure this is it....

2005-09-29 Middle Upcott, Brushford, Dulverton, Somerset, TA22 9RS

£634,000

:cool:

No no no no no no no no no

She didn't buy it in 2005. She was still in London and married to lover-boy and going on about her massive subprime mortgage back then.

She had her urge to get out of London after the split with lover-boy. It was in 2007 and soon after began writing pieces slating the locals.

It is this place, from a Telegraph article which was promoting the farm for sale at the time.

West Country property: Best of the moors
Caroline McGhie
Published: 12:01AM BST 21 Sep 2007

Upcott Farm, at nearby Brushford, with five bedrooms, a two-bedroom converted cider annexe, a courtyard of barns and stables and 47 acres, is for sale through Knight Frank (01392 423111) at £1.6m. This would suit a member of the new wave of buyers dubbed Droppies (Disillusioned Relatively Ordinary Professionals Preferring Independent Employment Situations).

http://www.telegraph.co.uk/property/3359384/West-Country-property-Best-of-the-moors.html

She might have got the sellers to come down a little on the asking price, but she definitely paid a lot more than £634,000.

Improvement work:

http://www.gands.co.uk/page/news/greig_amp_stephenson/60,427,1,0.html

soolin

What struck me is how on earth she is viable to any mortgage company?

I know we can't take anything she has said as truth as that isn't her strong point as she prefers sensationalism, but there seems a very good chance that after selling 'the pile' she at the very least ends up in a neutral position, no debt but no profit.

So she trundles along to her friendly broker and says she needs a 100% mortgage to buy a derelict cottage that she plans to do up. According to her own writings she has defaulted on more than one occasion on her current mortgage, she has failed to pay HMRC their dues, she has exceeded her overdraft position, she doesn't open post as it frightens her and she has been persued by debt collectors. Hmm, yes, a 100% mortgage looks fine Madam, are you sure you don't need 105% to make sure you can afford to do renovations?

That leads to the conclusion that her ramblings are merely fabrications and should be sold on the basis of fiction, or else she really is living in cloud cuckoo land.

The alternative is even worse and it is all true so she sells 'the pile' and then can't afford to buy another. So another article goes out telling all those little old ladies that she is going to have to put her animals down unless she can buy a house, and one weeks pension from each of her loyal readers would do nicely as a down payment please to save the poor gees gees and bah lambs.