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

neverdespairgirl

dopester wrote: »

I could just about understand it if she could separate the properties, and sell off the barn conversion in its own right (£300K+?). Sort of move the gate from A to B, but I don't think the farm is set out to allow it. And even then, £300K-£400Kish might not be much of a return on what she's spent doing it up. And it's only 2 bedrooms.

She may well not be able to. Barn conversions such as these are frequently granted PP on condition that they aren't sold separately.

lostinrates

fc123 wrote: »

. Can you believe the price of hay?

Yes. Cost more to make it this year than it usually costs me to buy it. I remember a year about this expensive in the late nineties, but this was a cracker. Local contractors charge a scandalous amount for small bales, which means we had to large bale it, which means I'll have to plan a week a head at weekends: there is no chance of moving one by my self (unless I drag it on the land rover). I sold a third of the field, and it paid for itself, but no more. I could have held out for more if we'd been able to small bale it but the small bales were crippling. Over five times what I've ever paid and what my chum near Liz charges. Hay crops were light this year, apart from ours, and so its worth a bit, but limited in my market wbecause of the big bales. In anycase, I'm happy to keep it all. In a light winter I'll use about half, and can keep the rest for next winter (it declines in feed value over time but is feedable if kept dry, not mouldy or dusty). In an ideal world I'd have a small bale baler of my own by next year...but I think chances are better of ...one of the chickens laying a golden egg.:o I'll cross next years bridge when we come to it!

soolin

fc123 wrote: »

She believes all her financial probs will soon be gone because........da da.....the tarot reader said so.


?

I think she forgets that she is already a very wealthy woman, just not one that understands even the basics about budgeting and money.

I actually find it a tad insulting that she wants to be rich, when reading some of the threads on these boards shows she already has hugely more money than most people who are trying to manage.

howstupid

What I thought was hysterical about this weeks column was her thinking the tarot reader couldn't possibly know her.

She is a very distintive looking woman who tells the world all about herself every Sunday but there is no way the tarot reader could have known that..........!!!

fc123

howstupid wrote: »

What I thought was hysterical about this weeks column was her thinking the tarot reader couldn't possibly know her.

She is a very distintive looking woman who tells the world all about herself every Sunday but there is no way the tarot reader could have known that..........!!!

....:rotfl::rotfl:I have to say I was half way through the column (it's become a habit...like logging into here) and I was wondering why on earth am I wearing out my eyes reading this stuff?

lostinrates

fc123 wrote: »

....:rotfl::rotfl:I have to say I was half way through the column (it's become a habit...like logging into here) and I was wondering why on earth am I wearing out my eyes reading this stuff?

I haven't read it since I moved. Its a relief, but I think I miss the ''check'' to my own eccentricities.

dopester

howstupid wrote: »

What I thought was hysterical about this weeks column was her thinking the tarot reader couldn't possibly know her.

She is a very distintive looking woman who tells the world all about herself every Sunday but there is no way the tarot reader could have known that..........!!!

In fairness, the tarot reading (dangerous mystic mumbo jumbo for weak minds imo) was "over the phone".

In the end, and because it seemed churlish not to accept a gift, she persuaded me, so I dialled the tarot reader’s number.

http://www.dailymail.co.uk/home/you/article-1316573/In-future-looks-solvent.html

17 cats !

But then she said that something big will happen in eight weeks’ time, and that in four months’ time my life will have changed completely. She said I will be moving, and signing a contract. That I have two men after me, and I will have to choose between them. There is no way she could have known this. And then she gasped. She said that every card she turned over signified money.

VAT man and banker man? Debt IVA contract? Money owed to other people.

mrs_robinson_3

Well I know we've probably all moved on by now, and I've not even read the column for a few weeks - I know, am protesting too much - but last week, it struck me. Sad, I know.

But could the "rock star" be Bruce Dickinson? Think it was the mention of the hairyness and board shorts and leggings that did it. Plus in the 80s I was sort-of friends with his first wife, and they had a very liberal kind of relationship, and she was super skinny too - so it all adds up to me......

I leave it with you

Mrs R

vivatifosi

Interesting thought mrs r. He did indeed wear leggings etc and also isn't far out on the age (born 1958, I think LJ's claim was 1962-63).

antrobus

ClaretHead wrote: »

She's back in the Mail today, asking "Why do the banks bail out when you ask them for help?"

Recently I had a run-in with my bank. I have a mortgage with the Halifax. I missed two mortgage payments (renovations on my home went 150 per cent over budget and six months over schedule), which I repaid almost immediately. Wanting to get rid of my debt, I decided to sell my house — thinking I could take my fixed-rate mortgage, which was tied into a three-year deal, with me.

would buy a cheaper property, reducing my debt by several hundred thousand pounds. The bank’s response? A flat no.

Apparently I am too high risk and cannot move the mortgage at all. Then they told me I will never qualify for a mortgage on another property again, no matter how small. OK, how about if I sell my house and use the equity to repay the mortgage in full, straight away? Then buy a small cottage, mortgage free.

Ah, in that case — because it will be before the end of my three-year deal — they will slap me with a £21,000 penalty. Pray, what do they suggest? They suggest I stay in my present home, with the mortgage I already have that currently costs me 11 times the current Bank of England base rate (5.5 per cent), and which I have no desire to keep on paying.
The Halifax is owned by Lloyds, one of the banks to be bailed out by you and me in the current financial crisis. I think we have been duped when it comes to owning our own homes. I read a report the other day that revealed, even with the current downturn, investing in stocks and shares would have made us far richer than owning a property.
The downturn was blamed on ordinary people reneging on their mortgage payments, but I think that’s a big fat lie. Most people will do anything to keep a home over their heads. I am trapped. I wonder how many others are, too?

This is hilarious. Lloyds wasn't "bailed out", it was the Halifax that was "bailed out" and then taken over by Lloyds. And the reason that the Halifax needed to be bailed out was because it lent to much money to the kind of idiots whose renovations go 150% over budget, miss mortgage payments, complain that the bank want allow them to roll over a fixed rate deal, and then complain that the fixed rate is too high.