Tragic case... "This website has failed"

Spartacus_Mills

B_Blank wrote: »

Why dont u post this on there?

Hamish was banned for persitent trolling. He has a thing about that forum. Like a jilted lover he just cannot let it go.

nembot

I tend to differentiate Hamish from some of the other idiots like Sibley & Ghouls, due to some of his posts making quite a lot of sense, albeit in a weird kinda way.

Then I read something like this, which leaves me thinking what a f'kin !!!!!! that guy can be at times.

geneer

Conrad wrote: »

Exactly.
I've long questioned why abstaining buyers measure everything in terms of pounds and pennies.

More to life.

This does rather reek of Bull meme no 1546: "Houses are just for living in".

Quite nice to see some of the hits of 2008 making a come back.

geneer

StevieJ wrote: »

1.45% actually, Alliance and Leicester, 2 years at BR + 0.35% then the life of the mortgage at BR + 0.95%, anything else?

I've got mine from Moonim and Toomins, 10 years at BR -5% then the life of the mortgage at -4%. I'm getting tired of them paying into my mortgage.

StevieJ wrote: »

what is a Bulltroll BTW?

Well I know its a cunningly complex code Stevie, but I'm sure a big brain like you can get his head around it.

Sir_Humphrey

Conrad wrote: »

Exactly.
I've long questioned why abstaining buyers measure everything in terms of pounds and pennies.

More to life.

It is easier to enjoy life if you are not broke.

crash123

My first post after reading this site and other sites such as HPC for a very long time.
Your situation is very similar to mine and my partners but back in 1989. We waited and waited and then bought in 1993. Not quite the bottom of the market but nearly. The debt was very affordable.

I live in Harrogate known as part of the golden triangle. House prices are very sticky but they do drop. A house near us has just sold for less than it did in Q4 2004.
Keep saving and buy when you think the time is right.

As I mentioned above I have also read HPC for a long time and I remember Hamish`s posts very well. In fact I loved them as it made the site very interesting. However I also remember his status changing from BUll to NEITHER just before he got banned. Would he like to comment to this?
From his posts on here he is definately a BULL again but for how long?

tara747 wrote: »

+1

Great post LIR. If he couldn't afford to buy in 2004 (and it sounds like he couldn't), he made the right decision not to buy. The subsequent IR rises up to 2007 (3.75% to 5.75%) may have pushed him over the edge.

FWIW, I couldn't afford to buy when I first started looking in 2004/05 - I had finally saved up a few £ but the boom had started to gather pace by then and houses here were going 40-50% over asking. I was horrified, then did some research, made my own decision not to buy and kept saving.

Some of my friends took the plunge in 2005-07 and are now in massive negative equity, while I am sitting on a very good deposit (see sig) and so is OH. We will buy when the price and the house are right, and our mortgage will hopefully be <10 years. I have to admit, there were times in 2006 and 2007 when I got very despondent, but when the crash started I felt vindicated. And I thank my lucky stars (and my own judgement) that I didn't buy.

And before anyone asks why I didn't buy earlier than 2004, I was too young and had only just started working!!



Good idea, I'm sure there are a lot of people in that position (I know some of them personally).



I feel sorry for him too, because he sounds depressed. Yes, he has been unlucky with LLs too. But nobody has a 'right' to buy a house, and his reference to 'liar loans' rankles slightly.

DervProf

Sibley wrote: »

I don't think anyone is priced out.

A first time buy should be a flat not a 4 bedroom detached house. The sooner people accept this the better.

You don't think anyone is priced out ? The first three words of that sentence are true, but the whole sentence is rubbish.

As far as the second piece of "wisdom" in the above quote is concerned. :rotfl:

doire_2

quantic wrote: »

I personally feel that anyone who can afford to buy a house, but waits a substancial amount of time to buy so that they can get a good deal is an idiot. I don't care if they get a house for 20k/30k/40k less than they originally would have. Money is not more valuable than time. I don't care what the sums say.

.

So they spend 30k on rent but see a house drop by 60k and you say they are idiots?

DervProf

doire wrote: »

Its a fantastic site. I got married last year and was nearly sucked in by my in laws and wife-to-be telling me to buy before we got married.

Having read HPC daily i put across my views on why we shouldn't buy. We have kept adding monthly to our deposit and watched house prices fall. OK we have spent nearly £6,000 in rent since then but i have been watching two houses since around August or September

One has come down £38,000 since then and the other £60,000.

Im going to view the first one on saturday

Ahhh, but what about the poor vendors ? What a terrible thing it is for you to not pay what they are asking for. Look how much money they are losing !

Note : I would have genuine sympathy for the vendors if they are being forced to sell due to circumstance that we are not aware of. Chances are that their property was put on the market at a higher starting price to gain as much money from the prospective buyer who did not materialise.

DervProf

Sibley wrote: »

It's so funny this week.
The bears are throwing the toys out of the pram.

The HPC dream is over and they know it.

Trouble is, those toys are hitting the bulls on their heads. Seems the bulls are getting rattled by those rattles.