UK Mortgage Lending and House Prices DID NOT cause the credit crunch

Jimmy_31

Cleaver wrote: »

I just know that you told me last week that your joiner friend earns £7 an hour and now you're presenting a fully qualified plumber who doesn't earn enough to pay bills and mortgage, which would generally be around £1,000 a month. These are not normal, skilled, tradesman wages. Everyone knows this.

You know what, you're going to say I'm lying but I don't care. My joiner mate doesn't have a single day off until Sunday 26th November. Contract work through the week and then jobs every Saturday and Sunday. But as we discussed before, maybe he's a different type of joiner with better contacts.

Yes i know they are not normal skilled tradesman wages, if they were do you think we really would have bothered getting into the building game.

You know that grand a month household bill you mention you may also want to add on, public liability insurance, commercial vehicle insurance, tool insurance, tool repair, pat testing of tools, tool replacement, new tool for new type of job, cosumables for tools, bits, blades cutters batteries, cscs renewal (mines up next month), clothing for work, winter clothing for work, wet gear, boots, accountancy fees so what does that take the monthly bill to ?

I am fully aware that there are plenty of joiners out there who are still making a decent wage and fair play to them because its not an easy job, but what i dont think you realise is that all our customers have either lost their jobs, are spending more than is coming in or just saving every penny they can because they know things are getting worse.

Only work available is the HA work and thats just riddled with backhanders so theres nothing left for the lads who actually do the work.

Cleaver

Jimmy_31 wrote: »

You know that grand a month household bill you mention you may also want to add on, public liability insurance, commercial vehicle insurance, tool insurance, tool repair, pat testing of tools, tool replacement, new tool for new type of job, cosumables for tools, bits, blades cutters batteries, cscs renewal (mines up next month), clothing for work, winter clothing for work, wet gear, boots, accountancy fees so what does that take the monthly bill to ?

I would always keep business expenses separate to my household bills. My wife is self-employed and has overheads but we don't include these in our domestic monthly budget, it's all kept separate to be covered by her income. What's left over after her expenses is her net income, and that is what then goes in to our domestic budget.

Jimmy_31

Cleaver wrote: »

I would always keep business expenses separate to my household bills. My wife is self-employed and has overheads but we don't include these in our domestic monthly budget, it's all kept separate to be covered by her income. What's left over after her expenses is her net income, and that is what then goes in to our domestic budget.

Well fukc me why didnt i think of that, i can move into my first home now that my work bills are seperate from my household bills.

Cleaver

Jimmy_31 wrote: »

Well fukc me why didnt i think of that, i can move into my first home now that my work bills are seperate from my household bills.

I never said that keeping a business account separate from a domestic one would enable you to afford a house. I was making the point that generally when you talk about monthly domestic expenditure you look at mortgages and bills, not blade cutters used at work.

Jimmy_31

Cleaver wrote: »

I never said that keeping a business account separate from a domestic one would enable you to afford a house. I was making the point that generally when you talk about monthly domestic expenditure you look at mortgages and bills, not blade cutters used at work.

This is the point, we have got to take every single little thing into account when working out a budget for living based on hopefully getting 48 weeks work in a year (no chance by the way), if i cant afford any cutters it would be pointless for me to turn up at work because i would be told to pi55 off because i cant do the job due to lack of cutters.

There is nothing left to cut back on and wages are still going down.

crash123

Cleaver wrote: »

I just know that you told me last week that your joiner friend earns £7 an hour and now you're presenting a fully qualified plumber who doesn't earn enough to pay bills and mortgage, which would generally be around £1,000 a month. These are not normal, skilled, tradesman wages. Everyone knows this.

You know what, you're going to say I'm lying but I don't care. My joiner mate doesn't have a single day off until Sunday 26th November. Contract work through the week and then jobs every Saturday and Sunday. But as we discussed before, maybe he's a different type of joiner with better contacts.

As I said before the joiner I know has a weeks work left. This joiner has been self-employed for the last 25 years and the stuff he does is top notch. We live in Yorkshires golden triangle where houses are 10x the average wage for the area. Maybe this is why our tradesman are suffering. Where are you?

Cleaver

crash123 wrote: »

As I said before the joiner I know has a weeks work left. This joiner has been self-employed for the last 25 years and the stuff he does is top notch. We live in Yorkshires golden triangle where houses are 10x the average wage for the area. Maybe this is why our tradesman are suffering. Where are you?

Manchester.

Cleaver

Jimmy_31 wrote: »

This is the point, we have got to take every single little thing into account when working out a budget for living based on hopefully getting 48 weeks work in a year (no chance by the way), if i cant afford any cutters it would be pointless for me to turn up at work because i would be told to pi55 off because i cant do the job due to lack of cutters.

There is nothing left to cut back on and wages are still going down.

Oh, it doesn't matter. What I'm saying is that you generally keep business accounts separate from personal accounts. But I know what you mean.

What I was trying to say is that the average monthly mortgage and bills would maybe be around £1,200 a month, or something like that. And I was just saying that I would imagine most decent plumbers could afford that.

crash123

Cleaver wrote: »

Manchester.

Must be all that footballer money

Cleaver

crash123 wrote: »

Must be all that footballer money

I'm not talking about tradesmen driving around in Porsches or anything. I was just pointing out that I have two friends, one of who is a joiner and one who is a plumber. They are both very good at what they do, they never seem to be out of work and they both seem to a decent wage that appears to have enabled them to support their families. The joiner lives in a small terrace house in a nice area Manchester, the other in a 3-bed semi in a very normal average area of Manchester.

I was simply pointing out that whilst neither are living like Bill Gates, they both charge a lot over minimum wage and have been constantly busy for all the years I've known them.