Home | Forums | Gallery | Twitter
 
CPFC BBS  

Go Back   CPFC BBS Off Topic General Chit Chat

Notices

General Chit Chat Off topic conversations. Please do not post CPFC or sport related threads here

Reply
 
Thread Tools
  #41  
Old 02-04-2007, 12:49 PM
Dave's Avatar
Dave Dave is offline
Bombay Bad Boy
 
Join Date: Jan 1999
Location: Handsome Boy Modeling School
Age: 45
Posts: 90,012
Rep Power: 21474855
Dave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is here
Quote:
Originally posted by richdeniro
Still way out of my price range. Can only get a 105k mortgage.
To view the link you have to Register or Login
__________________
I quite like The Strokes as a comedy group and I very much like theStrokes when their music is mixed up in the bootleg sense with the music of pole dancing pop fiasco Christine Aguilera
Reply With Quote
  #42  
Old 02-04-2007, 12:49 PM
Lizzy's Avatar
Lizzy Lizzy is offline
hockey mummy
 
Join Date: Feb 2005
Location: from off of West London
Age: 41
Posts: 37,089
Rep Power: 206328
Lizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very dark
There may well be a levelling out of prices but not an 80's style crash. I very much doubt we will ever see one of them again. Whilst ever there is full employment (as there is now near as damn it) and people in the city getting whacking great bonuses it will trickle down to there being a very bouyant housing market.
__________________
Game Over.
Reply With Quote
  #43  
Old 02-04-2007, 12:52 PM
Jim Cannons Moustache's Avatar
Jim Cannons Moustache Jim Cannons Moustache is offline
dabbling
 
Join Date: Jan 2001
Location: Annexville
Posts: 17,752
Rep Power: 8575876
Jim Cannons Moustache came here looking for the peace and quiet; the healthy air and the healthy dietJim Cannons Moustache came here looking for the peace and quiet; the healthy air and the healthy dietJim Cannons Moustache came here looking for the peace and quiet; the healthy air and the healthy dietJim Cannons Moustache came here looking for the peace and quiet; the healthy air and the healthy dietJim Cannons Moustache came here looking for the peace and quiet; the healthy air and the healthy dietJim Cannons Moustache came here looking for the peace and quiet; the healthy air and the healthy dietJim Cannons Moustache came here looking for the peace and quiet; the healthy air and the healthy dietJim Cannons Moustache came here looking for the peace and quiet; the healthy air and the healthy dietJim Cannons Moustache came here looking for the peace and quiet; the healthy air and the healthy dietJim Cannons Moustache came here looking for the peace and quiet; the healthy air and the healthy dietJim Cannons Moustache came here looking for the peace and quiet; the healthy air and the healthy diet
Quote:
Originally posted by Lizzy
There may well be a levelling out of prices but not an 80's style crash. I very much doubt we will ever see one of them again. Whilst ever there is full employment (as there is now near as damn it) and people in the city getting whacking great bonuses it will trickle down to there being a very bouyant housing market.
hope so.

Like RickyB we complete next week! Wednesday to be precise....so expect the market to crash on Thursday
__________________
At times there were so many men on Zaha it looked like a Benny Hill sketch
Reply With Quote
  #44  
Old 02-04-2007, 12:53 PM
Lizzy's Avatar
Lizzy Lizzy is offline
hockey mummy
 
Join Date: Feb 2005
Location: from off of West London
Age: 41
Posts: 37,089
Rep Power: 206328
Lizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very dark
Banks are currently lending up to 5.5 x single income and 5 x joint income provided you have a decent deposit. Of course, the main issue one needs to consider is affordability of monthly repayments but there are properties out there at lower prices. You may have to comprimise on location and have to do some work to them but they are there. We all have to start somewhere. I started on the property ladder in a shithole flat in lewisham 7 years ago. I am afraid in my case beggars couldn't be choosers - I would have lived anywhere in anything just to get on the ladder. Then you can just move upwards in little steps. It's not utopia but it's really Ok provided you aren't unrealistic about where you want to live and in what sort of property you want to live. We all have to start small and shit and move up -it's how it works.
__________________
Game Over.
Reply With Quote
  #45  
Old 02-04-2007, 12:59 PM
DANGERMOUSE's Avatar
DANGERMOUSE DANGERMOUSE is offline
Greatest Mouse Detective
 
Join Date: Oct 2001
Location: In a post box in the heart of Mayfair, and at Lloyd's
Age: 41
Posts: 22,132
Rep Power: 16212636
DANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy diet
Quote:
Originally posted by richdeniro
Yup saving big time.
That's good news. (Hopefully my long lecturing post on that thread had a good effect!)

Unfortunately needing a big wedge of cash to move is the way of the world, but I'm not sure it's ever really been that different. And to be honest, it's not only necessary, but also prudent. To move into a place with a near 100% loan-to-value mortgage and absolutely no financial margin of error is foolhardy.
__________________
PENFOLD, SHUSH!
Reply With Quote
  #46  
Old 02-04-2007, 01:00 PM
Santos-er's Avatar
Santos-er Santos-er is offline
Slightly Unstable
 
Join Date: Mar 2001
Location: A spherical nickel-iron alloy in the middle of a nothingness of unknown quantity
Posts: 17,921
Rep Power: 21474853
Santos-er Sam the man is hereSantos-er Sam the man is hereSantos-er Sam the man is hereSantos-er Sam the man is hereSantos-er Sam the man is hereSantos-er Sam the man is hereSantos-er Sam the man is hereSantos-er Sam the man is hereSantos-er Sam the man is hereSantos-er Sam the man is hereSantos-er Sam the man is here
Quote:
Originally posted by Dave
To view the link you have to Register or Login
Mmmm looks lovely...
Reply With Quote
  #47  
Old 02-04-2007, 01:01 PM
DANGERMOUSE's Avatar
DANGERMOUSE DANGERMOUSE is offline
Greatest Mouse Detective
 
Join Date: Oct 2001
Location: In a post box in the heart of Mayfair, and at Lloyd's
Age: 41
Posts: 22,132
Rep Power: 16212636
DANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy dietDANGERMOUSE came here looking for the peace and quiet; the healthy air and the healthy diet
Quote:
Originally posted by Lizzy
Banks are currently lending up to 5.5 x single income and 5 x joint income provided you have a decent deposit.
I wish. Intending to move at the moment, and believing the media, I mentioned this to my I.F.A. and apparently virtually no one is lending at those multiples. Not at sensible interest rates, anyway.
__________________
PENFOLD, SHUSH!
Reply With Quote
  #48  
Old 02-04-2007, 01:03 PM
Lizzy's Avatar
Lizzy Lizzy is offline
hockey mummy
 
Join Date: Feb 2005
Location: from off of West London
Age: 41
Posts: 37,089
Rep Power: 206328
Lizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very dark
Well we just have borrowed from a lender that did at 5.4% (is that decent?)

You need to find a new IFA mate! Mind you we did have less than 50% of loan to value and I think that makes a difference.
__________________
Game Over.
Reply With Quote
  #49  
Old 02-04-2007, 01:05 PM
Dave's Avatar
Dave Dave is offline
Bombay Bad Boy
 
Join Date: Jan 1999
Location: Handsome Boy Modeling School
Age: 45
Posts: 90,012
Rep Power: 21474855
Dave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is here
Quote:
Well we just have borrowed from a lender that did at 5.4% (is that decent?)
That must be fixed not tracker?
__________________
I quite like The Strokes as a comedy group and I very much like theStrokes when their music is mixed up in the bootleg sense with the music of pole dancing pop fiasco Christine Aguilera
Reply With Quote
  #50  
Old 02-04-2007, 01:06 PM
Lizzy's Avatar
Lizzy Lizzy is offline
hockey mummy
 
Join Date: Feb 2005
Location: from off of West London
Age: 41
Posts: 37,089
Rep Power: 206328
Lizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very darkLizzy sings up the sun in a dawn so very dark
It is fixed yes - I prefer that so I know exactly what is going out each month.
__________________
Game Over.
Reply With Quote
  #51  
Old 02-04-2007, 01:06 PM
KennyB's Avatar
KennyB KennyB is offline
Cityboyinthesticks
 
Join Date: Oct 1999
Location: Petersfield, Hampshire
Posts: 1,966
Rep Power: 9962
KennyB is thinking of tomorrow. With the sunset in your eyesKennyB is thinking of tomorrow. With the sunset in your eyesKennyB is thinking of tomorrow. With the sunset in your eyesKennyB is thinking of tomorrow. With the sunset in your eyesKennyB is thinking of tomorrow. With the sunset in your eyesKennyB is thinking of tomorrow. With the sunset in your eyesKennyB is thinking of tomorrow. With the sunset in your eyesKennyB is thinking of tomorrow. With the sunset in your eyesKennyB is thinking of tomorrow. With the sunset in your eyesKennyB is thinking of tomorrow. With the sunset in your eyesKennyB is thinking of tomorrow. With the sunset in your eyes
Quote:
Originally posted by Lizzy

Mind you we did have less than 50% of loan to value and I think that makes a difference.
And that is the key. Which is why first time buyers are finding it so difficult.
Reply With Quote
  #52  
Old 02-04-2007, 01:06 PM
Elephant with mouse gyp's Avatar
Elephant with mouse gyp Elephant with mouse gyp is offline
Man and beast
 
Join Date: Mar 2001
Posts: 18,101
Rep Power: 21474853
Elephant with mouse gyp Sam the man is hereElephant with mouse gyp Sam the man is hereElephant with mouse gyp Sam the man is hereElephant with mouse gyp Sam the man is hereElephant with mouse gyp Sam the man is hereElephant with mouse gyp Sam the man is hereElephant with mouse gyp Sam the man is hereElephant with mouse gyp Sam the man is hereElephant with mouse gyp Sam the man is hereElephant with mouse gyp Sam the man is hereElephant with mouse gyp Sam the man is here
Dave's example is at 150,000, some 45,000 more than richdeniro has available. I'm no good at maths either, nor an estate agent, but I'd be surprised if you could get much more than a run down studio at the 100,000 mark anywhere in London.

DM is wrong that "it has always been like that." Thirty-forty years ago, the average wage would buy you a three-bed house in almost all areas of London.
Reply With Quote
  #53  
Old 02-04-2007, 01:07 PM
Dave's Avatar
Dave Dave is offline
Bombay Bad Boy
 
Join Date: Jan 1999
Location: Handsome Boy Modeling School
Age: 45
Posts: 90,012
Rep Power: 21474855
Dave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is here
Quote:
It is fixed yes - I prefer that so I know exactly what is going out each month.
Fair do's.

I'm too tight to do that
__________________
I quite like The Strokes as a comedy group and I very much like theStrokes when their music is mixed up in the bootleg sense with the music of pole dancing pop fiasco Christine Aguilera
Reply With Quote
  #54  
Old 02-04-2007, 01:09 PM
Dave's Avatar
Dave Dave is offline
Bombay Bad Boy
 
Join Date: Jan 1999
Location: Handsome Boy Modeling School
Age: 45
Posts: 90,012
Rep Power: 21474855
Dave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is here
Quote:
Originally posted by Elephant with mouse gyp
Dave's example is at 150,000, some 45,000 more than richdeniro has available. I'm no good at maths either, nor an estate agent, but I'd be surprised if you could get much more than a run down studio at the 100,000 mark anywhere in London.
Updated link

To view the link you have to Register or Login

Edit - it won't let me link to properties priced 90k-105k
__________________
I quite like The Strokes as a comedy group and I very much like theStrokes when their music is mixed up in the bootleg sense with the music of pole dancing pop fiasco Christine Aguilera
Reply With Quote
  #55  
Old 02-04-2007, 01:11 PM
eagle mart's Avatar
eagle mart eagle mart is offline
Registered User
 
Join Date: Feb 1999
Age: 41
Posts: 14,563
Rep Power: 21474855
eagle mart Sam the man is hereeagle mart Sam the man is hereeagle mart Sam the man is hereeagle mart Sam the man is hereeagle mart Sam the man is hereeagle mart Sam the man is hereeagle mart Sam the man is hereeagle mart Sam the man is hereeagle mart Sam the man is hereeagle mart Sam the man is hereeagle mart Sam the man is here
Your house is only worth what you sell it for!
__________________
PHATTUS 'Tuneus'
Reply With Quote
  #56  
Old 02-04-2007, 01:14 PM
adrenalin john's Avatar
adrenalin john adrenalin john is offline
Registered User
 
Join Date: Feb 2003
Location: out between inns
Age: 52
Posts: 28,389
Rep Power: 21474851
adrenalin john Sam the man is hereadrenalin john Sam the man is hereadrenalin john Sam the man is hereadrenalin john Sam the man is hereadrenalin john Sam the man is hereadrenalin john Sam the man is hereadrenalin john Sam the man is hereadrenalin john Sam the man is hereadrenalin john Sam the man is hereadrenalin john Sam the man is hereadrenalin john Sam the man is here
Quote:
Originally posted by Dave
To view the link you have to Register or Login
That is really depressing. 150k +++ for tiny ampartments in one of the cheapest ares of London.

That means if el nino wants to move out in to his own flat he will have to have a 35k deposit and earning near to 40k.
__________________
please see above
Reply With Quote
  #57  
Old 02-04-2007, 01:15 PM
Dave's Avatar
Dave Dave is offline
Bombay Bad Boy
 
Join Date: Jan 1999
Location: Handsome Boy Modeling School
Age: 45
Posts: 90,012
Rep Power: 21474855
Dave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is hereDave Sam the man is here
Quote:
That means if el nino wants to move out in to his own flat he will have to have a 35k deposit and earning near to 40k.
Stump up a decent deposit for him
__________________
I quite like The Strokes as a comedy group and I very much like theStrokes when their music is mixed up in the bootleg sense with the music of pole dancing pop fiasco Christine Aguilera
Reply With Quote
  #58  
Old 02-04-2007, 01:20 PM
Mal Adjusted Mal Adjusted is offline
Registered User
 
Join Date: Jul 2005
Location: I'm only putting something in this field in order to create more space in the line below for my 'rep'
Posts: 13,180
Rep Power: 458995
Mal Adjusted : if all you've got to do today is find peace of mind, come round, you can take a piece of mineMal Adjusted : if all you've got to do today is find peace of mind, come round, you can take a piece of mineMal Adjusted : if all you've got to do today is find peace of mind, come round, you can take a piece of mineMal Adjusted : if all you've got to do today is find peace of mind, come round, you can take a piece of mineMal Adjusted : if all you've got to do today is find peace of mind, come round, you can take a piece of mineMal Adjusted : if all you've got to do today is find peace of mind, come round, you can take a piece of mineMal Adjusted : if all you've got to do today is find peace of mind, come round, you can take a piece of mineMal Adjusted : if all you've got to do today is find peace of mind, come round, you can take a piece of mineMal Adjusted : if all you've got to do today is find peace of mind, come round, you can take a piece of mineMal Adjusted : if all you've got to do today is find peace of mind, come round, you can take a piece of mineMal Adjusted : if all you've got to do today is find peace of mind, come round, you can take a piece of mine
Quote:
Originally posted by DANGERMOUSE
I wish. Intending to move at the moment, and believing the media, I mentioned this to my I.F.A. and apparently virtually no one is lending at those multiples. Not at sensible interest rates, anyway.
Forget brokers. I don't mind the fact that they're interested mainly in their commission but I do mind the fact that many are useless.

To view the link you have to Register or Login

... set aside a few hours, and ring them. I think you'll be surprised at how helpful and flexible many of them are.

The Coventry, West Brom, Bucks and one with an obscure 'Railway' name which I can't now recall I've found to be especially helpful.

It took me about an hour to easily beat the best deal my broker could get. And within another 20 mins I'd beaten that again
Reply With Quote
  #59  
Old 02-04-2007, 01:21 PM
Halfwayline Halfwayline is offline
Senior Member
 
Join Date: Dec 2002
Location: Croydon
Posts: 3,246
Rep Power: 4223267
Halfwayline will cross the room to turn the lights down lowHalfwayline will cross the room to turn the lights down lowHalfwayline will cross the room to turn the lights down lowHalfwayline will cross the room to turn the lights down lowHalfwayline will cross the room to turn the lights down lowHalfwayline will cross the room to turn the lights down lowHalfwayline will cross the room to turn the lights down lowHalfwayline will cross the room to turn the lights down lowHalfwayline will cross the room to turn the lights down lowHalfwayline will cross the room to turn the lights down lowHalfwayline will cross the room to turn the lights down low
Quote:
Originally posted by KennyB
Lots of good points on here.

To me, the real market setter will be once the interest rise causes the buy-to-let's mortgages to cost more per month than the rent they can sensibly charge.

That's when the crash will begin.

But I do not know at what figure the rates have to reach to cause this. Probably a few more percent yet, I would think, does anybody have any figures?
I was in the process of buying a flat for 197k with a deposit of 40k. Rental would have been 900 a month but mortgage at 5.99% and other expences such as service charges, agency fees and insurance meant a yearly loss of 1,324. The interest rate is already too high to make a return. All you can expect is capital growth.
Reply With Quote
  #60  
Old 02-04-2007, 01:23 PM
hakers's Avatar
hakers hakers is offline
Registered User
 
Join Date: Jan 2004
Location: Tunbridge Wells
Age: 41
Posts: 6,568
Rep Power: 96050
hakers knocked on the bar and pointed to a bottle on the shelfhakers knocked on the bar and pointed to a bottle on the shelfhakers knocked on the bar and pointed to a bottle on the shelfhakers knocked on the bar and pointed to a bottle on the shelfhakers knocked on the bar and pointed to a bottle on the shelfhakers knocked on the bar and pointed to a bottle on the shelfhakers knocked on the bar and pointed to a bottle on the shelfhakers knocked on the bar and pointed to a bottle on the shelfhakers knocked on the bar and pointed to a bottle on the shelfhakers knocked on the bar and pointed to a bottle on the shelfhakers knocked on the bar and pointed to a bottle on the shelf
Quote:
Originally posted by DANGERMOUSE
I wish. Intending to move at the moment, and believing the media, I mentioned this to my I.F.A. and apparently virtually no one is lending at those multiples. Not at sensible interest rates, anyway.
Yes they are, 5.19% 2 year fix - up to 5.9 times income (dependant on affordabilty and credit score), no overhang and a 999 fee.
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 05:56 PM.


Powered by vBulletin®
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.