Raj Posted 10 April 2008 Posted 10 April 2008 Nothing would make me happier than to see a total collapse in the house market as it would really benefit us...which means it probably won't.Our fixed rate deal runs out in the summer - I need to find extra cash from that point on: I offer tit wanks, oral to completion and bum fun for reasonable rates, plus I can clean your windows and lay drives. 0780 DISCOBOB I'll have a tit wank and a new drive please.
Nationwider Posted 10 April 2008 Posted 10 April 2008 I've had his business card for a while now, and I must admit I'm tempted by the full package.
Asha Posted 10 April 2008 Posted 10 April 2008 Nothing would make me happier than to see a total collapse in the house market as it would really benefit us...which means it probably won't.Our fixed rate deal runs out in the summer - I need to find extra cash from that point on: I offer tit wanks, oral to completion and bum fun for reasonable rates, plus I can clean your windows and lay drives. 0780 DISCOBOB Elaborate...
Nationwider Posted 10 April 2008 Posted 10 April 2008 Elaborate... I'd settle for completion. Don't get him to elaborate as well. Good grief....
Asha Posted 10 April 2008 Posted 10 April 2008 I'd settle for completion. Don't get him to elaborate as well. Good grief.... There are different perceptions of completion. It could be when the glue stick's dried up or when the old warhorse collapses through lack of stamina. Without such elaboration, I can't properly form the image that's so necessary whilst under the covers at this time of night.
hebangsthedrums Posted 10 April 2008 Posted 10 April 2008 Yeah i read about this.BUT as my deal doesnt expire til DEc and i would have to pay early redemption penalty charge if i let early,Would hsbc hold this deal for me until DEc?? Plus surely they will charge a massive arrangement fee to make some money out of it??? I think they go ahed on MOnday so i will make an appointment. I wasn't talking about the nipper,clever clogs! No idea on the specifics to be honest mate. Think I heard on the radio that the arrangement fee was sliding scale - may be worth googling/calling them though
Dr The Singh Posted 11 April 2008 Posted 11 April 2008 Nothing would make me happier than to see a total collapse in the house market as it would really benefit us...which means it probably won't.Our fixed rate deal runs out in the summer - I need to find extra cash from that point on: I offer tit wanks, oral to completion and bum fun for reasonable rates, plus I can clean your windows and lay drives. 0780 DISCOBOB I rang the number, and it's a dead tone!!!!
Tabou Posted 11 April 2008 Posted 11 April 2008 I rang the number, and it's a dead tone!!!! Raj - FYI.... To benefit from this "Fantastic" deal that HSBC are offering, you have to meet a number of criteria... 1) You must be an EXISTING HSBC banking customer 2) You must have atleast 25% equity in your property 3) Arrangment fee's are massive, ome evn £5000! 4) They wont MATCH your current deal. They have 3/4 fixed rates of their own, and they will place you on the one that is nearest. Your far better off speaking to an Independent Advisor...
Ric Flair Posted 11 April 2008 Posted 11 April 2008 Interest rates will end the fiscal year at around 4.5% i should imagine. It will then take a good year-2years to restore consumer confidence. That is when Lenders will start to reasses the way in which they market their stock, and criteria changes will allow the mortgage market to get back to some form of normality. There are some positives to this "Crisis" however.... 1) It will make people who spend £1000's on the never never to realise the error of their ways and hence, credit lending will be restricted. Those who can't afford to repay commitments will not be offered the cards in the first place. 2) I have close links (both on a business and personal front) with Estate Agents. They are experiencing a MASSIVE drop in buyers. What this means, is that alot of the rogue traders, fly by night agents and general tossers who claim to be "property experts" will disappear. Those quality agents (the few that are still around) who can weather the storm will come out of the impending crisis with far more credability. Sort the wheat from the chaff and all that... Misguided conception of the day goes to TommyG. If you think that in two/three years time that you are going to grab yourself a bargain on the housing ladder, you are very much mistaken. The BIGGEST loosers in all of this are people who are planning/in the process of buying New Build Properties, as well as people who have bought "Luxury flats". Haha, brilliant. I bought a new build flat about 3 years ago, I really wish I hadn't. It's nice and all that, but if I got what I paid for it i'd snap their fookin hands off. On the plus side though, I re-mortgaged last September and was brave and went for a tracker mortgage, even though there was no news of a drop in rates. Luckily there has been a drop and my mortgage rate has come down by 0.5% already with hopefully, further drop in rates on the way.
Raj Posted 12 April 2008 Posted 12 April 2008 Raj - FYI....To benefit from this "Fantastic" deal that HSBC are offering, you have to meet a number of criteria... 1) You must be an EXISTING HSBC banking customer 2) You must have atleast 25% equity in your property 3) Arrangment fee's are massive, ome evn £5000! 4) They wont MATCH your current deal. They have 3/4 fixed rates of their own, and they will place you on the one that is nearest. Your far better off speaking to an Independent Advisor... Cheers for that pal! I'll look up a decent financial advisor and ask his opinions!!!
Swabianfox Posted 12 April 2008 Posted 12 April 2008 As a Financial Advisor, I wouldn't be at all concerned about buying a house at the moment. The problem is that certain media sources claim that "House prices fell by 2.6% in March". That is complete bolloxs. The RATE of GROWTH fell by 2.6% last month. But the forecasted growth for 2008 is 6. something %. Therefore, houses WILL still grow in value this year. [...] I have to disagree on this one, or maybe it's just a misunderstanding. Average house prices did fall by 2.6% in March, compared to February. What you probably meant is that YOY (year on year) growth rates are still positive. Normally I wouldn't be too concerned about this misunderstanding but the fact the you are a Financial Advisor has made me feel compelled to try to clarify this because it is important to distinguish between monthly and anuual growth rates! I also would not be as brave as you and predict 6% growth for this year. For prices to grow 6% from say 12/2007 to 12/2008, average house prices would have to rise from £197,163 *1.06 to £208993. This may happen but I wouldn't bet a house on it. From the BBC website: AVERAGE UK HOUSE PRICES October 2007: £197,000 November 2007: £194,500 December 2007: £197,163 January 2008: £197,243 February 2008: £196,465 March 2008: £191,556
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