RobM
55 years as a supporter!⭐
Thank you. Common sense reigns at last!
Perhaps if, a few years ago, everyone had not been going on about free banking and no bank charges etc, the Banks may not have had to rely on risky investments to make a profit.
just a thought
to be fair the banks were posting massive profits and then pure greed took hold.
when bush and blair thought it would be decent to pile into the sub prime market thus allowing virtuall every world bank to plunge billions into this reckless scheme it had to end in tears.
This started before Bush/Blair - blame it on Clinton.
http://www.reclinercommentaries.com/2008/10/bill-clinton-and-fannie-mae.html
Housebuilders are bending over backwards to sell properties. I have just secured a plot with £55k off the asking price, stamp duty (3%), carpets, sale of our current house with all the associated costs and they will even send a removal company around on the day we complete to pack up our house!
if i were you mate, speak to your lawyer/builder and try and retain 10% for future snagging work.
trust me there will be many snags which builders once paid are very relunctant to put right.
Also, if you ask them to leave six bags of hardened cement in you back garden I'm sure they will be happy to oblige.
Chafford Hundred is built on a landfill site. Unlike my good ol' Victorian built house them places ain't gonna last 130+ years!
You've keyed into the fact that the trick is to keep moving!This will be our third new build and we have never had any problems...fingers crossed!
my advice,
wait a year and then find a gaff at the auction,REMEMBER TO HAVE A SURVEY DONE 1ST AND NEVER BUY BLIND.
As an experienced broker I would say this is pretty poor advice.
Auctions by there nature can be very complex. They need completion is 28 days and therefore the people that are buying at auction are often cash buyers or bridge the finance.
Auctions can be good to get a bargain but if you dont know what you are doing they could prove to be like buying a pig in a poke.
In the current declining markets bargains can be had via estate agents or by haggling with builders laiden with stock they cant shift.Auctions are more for developers due to the risks involved.
I thought and i may be wrong that chafford hundred is built in the old chalk dig outs that i used to play in as a kid and not built on landfill,but i may be wrong even though i know im not but i may be.Chafford Hundred is built on a landfill site. Unlike my good ol' Victorian built house them places ain't gonna last 130+ years!
You've keyed into the fact that the trick is to keep moving!
in an ideal world i would agree,yet bankers have preyed upon people by throwing cash at them.