Hi (gordon0610), welcome to your profile page
Your last login was on: 2012-05-18 08:48:14
Your last login was on: 2012-05-18 08:48:14
gordon0610
Posted Date: Thursday 22nd March 2012
"I don’t think anyone has quite clicked that many of the properties at this price level are bought by a company through personal choice rather than a way to avoid Stamp Duty taxation" I think everyone knows that the "personal choice" being exercised is specifically "to avoid Stamp Duty taxation" by buying through a company. Don't worry boys, the market wll recover, and quickly. The Stamp Duty loopholes were only a bonus. It's still the London property and location that these buyers want. They'll just have to get used to paying a higher overall cost for the privilege of enjoying a capital city that is where it is today through the wealth created by the under-remunerated, ordinary British working man over many centuries - or, more likely, the sellers will have to get used to annual increases in the value of their properties nearer to what the rest of us poor British taxpayers out in the sticks experience. Welcome to a slight hint of the real world
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"I don’t think anyone has quite clicked that many of the properties at this price level are bought by a company through personal choice rather than a way to avoid Stamp Duty taxation" I think everyone knows that the "personal choice" being exercised is specifically "to avoid Stamp Duty taxation" by buying through a company. Don't worry boys, the market wll recover, and quickly. The Stamp Duty loopholes were only a bonus. It's still the London property and location that these buyers want. They'll just have to get used to paying a higher overall cost for the privilege of enjoying a capital city that is where it is today through the wealth created by the under-remunerated, ordinary British working man over many centuries - or, more likely, the sellers will have to get used to annual increases in the value of their properties nearer to what the rest of us poor British taxpayers out in the sticks experience. Welcome to a slight hint of the real world
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Posted Date: Friday 4th May 2012
Copy and paste this link into your browser- - http://www.bankofengland.co.uk/statistics/Documents/li/2012/mar/Lending%20to%20individuals.pdf Am I just "statistics blind", or am I right in thinking that the numbers of mortgage approved for house purchasers in year to March 2012 was probably slightly UP on the figures for the preceding twelve months, which would mean that if any period was "the lowest since 1974" it would be the preceding year? I think you are citing relative figures (rate of growth) as the basis for a comparison of absolute performance. I am not surprised that the "rate of growth" of lending has slumped, and that is good news, not bad - but it seems clear that the numbers of mortgages approved are relatively stable and on a sensible upward slope after a seasonal adjustment. Why do you have to put such a negative spin on everything - what's in it for you? It certainly doesn't enhance your reputation as a respected commentator on the housing markets
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Copy and paste this link into your browser- - http://www.bankofengland.co.uk/statistics/Documents/li/2012/mar/Lending%20to%20individuals.pdf Am I just "statistics blind", or am I right in thinking that the numbers of mortgage approved for house purchasers in year to March 2012 was probably slightly UP on the figures for the preceding twelve months, which would mean that if any period was "the lowest since 1974" it would be the preceding year? I think you are citing relative figures (rate of growth) as the basis for a comparison of absolute performance. I am not surprised that the "rate of growth" of lending has slumped, and that is good news, not bad - but it seems clear that the numbers of mortgages approved are relatively stable and on a sensible upward slope after a seasonal adjustment. Why do you have to put such a negative spin on everything - what's in it for you? It certainly doesn't enhance your reputation as a respected commentator on the housing markets
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Posted Date: Friday 4th May 2012
Anonymous Coward - could you tell me what "normal" is these days?
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Anonymous Coward - could you tell me what "normal" is these days?
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Posted Date: Friday 11th May 2012
"But the proportion is down from 37% in February". So why lead with the negative slant?
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"But the proportion is down from 37% in February". So why lead with the negative slant?
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Posted Date: Friday 18th May 2012
You are doing it again! Why? You headline with bad news, almost completelty contradictorily to the full import of the piece. You headline "just five sales so far", then in the very next breath admit "400 sales are in the pipeline" Stop talking things down for heaven's sake! You should realise that when you've talked the market out of existence you'll have talked yourself out of any purpose for being in busines yourselves.
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You are doing it again! Why? You headline with bad news, almost completelty contradictorily to the full import of the piece. You headline "just five sales so far", then in the very next breath admit "400 sales are in the pipeline" Stop talking things down for heaven's sake! You should realise that when you've talked the market out of existence you'll have talked yourself out of any purpose for being in busines yourselves.
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- Chris Baguley Blog........
- Asking prices static as spring market loses momentum........
- Bargain hunters snap up cheap properties at auction........
- Property fraudster is jailed after fleecing his own mother........
- Rightmove defends the way it calculates market share........
- Agent hits out at Digital answering service........
- Valuations firm explains its calls to agents........
- Ombudsman passed membership database to Yellow Pages........
- Agent scolded for suggesting money better in property than a bank........
- Call for Government to introduce lending targets as euro crisis worsens........
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And I'd venture to suggest that the increase in Conveyancing Costs are reflected purely in the balance sheets of Agents and Introducers
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