The baliff's turned up today, and repossesed our neighbours house. All their furniture was on the street. She was in tears and the kids were crying.

Apparently, they bought their house 2 years ago for around £800,000 and it's now worth only around £500k. They're mortgaged up to the hilt and can't afford the payments anymore.

It's all really quite sad.

Any chance you could post some evidence?
Perhaps a link to houseprices.co.uk showing the purchase price?

I personally believe that we are going to see many more cases like this in the coming years, but I'd like a little more evidence before I begin to believe these stories.

Why not ask him to post his own address while he's there?

btp

It is desperately sad, especially when people have children. This housing bubble has had victims on all sides. Perhaps the lucky ones were those who decided that they could not afford to buy. Sadly, many people have been deluded into thinking that £300,000 houses are really worth paying £1m for.

I was reflecting earlier this week on how (for the most part) our perception has changed, for example the leap from a 300K mortgage to 450K on the basis of self cert etc. is regarded as small change to so many and yet it`s a huge extra commitment.

awooga.....

What does AWOOGA mean?

it means that the original post smells iffy.....dodgy.
a leg pull.

Would someone leg pull about families being put on the street?

cant you see this is a classic 'whats a girl to do' post ?

designed for us to reveal our nastiness by rejoicing in this revultion, thus looking like a bunch of financial online bandits. see how they gloat. see how horrible they are....


think about it. 800k house dropped to 500k....mmm...

furniture in 'street'.....mmm....
young family with...'tears'....thinks..?

..m...m..must post provocative answer....must laugh...must say serves them right..urgghh....

If someone came on here and said their house value had gone UP a lot in the last two years all the bears would be screaming 'prove it!'

But few seem to question a FALL of over 35% in two years...

It MUST be true because it's what bears want to hear... Prices have fallen 35%.

Besides, why would her furniture be on the street?

Were the bailiffs taking this too?

Corret me if I'm wrong but you can't turf families with kids into the street and lock up the house and drive off with the keys.

That would amount to negligence on the part of the bailiff. This would not happen if the family has nowhere to go.

Also very few homes get repossessed following a repossession order. Most owners come to a deal with the lender. perhaps they get a chance to sell the house. This is far better for the owner financially.

If it ended up with repossession then the owners would usually have left (to go to their alternative accommodation) a few days before the bailiffs turn up.

Yes your right
Theres nowhere in the UK thats gone down over 35% in the last 2 years. I think the bigger falls in the SE may be 11 or 12%, and if they could afford to buy a house for £800,000 they could afford storage. Its definately a wind up.

You and 'without a paddle' have made quite a convincing challenge.

note the members subtle november sign up too. this is whats know as a sleeper.
i think this has the hallmarks of a TTRTT job.

god help you lot if someone posted that new forum virus known as 'Wet Weasel' on here.
you would all be falling over yourselves posting your cc numbers and sort codes to the far east faster than i could shout awooga......

You'd have to be monumentally stupid- or monumentally unlucky- to end up on the streets having lived in a house worth (debatably) north of half a mil. I don't buy it either.

Here's another marcus thread (his first?)

http://www.housepricecrash.co.uk/forum/ind...ic=18336&hl=the

this is the same theory over the diana crash.
people who are that rich dont have car crashes like that.

I saw through this bull$hit post, Marcus has a very naive view of how the way lenders actually deal with 'customers', which is suprising for a property developer!

if he is a property developer - which he possibly really is.
how come someone so dim has made so much money and is probably living in a really nice house.

gah !!

i admit. c'mon. lets all admit it. we are all slightly jelous and mainly upset about our bad timing.
we missed out on the biggest gold ruch the uk has seen in 20 years.


jeysus.....!Q!!!

Looks a bit fishy to me.

A previous post by marcus.....

Also, marcus's email address is sales@********homes.com. ********homes being the name of an NHBC registered house builder with an active website .

Well done you guys for seeing through this straight away
I must try harder to get cynical

[HPC kids unmask phantom poster....]

- kevin keegan ??


[marcus'us's voice]
..and id have gotten away with it if it wernt fer you 'meddlin' HPC kids...bah..!!

I didn't want a house when I was 11, I was too busy playing with the doll house

This shouldn't be a personal thing, what's the annual HPI running at? 5%? Other sectors have out performed by magnitudes, and Land Registry data showed detached homes falling -7.5% in Q4 alone round here. Why worry about one day's newspaper headlines when the figures speak volumes? Don't get emotional, you tart

bad timing is the bane of my life......

Thanks Fred and Oldie I think this wraps the case up. Now wheres WALtson?

So if business is so wonderful and there's not a worry in the world why did he register on a site called HousePriceCrash.co.uk, hrm.

Edit, Barratt is seven letters, we need eight, this is just like countdown! What became of his development in Hemel Hempstead?

Pulling out to early or going on to late?

Big mistake...
Back then you should have invited TTRTR around to play (and he'd have taught you how to win at 'Monopoly')

Yeah by always being the banker.

my approach is like that of a clumsy child.
i have the manners of a goat, but alas the heart of a highland stag.

hence - no one ever gets to see the stag...its blood coursing......grinding...feel the shhtaggg!!

He would have kicked me out of my own room and then forced me to pay him all my pocket money each week just to live there!

if you couldnt pay he would then take your pay back by pimping you out at kings cross and liverpool street.
having to turn out for TTRTT, while he wears the top duds and has his volvo dashboard lined in dayglow pink fur. with a set of eldorad mag wheels.

ride the snake....

Yeah. Thanks for the morale boost, Marcus.

Dead I've told you this before as have other posters, you are wasted here, and I dont mean on the liquor. Start writing FFS!

do you really think people would like this crap.?
maybe i should write my memories of a humdrum existance.

The rents never seem to rise there, either.

A more instructive game would have been "Jenga".

Youre a natural born story teller... God help your children and grandchildren, they will be in awe.

clearly not the kind of person you would want to play christmas twister with.

he would be drunk on port by 4pm and be spinning for the blue pod, trying to force his crispy paisly gusset in the face of any of your available nieces for a 15 point bonus.

buckaroo is also a notable suggestion. or 'bank jaws' with the fast closing teeth.




god help them indeed. at this rate i will be a ghost grandparent. buying ghostly birthday presents. taking them out ghostly fishing and making a phantom cartie from ghostly soap boxes.

You could do a modern retake of the Likely Lads crossed with Love Thy Neighbour, but not in that way, your new neighbour would be some soft southern get that has taken a likening to your 'cheap' quaint northern town full of simple folk, cobbles, the crazy frog, fresh Hovis loaves and hundreds of BTL investors from Surrey.

I was never much good at Monopoly.I just went round in circles waiting for the prices to drop.

Stop shurking the idea. Think, plot and write as only you can. I am not just saying this for the sake of it and many others have comented on your verse. You have something and your wasted here as others will tell you. Anyway thats enough RFD felching for me tonight. Do what you have to do man.

thats not a bad idea. we could call it last of the summer mulled wine.
or what about a never the twain format. perhaps two sports wear shops side by side in carisle.

called never the taiwan.

Is there any chance you could repossess the bailiffs' apostrophe and relocate it to your neighbour?

Sports cars and sweat shops?

nope. were losing you. we need team players here. not mavericks.

Fred, I only come in here at night because I know you're here.....and I'm not gay!

You must be gay as you copied his Get Mash Get Smash Felching Avatar only this time in blood red.

it wasnt mine. it was smiths.

That's because I'm blushing!.....

If we stay up any longer ''Winners and Losers'' will be up to spank a few bums

Night all!

You keep your dorty hands and eyes of WAL.