I'm buying this year but waiting until the the furlough scheme becomes more aggressive and stops altogether (August onwards)you'd think so though the market is holding up quite well at the minute. That surely can't sustain with the shit storm that is going to hit us in the next year can it?
I'm buying this year but waiting until the the furlough scheme becomes more aggressive and stops altogether (August onwards)
As horrible it is to say it its likely you'll see more repossessions due to redundancy so could see a drop in the market, plus the inevitable recession
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I’m looking to buy at the moment. Only got 10% deposit which is shit as lenders are withdrawing in favour of 15% minimum apparently. All convinced there’ll be a price crash. Luckily I can afford to wait it out. Think I’ll keep saving for a few more months and see how Corona and Brexit shake out first.
Market is crazy right now though, I get alerts and book viewings ASAP, first place I looked had three bidders and went over asking straight away, booked three viewings last weekend and two were cancelled before I got there as the place had been sold. I think there’s pent up demand coming through at the moment.
TBF spoke to my property investor boss about this and he said not to worry about the market when buying to live in as it’s not an investment and you’ll always be buying and selling in the same market in the future.
I’ll potentially be in a position to buy next year, but I’m waiting out Covid-19 and Brexit - which allows me to accumulate more capital anyway.
If you’re a first-time buyer, the government’s proposed housing policy is apparently to include a 30% discount for first time buyers on the new builds Boris is going to build. Which will be significant for someone like myself.
I’ll potentially be in a position to buy next year, but I’m waiting out Covid-19 and Brexit - which allows me to accumulate more capital anyway.
If you’re a first-time buyer, the government’s proposed housing policy is apparently to include a 30% discount for first time buyers on the new builds Boris is going to build. Which will be significant for someone like myself.
I’ll potentially be in a position to buy next year, but I’m waiting out Covid-19 and Brexit - which allows me to accumulate more capital anyway.
If you’re a first-time buyer, the government’s proposed housing policy is apparently to include a 30% discount for first time buyers on the new builds Boris is going to build. Which will be significant for someone like myself.
Surprising really.I’m looking to buy at the moment. Only got 10% deposit which is shit as lenders are withdrawing in favour of 15% minimum apparently. All convinced there’ll be a price crash. Luckily I can afford to wait it out. Think I’ll keep saving for a few more months and see how Corona and Brexit shake out first.
Market is crazy right now though, I get alerts and book viewings ASAP, first place I looked had three bidders and went over asking straight away, booked three viewings last weekend and two were cancelled before I got there as the place had been sold. I think there’s pent up demand coming through at the moment.
TBF spoke to my property investor boss about this and he said not to worry about the market when buying to live in as it’s not an investment and you’ll always be buying and selling in the same market in the future.
Surprising really.
Would like to see who is buying.
Investment or dweller's.
Good point .I was joking to the missus that it’s people sick of the sight of their existing house after three months locked up in it. I think there is a point about people thinking about more space either just for the space or for WFH though.
Surprising really.
Would like to see who is buying.
Investment or dweller's.
I'd imagine investors.
There are plenty of people with pots of cash ready to add to their portfolios. It isn't helping the likes of Shmmeee and first time buyers get the property they need.
We need a real rethink.
When my mate sold his house in Stoke a few years ago, the viewers were nearly all BTL investors. That might have changed with some of the reforms to Stamp Duty rules. That said, with these people with big portfolios of property it won't make much difference.Surprising really.
Would like to see who is buying.
Investment or dweller's.
I haven't got much in the account yet but I keep checking my Money Box S&S ISA every hour!
Up today by about 0.5%, was down by a couple of percent the last few days though
Glad it's not just me that finds it mildly addictive!same here mate, it’s quite addictive. My plan is 5 years before I cash out though and whack it off the mortgage
I’m on the adventurous scheme with Moneybox
How do you see things with Apple .Moved a few quid about over last few weeks. Got out of Kier at 78p, it hurt, but i'm willing to take the hit! Out of Greggs too. Loaded up a few Apple at 370 and got some lovely news regarding a smashed earnings and 4-1 split. Apple, Microsoft and Canopy Growth. Not touching anything with much element of risk at the moment. Going to add some more Apple if it dips, but sitting on my hands for a few months now. Hope everyone is doing well. Good luck
How do you see things with Apple .
They may pick up sales due to anti Chinese sentiment,but lose that market.
I get they may shift production and have security in chip supply but don't think they'll see an upsurge of takers for £1000 handsets over people switching to £200-300 rivals.
If Chinese models ultimately end up unpopular or banned don't they just shift to Indian or cheap South American manufacturer
See Microsoft linked to tiktok today .
This looks like state sponsored mafia style extortion to me
I realise that I may be in a minority on that.
Cheers.Granted the future may not be with the handsets, roughly 45% of current revenue...but services such as the Apple Watch, Apple Pay, Apple Tv and a rumoured Ar Headset, you can clearly see an effort to change focus i think. Yes very rare for Microsoft to move so much in one day, was a big sell off after earning mindHope you're well mate
I on the other hand bought 2k worth of Greggs on Friday. It has dipped massively and continues to drop, but I reckon in a few years' time it will be pretty good.Moved a few quid about over last few weeks. Got out of Kier at 78p, it hurt, but i'm willing to take the hit! Out of Greggs too. Loaded up a few Apple at 370 and got some lovely news regarding a smashed earnings and 4-1 split. Apple, Microsoft and Canopy Growth. Not touching anything with much element of risk at the moment. Going to add some more Apple if it dips, but sitting on my hands for a few months now. Hope everyone is doing well. Good luck
That's a lot of sausage rolls.I on the other hand bought 2k worth of Greggs on Friday.
I had a rethink....Not too much room for growth anywhere....most high streets already heavily populated with them and there isn't much demand outside of the UK. Good luck though mateI on the other hand bought 2k worth of Greggs on Friday. It has dipped massively and continues to drop, but I reckon in a few years' time it will be pretty good.
Probably a nice little earner already 5% higher than last FridayI on the other hand bought 2k worth of Greggs on Friday. It has dipped massively and continues to drop, but I reckon in a few years' time it will be pretty good.
Hopefully. To get back to where it was before the pandemic and more (which is a big ask for any company) would be the ambition, but since i has dropped so low I did think it was worth it!Probably a nice little earner already 5% higher than last Friday
16% in a week now - Got any more tipsHopefully. To get back to where it was before the pandemic and more (which is a big ask for any company) would be the ambition, but since i has dropped so low I did think it was worth it!
Funnily enough my first post on this thread was about Pearson - they were and are quite a volatile company with a lot of uncertainties about their fundamentals. However, since May 11, they've shot up on two occasions. I didn't go ahead on that one unfortunately, and though I wouldn't use the word regret (I didn't want to invest at the time), in hindsight it would have been a good decision. But as a long term investment there's a lot of uncertainty about how well they'll do, which is probably true of many companies!16% in a week now - Got any more tips
I think Kier was one to hold onto as I think like a lot of construction companies, they will be ripe for a takeover down the lineMoved a few quid about over last few weeks. Got out of Kier at 78p, it hurt, but i'm willing to take the hit! Out of Greggs too. Loaded up a few Apple at 370 and got some lovely news regarding a smashed earnings and 4-1 split. Apple, Microsoft and Canopy Growth. Not touching anything with much element of risk at the moment. Going to add some more Apple if it dips, but sitting on my hands for a few months now. Hope everyone is doing well. Good luck
Yeah I was the same, they are carrying a bit too much debt for me and their margins aren't huge...decent order book though, time will tell.I think Kier was one to hold onto as I think like a lot of construction companies, they will be ripe for a takeover down the line
Some massive bargains about, I've gone from a fairly balanced portfolio, too, well I'm not sure how to put it...
Since the crash, I've picked up RDSB at roughly £13.50 average. BT at roughly £1.15. Now for the mistakes, LLOY at 32p, stupid decision really, I still little value in it, CCL (from a tip on here), got something like £1500 at £23ish (sitting at about £8 now).
Keeping a close eye on Centrica, Taylor Wimpey, Deutsche Post, ITV, De La Rue, Diageo, Iberdrola, Ford, Renault.
I'll continue to pick up Shell and BT as and when possible.
Only debt I have is my mortgage.
Out of interest, what was the rationale for Centrica and Iberdrola? I have always been under the impression that the energy sector is volatile at the best of times, with suppliers of all sizes going bust a lot of the time. I don't doubt they could be decent picks!Quite possibly the most boring picks ever, They've literally done nothing for the past 3 months.
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