Persimmon Share Discussion Threads

[sikhthetech] 11/3/2024 14:57

Fy results tomorrow.

[kreature] 11/3/2024 10:41

Well done for spotting I can’t guarantee the future. However I can see the present and what MPs are calling fleecehold scamming on new-build housing estates

[beckers2008] 11/3/2024 09:06

""Kreature - 10 Nov 2023 - 08:25:58 - 4893 of 4916
Well I'm shorting the lot PSN, BWY, RDW""

You called it wrong and I've caught you out, lol, just lol!

[kreature] 11/3/2024 00:54

I called it right over the medium term tbf, give it a while. Housing market is in trouble imo, and new builds are probably worthless anyway due to what MPs are calling ‘fleecehold217; title deeds

[beckers2008] 10/3/2024 23:27

K,

It doesn't matter a jot, you called it wrong, lol!
Just like the village idiot Sikhthetech who's been wrong, now it it's sixth year, lol, just lol!

[beckers2008] 08/3/2024 12:21

""Kreature - 10 Nov 2023 - 08:25:58 - 4893 of 4916
Well I'm shorting the lot PSN, BWY, RDW""

Oh dear, 'Lol, just lol!

[kreature] 08/3/2024 07:43

TrusPilot Reviews Feb 2024 :

‘ Very pleased with our new home
Very pleased with our new home. The site team have also been extremely helpful with ironing out all the final details, particularly Geoff. Thank you’



and for balance:


Muneeb
1 review
GB
Rated 1 out of 5 stars
20 Feb 2024
Exposing the House of Horrors: A Warning Against Dealing with Deceptive Builders

Buying a house from them was an egregious blunder, one that I regret with every fiber of my being. Dealing with them is akin to dancing with deceitful demons disguised as reputable sellers. The depths of their deception are unfathomable, their modus operandi steeped in deception and trickery.

Let me elucidate the appalling quality of materials they dared to use in constructing this house. It's as if they scavenged remnants from a junkyard, piecing together a facade of habitability while concealing a cesspool of deficiencies. Every corner of this abode reeks of shoddy craftsmanship, with structural integrity hanging by a thread and durability an elusive dream.

Countless problems plague this so-called dwelling, each more infuriating than the last. From malfunctioning fixtures to crumbling foundations, the list of grievances is endless. It's a testament to their sheer incompetence and disregard for integrity that such a monument to mediocrity stands before me.

Consider this a solemn warning to any unsuspecting soul contemplating business with these charlatans. You're not just purchasing a house; you're inviting a nightmare into your life. Heed my words and steer clear of their treacherous dealings, lest you too become ensnared in their web of deceit and despair.

[sikhthetech] 06/3/2024 14:40

yes, the Chancellor hasn't exactly announced anything major to help the housing market.


Clearly the govn don't see announcing major plans would have been a good way to win votes.

Not good for housing market.

[kreature] 06/3/2024 14:39

Prob best to keep that quiet actually

[kreature] 06/3/2024 13:56

So no stamp duty holiday.

[beckers2008] 06/3/2024 12:59

""Kreature - 10 Nov 2023 - 08:25:58 - 4893 of 4916
Well I'm shorting the lot PSN, BWY, RDW""

Did you or didn't you Short PSN, BWY, RDW?

PSN was £11.49 on 10th November, lol!
Only an idiot would have shorted at that price and when it was clear that interest rates were never going to 6%.

Remember my statement...

BoE base rate at 6%?
Absolutely no chance

[kreature] 06/3/2024 06:55

How about they ban all interest only mortgage products? Perhaps that would bring house prices down to improve affordability for repayment mortgages?

[sikhthetech] 03/3/2024 19:35

Budget this Wed.
Let's see if the Chancellor announces anything to help the HBs.

[kreature] 02/3/2024 04:24

Any news on this?

‘ 'My home's freehold isn't worth the paper it's written on' ‘

[kreature] 01/3/2024 19:33

Is there any difference? Blue/red ?

[beckers2008] 29/2/2024 11:45

K,

It is on topic, if Labour win a majority, which they won't, PSN along with all HB's will suffer.

How's your Short from the 10th November going, lol,just lol!

BoE base rate 6%?
Absolutely no chance!

[kreature] 29/2/2024 11:34

Please try to stay on topic. Thank you.

[beckers2008] 29/2/2024 10:28

Not only is the Labour Party failing to stop the prevalent 'Antisemitic' behaviour, evidently by the sacking of two proven 'Antisemitic' Labour MP's, Dire Keir is now dealing with a hypocrite...

Labour leader Sir Keir Starmer has publicly backed his deputy Angela Rayner, who is facing scrutiny over the sale of her former council house and the tax implications.

Ms Rayner, who bought the property under Margaret Thatcher’s right to buy scheme, sold it in 2015 and has been accused of not paying the appropriate capital gains tax.

She has also been challenged over the accuracy of her official documents, which showed two different addresses for her living arrangements.

[kreature] 29/2/2024 03:33

Desperate ?



Personally I would just cut house prices by 99% , if they weren’t still overvalued after a 99% discount…..

[beckers2008] 28/2/2024 13:03

""Kreature - 10 Nov 2023 - 08:25:58 - 4893 of 4916
Well I'm shorting the lot PSN, BWY, RDW""

Oh dear, 'Lol, just lol!

[ymaheru] 26/2/2024 21:48

@Porsche1945, you told us to quit UK market a year ago, and sadly I didn’t. US has definitely done better.

I’ll reassess in Summer when I have time, but might well be moving a lot of my UK pension to US shares.

[kreature] 26/2/2024 21:31

I reckon buyers of most new builds are like lambs to the slaughter, with less rights than leaseholders over escalating management fees

If anyone genuinely gave a hoot, they would maybe standardise the TP1 deeds to exclude all holds over the freeholder

[sikhthetech] 26/2/2024 20:46

The CMA report clearly shows that Estate Management fees are questionable. HBs have gone from onerous ground rents, which were investigated and HBs forced to correct, costing millions, to onerous Estate Management fees.

Not good.

[kreature] 26/2/2024 17:27

Might not apply to Persimmon, but as I understand in general, you’re typically jointly liable with the other estate residents for the public grass areas and roads that anyone from anywhere can use. So say there’s a drain cover missing that a horse falls into and the rider is injured and the insurance isn’t good enough…. Guess who is liable.

That’s why in my opinion, new estate houses in general with escalating estate charges and public liabilities, have highly questioable values over the long term, unless you have nothing to lose perhaps, or if you just need a place to get out of the snow as a last resort maybe ?