Why have the builders gone top of the FTS 100 today on what news anybody have any ideas |
 Kreature, this will be back to its comfort zone soon, anywhere between £1.50 minimum upwards, I only own a row of 5 houses that I rent out & 15 commercial industrial units all paid for so not selling, but stamp duty is only going back to what it originally was prior to covid. I think far to many people are currently underestimating the housing market,its not the price of a home or stamp duty that is deterring some buyers its interest rates & as they fall more buyers return, don't underestimate just how huge the housing crisis is in this country its catastrophic & worsening by the day, the government may want 1.5million houses but is powerless to get anywhere near that without the house builders & all supply industries on there side. TBF I'm not sure how Long Starmer & Reeves will be here, very unpopular with Donald at Trumpton Towers, I think they have already overstayed there welcome, as for interest rates I think we are looking at at least a 1% cut this year now.
I would say IMEO that all the bad news is already in the SP(& then some!)any small piece of good news will propel the share price upwards. |
Sorry bugs, I was presuming you had many houses where the stamp duty would be higher since budget and higher again from April I think. Aiming to sell if this ever gets over 120. Budget and freehold ‘scamming̵7; is harming new builds imo
(‘ScammingR17; according to an ex MP anyway) |
Well its only changed by 2.5k from what it was before so hardly an issue & as its only a one off payment anyway but over the lifetime of your mortgage a quarter point cut in interest rates will save you a fortune & that will be the deciding factor when it comes to buying a house, not a one off payment. |
Been looking into buying a genuine freehold house but completely put off by the increased additional stamp duty. The only option is to make an offer minus the stamp duty. So won’t hell freeze over until both sellers and buyers adjust to the new impossible normal ? |
Morning schizoids, 120 would be acceptable for distribution purposes. Getting close to the point of no completion before the April 1st stamp duty scenario tho |
Marshalls sell to every sector from the DIY'er to huge commercial developments, housing is just one sector.£1.20 next week? |
I don't need to worry about trading I'm not planing to sell any, I have all the money I need this is for my grandkids & their children. I have only ever sold two shares for less than 100% profit In nearly 50 years of investing, I cant see the point of a few pennies profit but like I said you haven't got any! |
Yes, prob just a near term trade. My exit strategy isn’t death like yours |
I expect Tinky Winky is wondering what to do having made a few penneths on his fictitious purchase at 1.11 & now falling a fathom!!!! |
K,
Your imaginary short can neither look good or bad as it doesn't exist, lol!
Are you going to appeal, as evidently ADFVN recognise 'Beckers2008' as a true investor who has/had skin in the game, unlike you, lol!
Have ADVFN told you how long your appeal process is going to take, if you are going to appeal? Lol, just lol! |
Oh NO YOUR NOT!!!!!!, but I was(well 1.12 anyway) TBF though if you were then I certainly wouldn't even consider selling any time soon, but I can tell from your bitter posts that you are not in TW at the moment, no one talks a share down that they are invested in! |
I’m in here since 1.11 Jumborear but only for the dead cat.
Buy to let new-builds traditionally don’t leak, and they comply with upcoming EPC rental regulations of C or above. But no landlord in right mind would want a fake freehold with additional stamp duty. How they going to find a tenant gullible enough to pay estate management fees? |
UH, and yet the share price picks up! |
What is the point. There’s no more demand from buy to let buyers anymore. A 300k house would cost them 317k after the tax. Then you got to find a tenant stupid enough to pay the estate management fee as well as the council tax |
Why have you got to pay capital gains tax to give a property away for free ? Where’s the gain ? Surely it’s 100% loss ? |
Hmmm, might dump my shares here today…. cant see any good news out there. Just redundancies which surely won’t help solve the cost of being alive crisis? |
Companies hiring has decreased, businesses closing increasing. |
Baracuda,
Absolutely, proves the trolls are clueless.
Your post backs up what the bears/realistic posters, have been saying for months and months that interest rates will have to stay higher for longer, which has proven to be the case.
High wage inflation is a concern, hence why interest rates have been higher for longer and will remain so. |
This just proves that the trolls are clueless:- UK pay after inflation has risen at its fastest rate for more than three years, driven by strong wage growth in the private sector.Pay packets increased on average by 3.4% between September and November compared with the same period a year ago after taking into account the impact of price rises, according to the Office for National Statistics (ONS).Growth in private sector earnings were stronger than for public sector jobs. |
I'm back to my target holding on this and lloy, now looking forward to results season, mainly because it should be warmer outside :) |
Yeah, must be something wrong to relax mortgage lending rules ? |
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