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Sell up and downsize, pensioners told

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    #11
    Originally posted by rl4engc View Post
    It's who buys their property when the "sell up" though, seen it plenty of times around where I live e.g. a nice bungalow set in large gardens on a main road gets sold. Next thing it's being demolished and 4 detatched houses are being built on the plot. There's about 6' of space between them and tiny gardens front and rear with hardly and parking space.

    Easy money for the developers as say the bungalow sold for £250k, each detached shoe box might go for the same amount so roughly £0.5m profit.
    Large bungalow plots are like gold dust for that reason. Double your money every year if you can rinse and repeat. I know several builders that are super rich doing this, and converting old victorian houses into multi-occupancy flats for immigrants to rent out.

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      #12
      If we stopped their Winter Fuel Allowance we could free up a few more houses and save money.

      Win / win.
      What happens in General, stays in General.
      You know what they say about assumptions!

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        #13
        Graph that says it all...

        Comment


          #14
          Originally posted by rl4engc View Post
          It's who buys their property when the "sell up" though, seen it plenty of times around where I live e.g. a nice bungalow set in large gardens on a main road gets sold. Next thing it's being demolished and 4 detatched houses are being built on the plot. There's about 6' of space between them and tiny gardens front and rear with hardly and parking space.

          Easy money for the developers as say the bungalow sold for £250k, each detached shoe box might go for the same amount so roughly £0.5m profit.


          I thought they'd put the brakes on these so-called garden grabs.

          In my own case, I'm going to try and get a restrictive covenant prventing anyone from doing this to my property if I ever decide to sell it.

          Couldn't bear the thought of all my trees and shrubs and all the hard work I've put in over the years being bulldozed to make space for new houses.

          Comment


            #15
            Originally posted by Martin Scroatman View Post
            I thought they'd put the brakes on these so-called garden grabs.

            In my own case, I'm going to try and get a restrictive covenant prventing anyone from doing this to my property if I ever decide to sell it.

            Couldn't bear the thought of all my trees and shrubs and all the hard work I've put in over the years being bulldozed to make space for new houses.
            I found this online for you, please PM me with your address details so I can send it to you.

            What happens in General, stays in General.
            You know what they say about assumptions!

            Comment


              #16
              Originally posted by MarillionFan View Post
              I found this online for you, please PM me with your address details so I can send it to you.

              Twat

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                #17
                Originally posted by Martin Scroatman View Post
                Twat
                Okay.

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                  #18
                  Are all those "ghost towns" still empty in Ireland, when everyone left in the crash?

                  Lots and lots and lots of space for houses in Scotland... much as we talk about the UK having high population density it's rather easily forgotten just how much we're crammed into England.

                  Are there official figures on pop.density for the home nations separately?
                  Originally posted by MaryPoppins
                  I'd still not breastfeed a nazi
                  Originally posted by vetran
                  Urine is quite nourishing

                  Comment


                    #19
                    Originally posted by d000hg View Post
                    Are all those "ghost towns" still empty in Ireland, when everyone left in the crash?

                    Lots and lots and lots of space for houses in Scotland... much as we talk about the UK having high population density it's rather easily forgotten just how much we're crammed into England.

                    Are there official figures on pop.density for the home nations separately?
                    Immigrants don't want to live there, simples.

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                      #20
                      Glasgow's pretty multicultural.
                      Originally posted by MaryPoppins
                      I'd still not breastfeed a nazi
                      Originally posted by vetran
                      Urine is quite nourishing

                      Comment

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