Niall

[MarillionFan]

You are an ejit

ftfy

[cailin maith]

[MaryPoppins]

Hang on, is this _the_ Niall? He of the soul searching diaries and blogs we once chortled over here ?

Anyone keeping up with his adventures? Fruit farm sounds just the kind of caper he'd get into.

edit: DOH! I see PRC1964 also just made the link

Link? I like the sound of that.

[alreadypacked]

Oh dear AtW. Oh dear.

That is the lending criteria for BTL, normally that the rent covers 125% of the interest payment on the amount lent.

So when this was true they lent the money. Now the market has the properties and owners are in negative equity. The rent is still covering the criteria in most cases(if you can rent it).

Has my 4 year old daughter been teaching you the basics of economics again this morning?

The problem in Ireland was the rent did not cover the interest payments.

I was working in a building society in Dublin when the madness was going on. One of the girls on the UAT team was doing a 'Nial' BTL where the rental income did not cover interest. I asked her why she was paying £500.00 a month for someone to live in her apartment.

Her reason was the apartment was going to increase in value by £50K she was going to spend £6K and make £44K profit. She wouldn't listen to anything else.

[Pondlife]

I thought it was going to be a post about the CUK Niall and his mad ramblings.

Link? I like the sound of that.

See above.

[cailin maith]

AP - do you know of any Fruit Farms "just outside" Dublin? I sure as hell don't.

I think they made this ejit up.

[Churchill]

AP - do you know of any Fruit Farms "just outside" Dublin? I sure as hell don't.

I think they made this ejit up.

Where do Magners get there apples from?

[MaryPoppins]

See above.

Fab, thank you. Now this is the kind of blog I hate (yet secretly love, for cringe reasons).

[PRC1964]

Where do Magners get there apples from?

A total of 17 varieties of apple are grown in the Magners Orchards in Clonmel and are used to make the famous Magners brand. They are Michellin, Dabinett, Yarlington Mill, Bulmer's Norman, Tremlett's Bitter, Breakwell Seedling, Taylor's, Harry Master's Jersey, Medaille d'Or, Reine des Pommes, Ashton Bitter, Brambley's, Grenadier, Brown Thorn, Brown Snout, Vilberies and improved Dove.
The different varieties, all mature at different times of the season, i.e. early croppers, mid-seasons and lates. This allows the orchard managers to pace the harvest and produce sufficient supplies to make up a traditional blend like Magners.

Magners

[Churchill]

Fab, thank you. Now this is the kind of blog I hate (yet secretly love, for cringe reasons).

A mate of mine was one of Niall's (of Nedprod fame) lecturers at Hull University. Small world, eh?