Chances of UKIP winning General Election?

balky12 · 28 May 2014 at 14:06

ci_newman said:
You can't be on a reasonable income and not be in a financial situation to move into your own / rented home. More likely is you spend too much money on disposable waste (your thread posting history suggests you spend a fair amount of money on PC upgrades for example).

I'm only 28, but I've owned (mortgaged) my own home since the house-price peaks in 2007. For the first few years, I had no disposable income at all.

You might not be ready to make the financial sacrifice that would be required to move out of your family home, but if you have a reasonable wage then you can afford it.

A reasonable salary is of course subjective.

Oh I could have rented a place since I first started working. Is there a point? Not really besides independance.

May I ask where you live?

You are correct, if I would have sacrificed my social life from 18-25 I would have a mortgage.

However, I live in an area where the average house price is ~£500,000. Average wage in UK is £26k?

10% deposit on a house ~£50k. Thats 2 years full wages. Work into that you fix costs (Travel, Keep, Food, etc.) it does take time.

Yes I can move furter out and increase travel costs, be further away from friends family.

I guess it's what you want out of life.

EDIT I see you live in Hook! Nice area, only ever been through though on way to Basingstoke.

thep02 · 28 May 2014 at 14:07

Imho the ukip vote will collapse once the voters realise ukip aren't all about race on the sly but have loads of other weird policies, surely their uninformed left but racist voters like spankingtexan will abandon them back to the BNP when they look at ukip's voting record and manifesto, if they print one.

ci_newman · 28 May 2014 at 14:17

balky12 said:
Oh I could have rented a place since I first started working. Is there a point? Not really besides independance.

May I ask where you live?

You are correct, if I would have sacrificed my social life from 18-25 I would have a mortgage.

However, I live in an area where the average house price is ~£500,000. Average wage in UK is £26k?

10% deposit on a house ~£60k. Thats 2 years full wages. Work into that you fix costs (Travel, Keep, Food, etc.) it does take time.

Yes I can move furter out and increase travel costs, be further away from friends family.

I guess it's what you want out of life.

EDIT I see you live in Hook! Nice area, only ever been through though on way to Basingstoke.

Don't get me wrong, I'm not condemning your decision to spend your money on socialising etc, you're right it is down to what you want out of life

I was just pointing out that it's an active decision on your part to live with your folks and spend your money on things you enjoy. I took the opposite path, my social life was non-existent but the end result now is that I own a nice home in a nice village and now have more disposable income as a result of lower mortgage LTV rates as I own more capital in the house.

I now enjoy a more "grown-up" social life, meeting with friends for dinner evenings or board-game nights rather than going out on the town.

matt100 · 28 May 2014 at 14:21

Just out of curiosity, did you buy pre or post crash? The issue isn't so much affording a mortgage now its more an issue of obtaining one!

For example, my rent is roughly equal to a £275k property, the chances however of me getting anywhere near the massive deposit I'd need to be considered for such a mortgage are basically nil. I don't really want to go back to the 100% or 100%+ mortgage days but then I reject the fact that its in any way sensible to have gone from my first property being £40k in hampshire in 1999 to the same thing being "worth" probably that £275k now.

We're all sleepwalking into something pretty bad and only an idiot (or as my main point, someone with vested interest in the status quo, ie a home owner with a £300k mortgage on a 2 bed flat) would argue otherwise.

balky12 · 28 May 2014 at 14:23

elmarko said:
Actually extreme poverty tends to increase population growth.

Of course you would know this had you done any research.

Oh yea I know this. It's hard to compare lazy benefit scroungers in the UK to unfortunate African's who work themselves to death. I wouldn't label anyone who was born in the UK as being in extreme poverty(even if they are homeless). But it is all subjective.

There isn't a quick fix answer, or even a single answer.

But letting people stay at home popping out children, and paying them so they don't commit crime is an answer we can't sustain for much longer.

robgmun · 28 May 2014 at 14:25

LibDem HQ today

http://www.dailymail.co.uk/news/art...cused-plotting-oust-leader-damaging-poll.html

balky12 · 28 May 2014 at 14:31

ci_newman said:
Don't get me wrong, I'm not condemning your decision to spend your money on socialising etc, you're right it is down to what you want out of life

I was just pointing out that it's an active decision on your part to live with your folks and spend your money on things you enjoy. I took the opposite path, my social life was non-existent but the end result now is that I own a nice home in a nice village and now have more disposable income as a result of lower mortgage LTV rates as I own more capital in the house.

I now enjoy a more "grown-up" social life, meeting with friends for dinner evenings or board-game nights rather than going out on the town.

Oh no, I didn't tkae it that way.

In last few years a too enjoy the grown-up life. Have a long term girlfriend like most my close friends and we have joined 'date' nights. A taste of life to come.

I still can't say no the the occasional festival

Just need to get house now...

I just have friends(ish) who live in parts up North and have similar argument, 'how can you not have a house yet?' - Would be easier if i was on £12k a year and a house was only £100k

antijoke · 28 May 2014 at 14:33

matt100 said:
Just out of curiosity, did you buy pre or post crash? The issue isn't so much affording a mortgage now its more an issue of obtaining one!

For example, my rent is roughly equal to a £275k property, the chances however of me getting anywhere near the massive deposit I'd need to be considered for such a mortgage are basically nil. I don't really want to go back to the 100% or 100%+ mortgage days but then I reject the fact that its in any way sensible to have gone from my first property being £40k in hampshire in 1999 to the same thing being "worth" probably that £275k now.

We're all sleepwalking into something pretty bad and only an idiot (or as my main point, someone with vested interest in the status quo, ie a home owner with a £300k mortgage on a 2 bed flat) would argue otherwise.

Totally agree with you, my rent is about the figures you quote as well, deposit is the problem.

matt100 · 28 May 2014 at 14:46

anticonscience said:
Totally agree with you, my rent is about the figures you quote as well, deposit is the problem.

And to be clear, I don't want a handout! In fact I don't want to be part of making the problem worse!

What I do know however is that spending 100% of a £22k salary just on rent for a 3 bed terrace is insane.

antijoke · 28 May 2014 at 14:51

matt100 said:
And to be clear, I don't want a handout! In fact I don't want to be part of making the problem worse!

What I do know however is that spending 100% of a £22k salary just on rent for a 3 bed terrace is insane.

Preach it, I don't want a handout either.

ci_newman · 28 May 2014 at 14:53

matt100 said:
Just out of curiosity, did you buy pre or post crash? The issue isn't so much affording a mortgage now its more an issue of obtaining one!

For example, my rent is roughly equal to a £275k property, the chances however of me getting anywhere near the massive deposit I'd need to be considered for such a mortgage are basically nil. I don't really want to go back to the 100% or 100%+ mortgage days but then I reject the fact that its in any way sensible to have gone from my first property being £40k in hampshire in 1999 to the same thing being "worth" probably that £275k now.

We're all sleepwalking into something pretty bad and only an idiot (or as my main point, someone with vested interest in the status quo, ie a home owner with a £300k mortgage on a 2 bed flat) would argue otherwise.

A bit of both, it was during the crash so I had high house prices and higher rates (fixed 4.95% for the first three years). After the fixed rate period I moved onto the variable rate but with the lower interest rates I was paying less than my fixed rate so could afford over-payments.

I agree with you that something needs to change and the position that everyone has been in for the last few years IMO has been the route to status-quo; stagnated house pricing meant that over the general term their relative value decreases with inflation however we appear to be entering another housing bubble with prices rising like crazy e.g. I bought my house for £250k last summer, an identical property in my village (and I mean identical, right down to the driveway space!) has just gone on the market for £290k

[Edit] This week its sold STC at £295k! - http://www.rightmove.co.uk/property-for-sale/property-30530766.html CRAZY CRAZY!

balky12 · 28 May 2014 at 15:03

This new help to buy sceheme? Like seriously? Demand far oustretches supply. Solution. 5% deposits on houses up to £600k, backed by the Government.

It boggles the mind.

elmarko · 28 May 2014 at 15:13

balky12 said:
This new help to buy sceheme? Like seriously? Demand far oustretches supply. Solution. 5% deposits on houses up to £600k, backed by the Government.

It boggles the mind.

The other problem with help to buy schemes is they push the price of houses up further & further.

This government (along with the last) has done nothing of use to actually resolve this social problem - mostly for the reason that it would be to the detriment of large scale home-owners with huge buy to let portfolios (also many older voters who would stand to lose some value in their house).

A house should not be a commodity to be traded, it's a finite resource which is needed.

balky12 · 28 May 2014 at 15:16

elmarko said:
The other problem with help to buy schemes is they push the price of houses up further & further.

This government (along with the last) has done nothing of use to actually resolve this social problem - mostly for the reason that it would be to the detriment of large scale home-owners with huge buy to let portfolios (also many older voters who would stand to lose some value in their house).

A house should not be a commodity to be traded, it's a finite resource which is needed.

Indeed. I touched on that ealier. No home owner is going to vote for a Government that will 'sort out' the housing crisis.

pitchfork · 28 May 2014 at 15:20

I've given up caring.

I think you need to be delusional to believe that if a certain party gets in you won't be worse off than you were 5 years down the line. Politics is just one big ass blast.

I'd be happy with just things staying as crap as they are but inevitably whoever gets in will make everything 10x worse, like usual.

Rilot · 28 May 2014 at 15:57

elmarko said:
The other problem with help to buy schemes is they push the price of houses up further & further.

This government (along with the last) has done nothing of use to actually resolve this social problem - mostly for the reason that it would be to the detriment of large scale home-owners with huge buy to let portfolios (also many older voters who would stand to lose some value in their house).

A house should not be a commodity to be traded, it's a finite resource which is needed.

Spot on.
I noticed a new development going up near where I live a few weeks back. I called the builders and asked what the pricing was for a 3-bed semi, only to be told that they were all sold before even a single spade had been put in the ground. Mainly to investors and buy-to-let folk.
Even with help to buy it's nigh on impossible to get a mortgage for a sufficient amount.

balky12 · 28 May 2014 at 16:13

Rilot said:
Spot on.
I noticed a new development going up near where I live a few weeks back. I called the builders and asked what the pricing was for a 3-bed semi, only to be told that they were all sold before even a single spade had been put in the ground. Mainly to investors and buy-to-let folk.
Even with help to buy it's nigh on impossible to get a mortgage for a sufficient amount.

Most people buy off plan as well to offset the inevitable price drop of a new build.

These help to buy and mortgage guarantee schemes are not far removed from what caused everything way back when.

I can't see how this bubble can continue. First time buyers drive the market. If we can't get on the ladder then whatever is cuasing the bubble is troublesome. Either that or I am just hoping it doesn't as a potential buyer in couple years.

thep02 · 28 May 2014 at 16:17

balky12 said:
I can't see how this bubble can continue.

As it's a direct result of carny and osbourne's policies I guess about 6 months after the GE before the bubble bursts, if all goes according to plan.

gamerTM21 · 28 May 2014 at 16:19

balky12 said:
Best of luck buddy! Anything else? Haha!

What exam?

Cheers, its my Msc Mechanical Engineering Energy exam! Specifically, the question in the past paper was:

Renewable energy is considered to be an important aspect of plans to reduce CO2 emissions. Discuss the sources of renewable energy which are being used and/or developed to generate electricity. In your discussion you should consider the background, the physical mechanism by which electricity is generated, the present state of electricity generation and the future projections. Economic considerations and potential barriers to the development and implementation of renewable technologies can also be considered.

balky12 · 28 May 2014 at 16:30

gamerTM21 said:
Cheers, its my Msc Mechanical Engineering Energy exam! Specifically, the question in the past paper was:

Renewable energy is considered to be an important aspect of plans to reduce CO2 emissions. Discuss the sources of renewable energy which are being used and/or developed to generate electricity. In your discussion you should consider the background, the physical mechanism by which electricity is generated, the present state of electricity generation and the future projections. Economic considerations and potential barriers to the development and implementation of renewable technologies can also be considered.

Haha, sounds like you came to the right place. Plenty of for and against here with good arguments to back them up. I didn't go University so won't try and pretend I know what I am talking about fully!

Thing I always find with those type of questions is that there is never really a wrong answer. Aslong as you can make an argument for a point you make then it's all good.

Renewable Energy Sources

Solar
Wind (Onshore / Offshore)
Tidal (Ocean / Freshwater)
Wave (Ocean / Freshwater)
Hydroelectricity
Geothermal
Biomass
Nuclear (Still up for debate)

Should give you quite the essay.

BEST OF LUCK!