I'm sure you're right about the sign rather than a sign shop - but I think there was an application floating about for a Yoga/Health centre type thing - except I thought it was at The Viaduct. Would have been several months ago - maybe withdrawn?
I don't remember anything like that and can't see anything online. Only thing I can recall at The Viaduct was a new business centre which was granted permission:
We received a letter telling us it's going to be a yogo centre
You mean you had a consultation letter from Lambeth Planning, or one from Barratts regarding one or more of their units at the front?
For sure, but it makes a mockery of Barratts loathsome bleating and slithering out of their already limited 'affordable' obligations because of the supposed 'economic situation.'
It's here - and it is in the Barratts site. Rather a sketchy application, referring back to the original planning permission granted in 2007 to Barratts predecessor. Will it happen?
Extending a 25yr mortgage to 30yrs reduces your monthly repayment by 9.7% but you pay an extra 23% in interest over the term of the loan.
We've got a 35 year one but am slightly kicking myself for that, given that we have relatively small monthly repayments, and certainly could have afforded larger ones over the last two years. Also could have overpaid, which again kicking myself for not organizing. Mind you, it does mean we'll be safer now our finances have changed/will continue to change, and it gives us a buffer for unexpected life stuff and/or interest rates going up. I think a lot of the people buying at the top of their limit are potentially going to have challenges ahead due to those reasons.
(affordable though, of course, being in the eye of the beholder).
Was chatting to one of my NCT friends, and they have a mortgage budget a little over what ours was two years ago, and they have no chance of getting a mortgage anywhere in the Brixton area. Or indeed the surrounding areas. I sometimes feel that we bought the last vaguely affordable house in Brixton two years ago
In terms of "surge" surely the period 1981 - 1985 is comparable at least in Brixton.
I paid 91K for my first flat in Feb 97 and it sold for 185K in Sep 99 - I did no more than give it a lick of paint and put flooring down. I remember friends saying how ridiculous prices had become and that they were going to wait for a crash before buying. The market really took off in late 96 - in between accepting my offer and exchanging contracts the vendor tried to increase the price to from 91 to 127 which was actually perfectly realistic.
Well that and the fact that there's woefully insufficient new social housing being built to replace the stuff that's been flogged off, thus leaving the field wide open to greedy cunty property owners/developers/buy to let-ers to cash in.
