Because that's where the money is...

[IANTO]

So, if you had cash say £500k, where would you put it?

Under the bed.

Seriously, I would talk to Local Estate Agents.

If you do not wish to invest in Farmland yourself, there are many that do, but cannot get the facilities from their resident *anker Bankers.

There are advantages to both parties in Private Mortgages.

1. Your investment is secured with a charge over the land.

2. You can charge a higher rate, than the Banks or Building Societies will give you for your money.

3. The Interest Rate can be set at a % over Base Rate, that means both the Borrower and Lender benefit.

In the past, I have managed to arrange several deals of this kind. More often than not, when someone wished to sell up and retire, and the purchaser was a local farmer wishing to expand.

In some cases, part of the agreement, has been that the Vendors can continue to occupy the property, for a nominal rent for life, which has brought down either the purchase price or the interest rate.

Who needs banks?

 

[Penmoel]

indeed to cover up the Nazi loot and stolen Jewish assets,they have the morals of any low life criminal.

Who rattled your cage??
Bet a good percentage of deposits would belong to our Jewish friends as well

 

[Brisel]

indeed to cover up the Nazi loot and stolen Jewish assets,they have the morals of any low life criminal.

Perhaps. But they are quite wealthy & your loot should be safe there!

 

[grumpy]

Perhaps. But they are quite wealthy & your loot should be safe there!

Depends if you have morals I suppose personally I would never deal with a Swiss bank,When the world was fighting against Nazism they were pocketing the loot from gold teeth of the gas chamber victims.but each to there own.

 

[Brisel]

I don't & won't be using Swiss banks for several reasons - those you mentioned & the lack of cash, dirty or clean, to deposit.

Before you get too righteous, the thread was discussing ways of keeping deposits out of the hands of Cypriots & Germans...

 

[joe soapy]

This isent quite clear cut, the deposits in cyprus have been benefiting from interest rates way above ours, ex pats
even with a 10% charge on accounts will still be better off than the ordinary UK saver
first bank to come up was offering 11% for 5 years, so you can bet a lot of smart money from europe and elsewhere was there on deposit

 

[azimuth]

This isent quite clear cut, the deposits in cyprus have been benefiting from interest rates way above ours, ex pats
even with a 10% charge on accounts will still be better off than the ordinary UK saver
first bank to come up was offering 11% for 5 years, so you can bet a lot of smart money from europe and elsewhere was there on deposit

Where were the Cypriot banks getting the money from to pay over 11% interest on deposits?

 

[caveman]

Where were the Cypriot banks getting the money from to pay over 11% interest on deposits?

One of those pyramid/pontz schemes?i

 

[joe soapy]

mainstream bank i think,
ukraine was 18%

Company​

​

Country​

GDP​

Term​

Currency​

APY​

​

​

Ukrsotsbank 1 Year Term Deposit​

ukraine​

6,665*​

1 year​

UAH​

18.00%​

Mar, 2013​

More Info

Ukrsotsbank 6 Month Term Deposit​

ukraine​

6,665*​

6 month​

UAH​

17.00%​

Mar, 2013​

More Info

Ukrsotsbank 3 Month Term Deposit​

ukraine​

6,665*​

3 month​

​

16.50%​

Mar, 2013​

More Info

Prominvestbank 1 Year Deposit​

ukraine​

6,665*​

1 year​

UAH​

16.00%​

Mar, 2013​

More Info

Prominvestbank 6 Month Deposit​

ukraine​

6,665*​

6 month​

UAH​

15.25%​

Mar, 2013​

More Info

Prominvestbank 3 Month Deposit​

ukraine​

6,665*​

3 month​

UAH​

15.00%​

Mar, 2013​

More Info

Prominvestbank 1 Month Deposit​

ukraine​

6,665*​

1 month​

UAH​

13.50%​

Mar, 2013​

More Info

Komercijalna banka 1 Year Fixed Term Savings Deposit​

serbia​

10,642​

1 year​

RSD​

10.00%​

Mar, 2013​

More Info

Rosbank 1 Year Fixed Term Deposit​

russia​

14,913​

1 year​

RUB​

8.85%​

Mar, 2013​

More Info

Sberbank 1 Year Term Deposit​

russia​

14,913​

1 year​

RUB​

8.30%​

Mar, 2013​

More Info

VTB 1 Year Term Deposit​

russia​

14,913​

1 year​

RUB​

7.70%​

Mar, 2013​

More Info

Garanti 1 Month Time Deposit​

turkey​

13,905​

1 month​

TRY​

6.85%​

Mar, 2013​

More Info

Erste Bank Hungary 1 Year Term Deposit​

hungary​

19,591​

1 year​

HUF​

6.84%​

Jan, 2013​

More Info

Ziraat Bankasi Time Deposit​

turkey​

13,905​

1 year​

TRY​

6.80%​

Mar, 2013​

More Info

Garanti 1 Year Time Deposit​

turkey​

13,905​

1 year​

TRY​

6.60%​

Mar, 2013​

More Info

Garanti 3 Month Time Deposit​

turkey​

13,905​

3 month​

TRY​

6.60%​

Mar, 2013​

More Info

HSBC Turkey 1 Year Time Deposit​

turkey​

13,905​

1 year​

TRY​

5.55%​

Mar, 2013​

More Info

Unicredit Bulbank 1 Year Time Deposit​

bulgaria​

13,789​

1 year​

BGN​

5.00%​

Mar, 2013​

More Info

Bank of Cyprus Greece 1 Year Time Depost​

greece​

29,663​

1 year​

EUR​

4.35%​

Mar, 2013​

More Info

Bank BPH Term Deposit​

poland​

18,837*​

1 year​

PLN​

4.20%​

Mar, 2013​

More Info

BCR 1 Year Term Deposit​

romania​

12,476​

​

​

 

[Elmsted]

One of those pyramid/pontz schemes?i

So HSBC or Sociatete General ( Behind BCR Romania ) or gauratii bank Cyprus are ponzi schemes. Just the enconomies are growing, that loans are at around 15%.

 

[Walterp]

indeed to cover up the Nazi loot and stolen Jewish assets,they have the morals of any low life criminal.

One of the nicest places to have lunch in the World on a fine day is, in my opinion, amongst the cloisters of the Musée des Beaux Arts in Geneva; whilst from its steps you can survey one of the most attractive capital cities in the World, with the best transport infrastructure and one of the strongest economies on the planet. World-class industries, top-notch health care and a pristine environment add to its attractions. No wonder Phil Collins lives there - if I had written 'Something in The Air Tonight' I'd live there too...

AND you don't see the Swiss stealing 10% of their citizens' savings, either.

 

[grumpy]

One of the nicest places to have lunch in the World on a fine day is, in my opinion, amongst the cloisters of the Musée des Beaux Arts in Geneva; whilst from its steps you can survey one of the most attractive capital cities in the World, with the best transport infrastructure and one of the strongest economies on the planet. World-class industries, top-notch health care and a pristine environment add to its attractions. No wonder Phil Collins lives there - if I had written 'Something in The Air Tonight' I'd live there too...

AND you don't see the Swiss stealing 10% of their citizens' savings, either.

Very nice Walt but it has nowt to do with my op,would you buy your farm from the teeth of gas chamber victims?now being a former solicitor i may have posed a loaded question.to you

 

[azimuth]

One of the nicest places to have lunch in the World on a fine day is, in my opinion, amongst the cloisters of the Musée des Beaux Arts in Geneva; whilst from its steps you can survey one of the most attractive capital cities in the World, with the best transport infrastructure and one of the strongest economies on the planet. World-class industries, top-notch health care and a pristine environment add to its attractions. No wonder Phil Collins lives there - if I had written 'Something in The Air Tonight' I'd live there too...

AND you don't see the Swiss stealing 10% of their citizens' savings, either.

i never get the time Walt,,,ive all ast got me cows too see to,,,,,

 

[azimuth]

One of the nicest places to have lunch in the World on a fine day is, in my opinion, amongst the cloisters of the Musée des Beaux Arts in Geneva; whilst from its steps you can survey one of the most attractive capital cities in the World, with the best transport infrastructure and one of the strongest economies on the planet. World-class industries, top-notch health care and a pristine environment add to its attractions. No wonder Phil Collins lives there - if I had written 'Something in The Air Tonight' I'd live there too...

AND you don't see the Swiss stealing 10% of their citizens' savings, either.

walter price and a silver spoon,,,,well i never,,,lol.

 

[Walterp]

i never get the time Walt,,,ive all ast got me cows too see to,,,,,

But no one ever said, on their death-bed: "I wish I'd spent more time looking after my cattle" did they?

 

[Walterp]

walter price and a silver spoon,,,,well i never,,,lol.

Holidays?

As Raymond Chandler said about cars "They're all expensive, so you may as well have a nice one..."

 

[spanners]

But no one ever said, on their death-bed: "I wish I'd spent more time looking after my cattle" did they?

No, but You will

 

[IANTO]

But no one ever said, on their death-bed: "I wish I'd spent more time looking after my cattle" did they?

I wonder how many who spent all their time looking after their cattle, and had no heirs, wished they had spent more time in bed?

 

[Walterp]

Very nice Walt but it has nowt to do with my op,would you buy your farm from the teeth of gas chamber victims?now being a former solicitor i may have posed a loaded question.to you

Hitler laid plans to invade Switzerland, so that it was only the distraction of Barbarossa that saved the Swiss from the same fate as the rest of occupied Europe.

And it's pretty clear that the Swiss would have fought (some, maybe,a bit harder than others) to resist an invasion by Germany, so I'd not be inclined to be so hard on a sensible people who are doing their best, and have been doing their best for 80 years or so.

 

[azimuth]

But no one ever said, on their death-bed: "I wish I'd spent more time looking after my cattle" did they?

you could be a bit wrong about that walter me duck,,,,i bought a farm so i COULD look after some cows,,,,not gad abought with these johnny foreingers who are trying to pinch me hard won savings,,