Go Back  PPRuNe Forums > Flight Deck Forums > Rumours & News
Reload this Page >

Extinction Rebellion are threatening to shut down Heathrow Airport with drones

Rumours & News Reporting Points that may affect our jobs or lives as professional pilots. Also, items that may be of interest to professional pilots.

Extinction Rebellion are threatening to shut down Heathrow Airport with drones

Old 13th Jun 2019, 13:01
  #141 (permalink)  
 
Join Date: Dec 2001
Location: England
Posts: 1,389
Likes: 0
Received 0 Likes on 0 Posts
Will rising sea levels be a problem in the developed world sooner than we expect...

It's well known some mortgage companies won't lend on leasehold properties that have less than 60-70 years on their lease remaining. Could your seaside or riverside property be flooded in 60-70 years? How long before mortgage companies wake up to the fact that many freehold houses are really leasehold with Poseidon owning the lease? They could suddenly decide not to lend on such properties overnight. You might not have 60-70 years before the value is impacted.
cwatters is offline  
Old 13th Jun 2019, 15:26
  #142 (permalink)  
a_q
 
Join Date: Mar 2015
Location: uk
Posts: 16
Likes: 0
Received 0 Likes on 0 Posts
Is "cwatters" an ironic handle?

In any case, maybe it's better that we get over the warming hump now, while we have plentiful fossil fuels, a relatively small population (only 7 billion) and a fairly healthy world economy, and reasonably peaceful (the odd skirmish here or there notwithstanding).

If we had to do this say 200 years from now and the human race is not in such good shape, we might not survive (as a species).

"Bring it on!", I say.
a_q is offline  
Old 13th Jun 2019, 17:03
  #143 (permalink)  
 
Join Date: Jan 2008
Location: Reading, UK
Posts: 15,424
Received 111 Likes on 60 Posts
Originally Posted by a_q
In any case, maybe it's better that we get over the warming hump now
A hump, by definition, has an up followed by a down.

What leads you to believe that global warming will follow that profile in any realistic timeframe ?

DaveReidUK is offline  
Old 13th Jun 2019, 18:27
  #144 (permalink)  
 
Join Date: Nov 2004
Location: UK
Posts: 557
Received 52 Likes on 13 Posts
Originally Posted by cwatters
They could suddenly decide not to lend on such properties overnight.
And there I was thinking that most mortgages were longer term, 10 - 30 or so years!
pilotmike is offline  
Old 14th Jun 2019, 10:16
  #145 (permalink)  
 
Join Date: Nov 1999
Location: UK
Posts: 2,339
Received 29 Likes on 18 Posts
Probably been said already, but how did the drones they propose using get into this country? Were they carried here by hand or was fossil fuel involved?

Ditto the smart phones they will presumably use for coordination.
Uplinker is offline  
Old 14th Jun 2019, 18:34
  #146 (permalink)  
 
Join Date: Dec 2001
Location: England
Posts: 1,389
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by pilotmike
And there I was thinking that most mortgages were longer term, 10 - 30 or so years!
https://www.cml.org.uk/consumers/iss...-short-leases/

Lenders will normally require leases to extend for at least 40 years beyond the end of the mortgage, as a minimum, because the value of the property will become lower as the remaining period of a lease gets shorter.
So you've got to wonder how much longer banks will continue to give 25-30 year mortgages on seaside properties (leasehold or freehold) because 30+40=70 which takes us to 2089.

This issue occurred to me after I had to help someone extend a 70 years lease. The extension cost about 16,000. Negotiating with Poseidon would be a lot harder.




cwatters is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell or Share My Personal Information

Copyright © 2023 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.