Ealing53 Posted September 6, 2012 Share Posted September 6, 2012 Hi new member here. As the moniker implies I live in Ealing in West London and joined the forum because house prices behaviour is utterly frustrating where I live. The prices of flats are coming down, yet those of 3 bed+ houses are increasing so people cannot move up the ladder anymore. Quote Link to comment Share on other sites More sharing options...
Slazanger Posted September 9, 2012 Share Posted September 9, 2012 Hi All, Finally decided to sign up after about 6 years of lurking.. sold my house and left the UK for Canada in 2008 for work reasons.. then after watching the industry collapse on the west coast moved to Australia... waiting for the right time to move home Slaz. Quote Link to comment Share on other sites More sharing options...
Herve Posted September 14, 2012 Share Posted September 14, 2012 hello! new member - obviously - renting in Harrow and looking to buy at sensible price in the south east (a mathematical impossibility) before the currency reset wipes my savings off. In the patch where I rent, an number of houses are well in the 7 figures. I can't help but wonder everyday how is it possible to find so many buyers at those level. No obvious foreign millionaire either, as I can tell by the people coming out of it. Quote Link to comment Share on other sites More sharing options...
Geologic8 Posted September 16, 2012 Share Posted September 16, 2012 Greater London is now at a huge, huge premium to the rest of the UK. It must be a great time to sell out, and move elsewhere Quote Link to comment Share on other sites More sharing options...
鲍安德 Posted September 21, 2012 Share Posted September 21, 2012 Despite appearances, I am not Chinese, but I recently returned to the UK after spending a number of years in Hong Kong. Quote Link to comment Share on other sites More sharing options...
SuperChimp Posted September 21, 2012 Share Posted September 21, 2012 Despite appearances, I am not Chinese, but I recently returned to the UK after spending a number of years in Hong Kong. Welcome to the forum. Does your name mean something really cool or is it just the name of your favorite restaurant? How are house prices in Hong Kong and do you plan on staying in the UK for some time? Quote Link to comment Share on other sites More sharing options...
鲍安德 Posted September 22, 2012 Share Posted September 22, 2012 Welcome to the forum. Does your name mean something really cool or is it just the name of your favorite restaurant? How are house prices in Hong Kong and do you plan on staying in the UK for some time? Boringly it's just my Chinese name that was put on my namecards. House prices in HK are about as out of reach as they are in London. My current plan is to stay put for a few years. baoande Quote Link to comment Share on other sites More sharing options...
Homance Posted October 10, 2012 Share Posted October 10, 2012 Hi - I've been lurking for sometime. Am happily surprised to see such an active community. I am one of the lucky ones - because of my age. We bought years ago, with the help of easy access to finance, reasonable house prices etc. It is tragic to see the younger generation, with the same opportunities we had, to be locked out of homeownership. Someone on average earnings should expect to be able to own their own home. I look forward to contributing. Quote Link to comment Share on other sites More sharing options...
bmf Posted October 26, 2012 Share Posted October 26, 2012 Hi All, Finally decided to sign up after about 6 years of lurking.. sold my house and left the UK for Canada in 2008 for work reasons.. then after watching the industry collapse on the west coast moved to Australia... waiting for the right time to move home Slaz. Hi. How is Canada? Considering going to Montreal. I know prices in Vancouver are nuts. Thoughts? Quote Link to comment Share on other sites More sharing options...
Billy soy Posted October 29, 2012 Share Posted October 29, 2012 Hello, been a bit of a lurker on here, since I found hpc theres been barely a day go by without me having to check in on this site and its forum. Such a wealth of information, experience and humour,absolutely love this site. Thought it was about time I got off my ass and posted, looks like some of the posts are dealing with properdees in my neck of the woods (hampshire) Am a renter, 31 years old, married and hoping one day me and the missus can get a place of our own one day without having to seriously indebt ourselves, saving hard, and do not intend on funding some old gits champagne and cruise liner retirement. work in the marine industry for a large luxury motor yacht builder. Quote Link to comment Share on other sites More sharing options...
Jolly Roger Posted November 2, 2012 Share Posted November 2, 2012 Hello folks. Short time lurker, first time poster here. I've come to the realisation that I don't really know a great deal about finance and economics so would like to come to more of an understanding about our current situation. I've found a lot of the threads I've read so far both interesting and humorous, with much food for thought. I'm a late twenties Briton, renting reasonably cheaply and yet to buy. My long-term goal is to live fairly simply, frugally and wisely, working only as much as I need to and not having a giant debt millstone around my neck. Like many on here I have a deeply pessimistic outlook (even if I can't fully qualify it intellectually) but if the decline is inevitable then I am going to try to enjoy it as much as possible. Interesting times. Quote Link to comment Share on other sites More sharing options...
craig12 Posted November 4, 2012 Share Posted November 4, 2012 id like to say to all guys and girls on here , please please please, if you cant beat em join em., im with all you people on the subject of house prices being too high , id say 25-30% but if its not altering and youre itching to get on the ladder, then bid hard like i did , sometimes i would offer 25% less than asking price we cant change the housing market and waiting and waiting may not help so my advice is if you see the semis at £120k then bid £90k or the £200k houses bid £160k , but try this ....it works, yes you will have bought in this terrible inflated market but youre the one that holds the cards as a first time buyer i use the rule that i once saw on here , someone once said if you can buy a house at 2004 price then buy it i use the rightmove sold prices , pick out the road then trace a 2004 price and bid close to that regards craig Quote Link to comment Share on other sites More sharing options...
StuG III Posted November 14, 2012 Share Posted November 14, 2012 Sorry, forgot to introduce myself here first! Oops. I am StuG III. Bought a few years back after 3 moves in 5 years rented. Large deposit saved over a decade means very small mortgage but realise we are pretty well stuck since no-one (virtually) can afford to move. Quote Link to comment Share on other sites More sharing options...
Dogging With Smurfs Posted November 23, 2012 Share Posted November 23, 2012 I've just joined, this looks an interesting site, so I'm hoping to learn something from it. Quote Link to comment Share on other sites More sharing options...
confusedsoul Posted November 26, 2012 Share Posted November 26, 2012 Sorry forgot to introduce myself here... I am an avid reader of HPC...greatly value advice from here... We want to buy a place of our own and stop paying someone else's mortgage...but I guess the time is not right yet!! Quote Link to comment Share on other sites More sharing options...
TheNoSnowMan Posted November 29, 2012 Share Posted November 29, 2012 Greatings fellow HPCers. I've actually been here since 2008 but have finally decided my voice should be added to the many already here. Unfortunately I didn't find this place in time to stop me take the p*ss poor advice of a (now very) ex gf to buy a shared ownership house in 2007. I paid way over the odds and I now know what a big mistake I made. I am currently overpaying as much as possible to depense of this half mortgage as quickly as possible and then deal with the other half later on (hopefully when prices are even lower than now). I have no plans on moving as I'm happy where I am. Hope to have a chat with you all soon. Quote Link to comment Share on other sites More sharing options...
iggy_s Posted November 29, 2012 Share Posted November 29, 2012 Long time lurker checking in. Just in time for the collapse :-) Quote Link to comment Share on other sites More sharing options...
Domino Posted December 17, 2012 Share Posted December 17, 2012 Hi, I've been lurking for a good while, about 2.5 years. I love the site, the opinions, the ideas, the education it gives me. I'm 47 now, paid my mortgage off 18 months ago and it was the panic of finishiing off the mortgage led me to sites like this. Maybe paying it off makes me a little smug, not so. I think what's going on is awful although I appreciate I'm lucky. I still have a lot of crap to go through to get to peace of mind. I toyed with being a BTL. I fecked that idea off pretty soon! Quote Link to comment Share on other sites More sharing options...
erranta Posted December 18, 2012 Share Posted December 18, 2012 id like to say to all guys and girls on here , please please please, if you cant beat em join em., im with all you people on the subject of house prices being too high , id say 25-30% but if its not altering and youre itching to get on the ladder, then bid hard like i did , sometimes i would offer 25% less than asking price we cant change the housing market and waiting and waiting may not help so my advice is if you see the semis at £120k then bid £90k or the £200k houses bid £160k , but try this ....it works, yes you will have bought in this terrible inflated market but youre the one that holds the cards as a first time buyer i use the rule that i once saw on here , someone once said if you can buy a house at 2004 price then buy it i use the rightmove sold prices , pick out the road then trace a 2004 price and bid close to that regards craig If you know where to look - it's repeatedly quoted that asking prices are now 30-40% above final 'sale agreed' prices (of houses that are actually selling) You just got done! Quote Link to comment Share on other sites More sharing options...
Huggy Posted December 18, 2012 Share Posted December 18, 2012 Evening and a very Merry Christmas all. Basically I am frustrated with what seems like an unassailable goal of actually owning a house, yet I am strangely happy at the moment with low rent (Mum's spare room) and a stable (so far) job. I also have minor tfh tendencies and am looking to stock up on grain, tins, and precious metals while also saving for that elusive deposit. Quote Link to comment Share on other sites More sharing options...
zombie holocaust Posted December 26, 2012 Share Posted December 26, 2012 hello ladies and gentlemen,well where to start. i presume a brief history will surfice.my names mark i bought a cheap hovel in stoke 3 months ago.for varied reasons i never got on the houseing ladder till i was 47 and even then predominantly i only bought then has im geting increasingly older and figured if i dont get a house now i never might.i dont earn a great deal so it was an interesting 2 years saveing a deposit and sevral interesting visits to banks to get a morgage.convinceing them i could pay the morgage on a carers wage (only me on the morgage) was in itself quite a task. pet hates,paying interest.keeping up with the jonses and people who point out i cant spell......i know i cant. Quote Link to comment Share on other sites More sharing options...
jacobs ladder Posted January 15, 2013 Share Posted January 15, 2013 hi been reading here since 2006 thought i would share my thoughts on terrible housing prices in the UK Quote Link to comment Share on other sites More sharing options...
cambridgehp Posted January 29, 2013 Share Posted January 29, 2013 Glad to be on this board, been lurking for a while. Fantastic discussion. Thanks! Quote Link to comment Share on other sites More sharing options...
Sideways Posted February 13, 2013 Share Posted February 13, 2013 Hi all, long time reader, now much wiser. Speak to you soon. Quote Link to comment Share on other sites More sharing options...
Deckard Posted February 13, 2013 Share Posted February 13, 2013 Hi all, long time reader, now much wiser. Speak to you soon. welcome, I raise my glass to you Quote Link to comment Share on other sites More sharing options...
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