the flying pig

yeah, exactly. potentially a perfectly sensible policy but discounts were [sometimes] too big and proceeds [always] frittered away on nonsense, rather than being used to build more social housing in the way it should have been.

i pretty much agree.

the mind boggles, really. but once this is 'all over', a huge increase in unemployment is locked in, i can fairly easily imagine all government departments required to come up with huge 'efficiencies', i'd be very surprised if there weren't some exceptional new taxes/new tax rates brought in for high levels of income and/or wealth... so, yes, Corona will cause a HPC, but whether we're talking 5 or 10 or 25%, real or nominal, etc etc etc, is anyone's guess.

Fairly futile thread on a national forum, where almost no-one will know that area intimately, e.g. that asking price would be bargainous for somewhere in say Mayfair, equally it'd be laughably bad for most areas of the country. If I had to guess what the issue is I'd say this was a case of someone extending [and also reducing average bedroom size as a part of this renovation] a smallish house to make it into a 'five bedroom house', & then being surprised when it's not worth as much as natural five bed house on a street that's full of them.

it's a good idea, & i suppose better late than never?

Yeah, looks interesting. https://www.theguardian.com/society/2018/jun/25/home-ownership-out-of-reach-for-2-million-uk-families-says-thinktank

Surprising that they have anything left after all those avocados & smartphones.

Decent journalism, that.

NIMBYism alive and well. https://twitter.com/lauracgiles/status/887348178290397185

haha. given that under 30s essentially don't buy houses any more, those numbers are, well, mind-blowing.

"...there is a the possibility, subject to planning permission, a first floor could be added to part of the mews - increasing the size and practicality..." Maybe at the very end. For almost all of it you'd be building in front of someone else's window, which I doubt is allowed. Honestly I think it looks like it has some vague potential given the area it's in, though almost certainly as a pied a terre of some kind.

@ b_real - thanks, do you know if it's managed to get a decent sized user base going, particularly compared to property bee?

apologies for hoofing an old thread, I was just wondering whether property bee is still going/still has a decent sized user base/has been superseded or joined by anything else? I'm about to start looking at some flats in in East London, seems like quite a tech savvy area etc. thanks

i can't understand the price for a house of that size in that location. even by current london standards it must surely be way out of kilter?

he's worried that leverage ratio rules might have a, "potential effect on mortgages and other lending activity"?