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House Price Crash Forum

archy

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Everything posted by archy

  1. Dont know if this is what you are referring to but I heard that developments are being halted because foul sewers are at maximum capacity, I believe it is around Lisburn direction. The developers have been asked to look at non mains drainage, which doesnt work for the density of the developments or an upgrading of the existing drainage system. Not sure if any of this is true - lots of rubbish is talked by builders and the like.
  2. I am afraid that I know no decent mortgage advisors; however with regard the property I would advise letting the agent know that you are interested and that you wish to monitor any interest that it has, give them your number and wait. I understand the desire to buy when you see a property that you like but at the moment there is no movement in the market so the chances of losing the property should not be great. North Antrim has been very over priced in the last number of years and the amount of new developments means that it has an over supply. Many developers are giving offers like new cars or money towards the first 2 years mortgage. I feel that the picture will be clearer in the new financial year and would not advise buying until then. These are only my personal opinions and although I loosely work in the property world I would not suggest I am any kind of expert. Good luck with what ever you do
  3. I have been lurking for a while but this is my first post. From what I hear there will be no movement on PPS14. The local planners already had similar powers to refuse applications in the open countryside under existing policys; however, PPS14 just seems to have packaged them together and made it mandatory that they use them. I have been told that (no evidence) Omagh district council (who broke the news of PPS14) has a room full of applications for outline planning which have to be decided under old policys and will likely get approval (because of precedent), I believe this is the same for all local authoritys. In the next number of years we will probably see an increase of sites on the market. A lot of sites with outline do appear to be running out and are being extended with a full application, I believe that this reduces the price of the site as most of the full applications are awful design. PPS14 does allow for the change of house type or a full application which does not confine itself to the outline conditions although it can sometimes be an up hill struggle explaining this to planners. (they seem to be as confused on the subject as the rest of us) I spoke to a number of local estate agents recently and they have suggested that sites are on average going for 10% less than the asking price at the moment. One EA also suggested that he expected more than 20% falls in new build developments. Anyway I realise that you are trying to stick to facts on the board at the moment and this is all just my opinion with no evidence to back it.
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