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House Price Crash Forum


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About mayjay

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    HPC Poster
  1. The entire house sold for 74k in 1996. http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=69854612&sale=57423507&country=england Now they want half a mill for a chunk of it. ROFL copters.
  2. I also bought in 2013 (Gloucestershire) - in full knowledge that prices were completely out of kilter with historic norms of 3x salary due to the Blair/Brown aggressive HPI boom that the Tories pumped even higher and seem hell-bent on continuing with the next round of £10bn HTB funds. Just wanted my own space with partner (now wife) after 9 years of mostly trouble-free house shares/rentals. Have been member on here since 2008, and nearly a decade later the plates are still spinning and the reset button refuses to be pressed - it's ******ing unbelievable. As per the previous poster I would like to see a crash to help some of my relatives stand a fighting chance of buying a home (and no - HTB rabbit cardboard hutches don't count) this side of 2020.
  3. Previous sale prices: 28 Sep 2012 £200,000 254.0% 129.8% 05 Aug 1997 £56,500 n/a n/a Seller only looking for another 70% increase in less than 4 years. Snap it up , looks like a bargain. This country is f****d
  4. JennylovesRosie Sat 30-Apr-16 17:47:12 We rented the house as it didn't sell- and we needed to move away from the area for work. We fell into this really. Hmm wonder why didn't it sell - deluded kite flyer? Forced into becoming a landlord rather than sell house at a market clearing price. 'Accidental' landlordism like this must be rife up and down the country - surely easy pickings for HMRC if they ever decide to take a serious look at this market.
  5. He paid asking price. http://www.rightmove.co.uk/property-for-sale/property-32407665.html And to boot, set a record new high for the road.. http://www.rightmove.co.uk/house-prices/detail.html?country=england&locationIdentifier=STREET^1322101&searchLocation=Paul%27s+Dene+Crescent&referrer=landingPage The outbidders are winning..
  6. That HK hutch actually looks good value for money compared to Central London .. http://www.rightmove.co.uk/property-for-sale/property-45234140.html
  7. We're definitely in a cupcake bubble at the moment - it's not quite 1999-2006 HPI levels of insanity but I think the existence of such fine publications as these http://anthem.subscribeonline.co.uk/Products/cupcake-heaven is a firm indicator that we're near the top of the rollercoaster ... Hopefully the bubble will burst soon and we can all go back to making rice crispie cakes for a bit of fun and the umpteen 'canny entrepreneurs' can get back to their wage-slave checkout chick jobs.
  8. I hope it's negative - would love to see the £160k barrier broken soon. Land Registry data is all that matters though, shame it's not more timely.
  9. May be wrong, but I dont think repossessed properties that go to auction are recorded on the land registry.
  10. Sounds about right... 12/10/2000 74, Canada Street, Manchester, Greater Manchester, M40 8AE - £9000 09/07/2002 78, Canada Street, Manchester, Greater Manchester, M40 8AE - £11,000 No wonder number 80 is a repo: 27/07/2007 80, Canada Street, Manchester, Greater Manchester, M40 8AE - £55,000
  11. Banco Santander bailed out by the UK taxpayer Oct/Nov.
  12. Spotted this in a local EA's window. Made me laugh. Seem's they are surviving the 'downturn' but I don't give them more than 12 months before they collapse.
  13. Bet this one has a mortgage of 100K+ hence the 'final reduction'. Any less and I'm guessing the 'vendor' would be deep into negative equity. MEW for a Porsche cayenne anyone? House prices only ever go up! Also makes you realise how much the UK was propped up by this pathetic artificial nonsensical bubble of nothingness. Happy new year.
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