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House Price Crash Forum


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Everything posted by Shiney

  1. http://www.bbc.co.uk/news/uk-scotland-scotland-business-42671528?intlink_from_url=http://www.bbc.co.uk/news/topics/cdl8n2edgj5t/housing-market&link_location=live-reporting-story Prices are being boosted by a homes shortfall in Edinburgh and the east.. according to our friends at the ESPC..
  2. Same here. I wouldn't want to live in any of the relatively, reasonably priced houses I see listed. They are sitting there for sale, month after month. As are the unreasonably priced houses..
  3. A house I'm watching in rural Wales has just dropped asking price by 12% and has been on the market since September.
  4. Here's the link: http://ebs4portal.coleg-powys.ac.uk/default.aspx
  5. Coleg Powys has Adult & Community Education Courses in Childcare NVQ levels 2 & 3 starting on 24 September. Why not go to the college building on Spa Road in LLandrindod and get yourself a prospectus, and maybe speak to someone in person.
  6. We are renting a handsome 5-bed farmhouse in the country with orchard and veg plot for more or less the same amount as the mortgage was on our 3-bed terrace in town. It has always been a bit of a dream to live somewhere like this, growing our own veg, having lots of space for the kids. But, we're not enjoying it as much as we'd imagined we would. It's not so much the extra costs of running two cars, heating and council tax - we'd budgeted for those, it's the time it takes getting about, the effort of making arrangements, organising the kids activities etc. You have to jump in the car for everything and everyone is dependent on everyone else. It's not for us. Thankfully we're renting and when the time is right to buy again, we'll be heading back to town.
  7. I have it on good authority that a large Edinburgh house hasn't sold, it's been offers over, fixed price, reduced fixed price and finally, the vendor had an offer way below expectation and was declined. I think the house has now been delisted. It will be back on the ESPC in a couple of weeks so that it's 'new' ready for the buyers after the summer break. I think it's in ...........Morningside. Immune? They wish.
  8. Vile. Cashing in on people's "misery" and "nightmares". It's good telly to make viewers feel less bad/stupid in comparison.
  9. The Herald has 'Edinburgh house prices fall for first time in 40 years' http://www.theherald.co.uk/news/news/displ...in_40_years.php Liked this: Gareth Bogie, from Edinburgh solicitors Allingham and Co, said the 60% drop in the volume of sales was "frightening". FRIGHTENING
  10. Trouble is the 'advisors' will say they were just stating the truth. House prices have only ever gone up. Last week I was speaking to a recently retired Edinburgh solicitor who informed me that there's too much money around and there has never been a property market crash in Edinburgh. It was the truth..... .......until now
  11. A close friend of mine does the books for a BTL landlord with over 20 properties. Friend is actively looking for a new job.
  12. The house is in Busot near the beaches of San Juan and El Campello, 25 minutes from Alicante airport. I'll try to PM you - I've never done it before.
  13. So, what is happening in Spain? After years and years of massive over development on the costas, there is now a huge amount of property for sale, and very few buyers. My parents own a new house in an area called Costa Blanca North which they have never lived in and can't sell. By all accounts it's a perfectly nice house on a small development of six with mountain and sea views. Yes, they'd drop the price, yes, they'd take a massive hit. BMV offer? yes please.
  14. I'm so very pleased for you and your family. It would be a shame if you allowed what happened in the past to spoil the enjoyment of your new home. All the best. S
  15. This is such a horrible story. In this situation, I would follow the advice given by environmental health to the letter. Good luck.
  16. If this is one of the first threads visitors to the site see, then I'd like to suggest exploring the whole site in some depth. There is a lot of really useful information that will help anyone answer the buy or rent question for themselves. I have found posters here generally are knowlegable, smart, passionate and witty, but some are rude and post unhelpful comments. It's easy to spot the difference. For me, I'm convinced now is not the time to buy. We've just signed a new lease on a new rental for our family.
  17. Seems to be very much business as usual. Nice properties here in East Lothian are still selling..... and fast. One BTL landlord I know of has sold up two flats in the central belt to reinvest in Edinburgh. The assumption being that if there's a slowdown in less desirable areas, property prices will only ever go up in the capital. Incredible.
  18. Had a long conversation with a recently retired Edinburgh solicitor over the weekend who was convinced prices would never fall in Edinburgh. Too much money about.....
  19. I had noticed these price drops too. Been looking in the Hexham area since October 2007. This property sold in April last year for £315,000, went on the market for £339,950 sometime in autumn and now reduced to £325,000. http://www.rightmove.co.uk/viewdetails-179...=3&tr_t=buy This one has gone from £299,950 to £275,000 http://www.rightmove.co.uk/viewdetails-159...=3&tr_t=buy I've also noticed a few properties that were listed as under offer have recently become available again. I'm sure there are further reductions to come.........
  20. Hello to everyone. I've unintentionally STR fairly recently. Sold in Sept 07, completed in early Dec and came to the decision that we just couldn't afford to move up the ladder (from 3 bed terrace to a larger family house) at this time. I have a horror of taking on more debt, so don't want to increase the mortgage too much and house prices just seem so very unsustainable..... We have a non-renewable lease which ends in June. The dilemma is to attempt to buy before then or rent another house. Obvious pros and cons to either option and in the very short term, I'm just going to wait and see, and read and learn all I can from here.
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