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House Price Crash Forum


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About sooperlids

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    Letchworth Garden City
  1. Bellway are doing a similar scheme here, they lend you 25% for five years. BUT they will not offer any "discount" on their list price. Whereas they will offer at least 10% to anybody that doesn't use the scheme. Some people are going to be in a world of trouble when the time comes to pay back the 25%. Especially those that have barely put any of their own money in.
  2. Ah cheers, got my hopes up for a moment. There are a few here I would very much like to see go out of business. Everything below the 3% threshold that is (almost) sensibly priced seems to be selling here. Must learn to be patient their time will come.
  3. I notice you are from Letchworth, which estate agents have gone? I haven't noticed?
  4. It is affordable if you book 90 days in advance. I pay £21 return from Stevenage to Leeds albeit on a Saturday. Bet that fare is set to see a big increase.
  5. Nice idea except the vast majority wouldn't go to the needy. It will mostly also disappear in administration charges etc, depending on the charity of course.
  6. Every town has one don't they? this is my fave from a deluded seller trying to sell a sh*t tip. I wouldn't buy it if they moved the decimal point one space to the left.... http://www.rightmove.co.uk/property-for-sa...y-20748727.html http://www.rightmove.co.uk/property-for-sa...ty-9187650.html http://www.rightmove.co.uk/property-for-sa...y-10081563.html http://www.rightmove.co.uk/property-for-sa...y-22834475.html http://www.rightmove.co.uk/property-for-sa...y-24988406.html
  7. We were in a similar position a little while back. House was on for £279k, had been on for a year with no reductions. Offered £240k (not even sure the EA passed on the offer) The vendors apparently had already refused £260k. They were clearly in no rush & were waiting for somebody to fall in love with it. They are still waiting (it did go sstc for a few weeks) Hopefully they will find somebody who wants to pay top dollar, then it falls through at the valuation stage. Gonna wait for somebody that is a little more motivated to move.
  8. We escaped Corby last year lucky to only lose 10%. This house was 25 yards away.... Wren Close - Corby Would have been around £270,000 in 2007. Looks like it may also be a repo. Fair bit bigger than the house we sold & asking price is 20k less than our sale price. I think we were very luck not to have been stuck there for the next 25 years! I would imagine there are a huge number of people on that estate in negative equity. Redrow (who built that house) had a scheme to move in for £99 in 2007.
  9. Sorry thought you meant had an offer for sale & somebody that wanted to rent it. Hardly trying to catch you out. Well done in finding somebody mad enough £20k+ a year for a flat.
  10. Somebody nut job is willing to pay FULL asking price, yet the vendor is considering renting it out instead.
  11. Marketing it along with another agent it seems. And for a client that lives in cloud cuckoo land as he thinks it's wise to raise the asking price from £425k to £450k. Good luck with that one! only takes 1 person with far more money than sense to buy it I guess Almost half a million quid!
  12. Yes paid £220k in July '07. Spent £15k on it. Sold in May '08 for £200k. And could have been much, much worse. Actually starting to feel sorry for the guy that bought it.
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