Peter Hun
New Members-
Posts
12,424 -
Joined
-
Last visited
Content Type
Profiles
Forums
Events
Everything posted by Peter Hun
-
Apparently after lying through their teeth about the reasons and advantages of leaving the EU, they now are intent of pushing the fantasy that our relationship with the EU will continue as before - http://www.telegraph.co.uk/property/abroad/forget-the-english-seaside-buy-on-the-french-coast-for-half-the/
-
Is Prime London Crashing? - Merged Threads
Peter Hun replied to Damik's topic in House prices and the economy
Thats the opposite of reality, PCL has been faling like a brick and with, for example an expected 80% fall in European renters, its going to get worse. The UK has lost its safe haven status due to political uncertainty and risk with Brexit, sneaky tax changes being one sign of this. -
Is Prime London Crashing? - Merged Threads
Peter Hun replied to Damik's topic in House prices and the economy
Its a public transport black hole, river on one side and nothing on the other. Having to catch a bus to a tube station is not PCL, £15k per m2, its the suburbs. Not many buses along Nine Elms, or anything else. its a desert. 1.3 mile long road with a train/tube station at each end and absolutly no option but to go along that one road. Anything east of New Covent Garden is over 10minutes from Vauxhall Tube and therefore not PCL. -
Is Prime London Crashing? - Merged Threads
Peter Hun replied to Damik's topic in House prices and the economy
Average one bed flat rent in Battersea is £1400. Any landlord in Nine Elms isn't going attain those levels of rent from real tenants. A collegue of lives in a Vauxhall 2 bed and pays £1400 -
Is Prime London Crashing? - Merged Threads
Peter Hun replied to Damik's topic in House prices and the economy
Lenders are refusing to lend on blocks with large portions of BTL, apparently (a post on MSE forum). -
Is Prime London Crashing? - Merged Threads
Peter Hun replied to Damik's topic in House prices and the economy
http://landregistry.data.gov.uk/ From 2015 there were 538 new build flats sold in SW8 (Nine Elms) From 1st Jan 2016 to End of July sales =95 Sales in May 2016 =6 Sales in June 2016 =1 Sales in July 2016 =0 How long will it take to sell the rest of the 33,239? -
Is Prime London Crashing? - Merged Threads
Peter Hun replied to Damik's topic in House prices and the economy
Its a crisis for the builders and an opertunity for buyer... or not. I wouldn't touch Nine Elms, its massivly over priced and an unappealing location. -
Is Prime London Crashing? - Merged Threads
Peter Hun replied to Damik's topic in House prices and the economy
http://www.mortgageintroducer.com/inner-london-developments-failing-gain-interest/#.V7_IyjUYvUg -
Is Prime London Crashing? - Merged Threads
Peter Hun replied to Damik's topic in House prices and the economy
http://www.mortgageintroducer.com/brexit-hitting-greater-london-property-hardest/#.V7_IxDUYvUg -
Is Prime London Crashing? - Merged Threads
Peter Hun replied to Damik's topic in House prices and the economy
This practice is illegal, EA can be prosecuted for it. -
Fraudulent New-Build Price Setting
Peter Hun replied to honeybadger's topic in House prices and the economy
How about the mortagage company, fiddling the LTV is fraud. -
Is Prime London Crashing? - Merged Threads
Peter Hun replied to Damik's topic in House prices and the economy
I saw a residential house in Wimbledon on the market for £6million, that poor commuter may want to trade down. There are apartments on the market for £55milliom near Hyde Park. £2.5million is not that special. And of course we will get rid of the bonus cap for banking darlings. http://www.cityam.com/248049/restrictive-bonus-cap-finally-loosening -
And why did so many want to stay? Ignoring them is another case of head in the sand. Except, its irrelevant, there was one question and one answer and now its up to Parliament for the next 10 years to deliver it. That Parliament may decide to ask their electorate if they want the deal given to them by their long dead elders.
-
Is Prime London Crashing? - Merged Threads
Peter Hun replied to Damik's topic in House prices and the economy
Fixed it for you. -
Is Prime London Crashing? - Merged Threads
Peter Hun replied to Damik's topic in House prices and the economy
I think your advice is being followed. Loads of new listings but... few sales..