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House Price Crash Forum


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About tennaval

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  1. given that that 5 of the 9 members work for the bank and that one of them is their boss, rates arn't going to change until Carney wants them to.
  2. now 699,950....still a long way to go
  3. As always a two tier market is very evident in Cornwall, with the same dizzying premiums you mention paid for romantic vernacular stuff in the right place. However, there are also a lot of hefty price falls among the middle ground that have been priced more in hope than expectation. Two recent examples: http://www.rightmove.co.uk/property-for-sale/property-35120715.html Reduced from £900,000 to £650,000 http://www.rightmove.co.uk/property-for-sale/property-47671172.html?premiumA=true Reduced yesterday from £595,000 to £535,000
  4. Misunderstanding alert. Jackson Stopp Spliff confusing Rock Road TR18 with Rock PL27..... http://www.rightmove.co.uk/property-for-sale/property-35304300.html Average price for detached in TR17 : £393,755
  5. Malibu meets Lower Gurnick Road Newlyn Yours for £550,000 http://www.rightmove.co.uk/property-for-sale/property-53040560.html Sold less than 2 yrs ago for 415k..... http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=34834053&sale=811558&country=england
  6. Kite flyer of the month goes to this 2 up 2 down Marazion terrace courtesy of PRH Penzance......... http://www.rightmove.co.uk/property-for-sale/property-52938008.html?utm_source=sendtofriend&utm_medium=email&utm_campaign=buying Asking price £249,950 Sold in September 2014 for £131,000 http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=44996533&sale=52445741&country=england A very cheap refurb 600 sq ft + attic
  7. @ 750k... looking at local comparisons and precedents...circa 300 k over priced http://www.rightmove.co.uk/property-for-sale/property-50554930.html
  8. interesting to watch this Hugh Hendry / Newsnight clip (2010) again.....
  9. "All of the large houses seem to be priced for London buyers, all large houses are astromically high for local wages. Issue is, that prices are set at the margins. So only take one London buyer making one overpriced purchase to make hundreds of sellers to think they can wait for their own London buyer. So we are seeing houses on/off sale for 5+ years." yep, agreed. 300 k plus properties largely bought by retirees selling up in South East, Bristol etc. And as you say bidding up the few nice places, which heightens seller expection across the board...and forces agents to price high to get the instruction, this explains the absurd kite flying of so much dross.....It's always been like this in west Cornwall at least as far as I can remember, where average wages which can't be more than 15k, continue to stagnate.
  10. Glimpses of Hayle estuary..... On its way down from 795k..... http://www.rightmove.co.uk/property-for-sale/property-47791813.html?premiumA=true
  11. Heres a beauty to start with.....conveniently situated on the B328 for easy access to Camborne...a snip at 700 k.... http://www.rightmove.co.uk/property-for-sale/property-47791813.html?premiumA=true
  12. 'In response to the figures, Campbell Robb, Shelter’s chief executive, said: “In the context of looming welfare cuts and a dramatic shortage of homes, all those struggling to keep up with sky-high housing costs will be shocked to hear that a massive £14bn has been given in tax breaks for landlords in just a year. “A fraction of this amount would go a long way towards fixing our housing shortage, and giving millions of priced-out families and young people the chance of a stable home.' (source Guardian) http://www.theguardian.com/politics/2015/may/26/landlords-14bn-tax-breaks-buy-to-let-expansion-mortgage-interest
  13. Conveniently situated on B3280, giving easy access to Camborne.....at 700k grab yourself a bargain folks.... http://www.rightmove.co.uk/property-for-sale/property-50032408.html
  14. another deluded amateur developer....... http://www.rightmove...y-43893794.html Bought for 130k August 2012
  15. Yes you're right. But given the dissent from many quarters, I think if enough political and media pressure were exerted, they would have to give a statement at least. Which would be interesting, and as far as I'm aware a precedent.....
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