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Pi88edoffoftunbridgewells

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About Pi88edoffoftunbridgewells

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  1. It is not surprising that legislation encourages HPI. As an occupation MPs seem to have a far greater exposure to property speculation than almost any other that I have heard of (excluding the obvious such as property speculators etc). Take a look at this latest gem from today Sunday Times. If its true then it is yet another damming indictment of how poorly our MP's are serving us . A LABOUR peer who lives in the East End of London has claimed about £100,000 in parliamentary expenses on a flat in Kent that neighbours say has been unoccupied for years. Baroness Uddin, who worked closely wit
  2. All so often I have read threads that highlight the issue of “sellers refusing to accept the reality of the HPC” and “sellers chasing the market down”. I've also seen a great deal in the press about how ‘x’million are facing negative equity’ Whilst browsing the Rightmove site in conjunction with PropertyBee (genius little browser add-in that it is) I am struck at how so many houses have been on the market for almost a year but have hardly been reduced in price. None of this makes sense since logic dictates that most sellers would be happy to heavily discount for a quick sale so as to trade u
  3. Similar in the Telegraph: http://www.telegraph.co.uk/finance/economi...5-per-cent.html Quote< People who bought buy-to-let flats are expected to “begin panic selling” and the average home value could drop below £100,000. The predictions in a 298-page report from Numis Securities, a City investment bank, are the bleakest yet on the deteriorating state of the British property market. House prices have already fallen by about 20 per cent over the past year. However, in the note written last month, Numis said: “Despite UK house prices already having fallen 21% from the peak, we do not bel
  4. I like this "premium listing" Wed Mar 11 22:56:50 2009 * Price changed: from '£425,000' to '£399,950' * Status changed: from 'Available' to 'New Price' Fri Dec 5 19:06:29 2008 * Status changed: from 'New price' to 'Available' [Found by southlodge] * Subtitle changed: 3 bedroom semi-detached house [Found by southlodge] Fri Nov 7 13:57:52 2008 * Price changed: from '£439,950' to '£425,000' [Found by southlodge] * Status changed: from 'Open to Offers' to 'New price' [Found by southlodge] Fri Oct 17 17:49:59 2008 * Status changed: from 'Viewing A
  5. Hi Kman, I don't want to appear rude but...... being evasive regarding giving a location for this 'pot of gold' that your 'friend' has invested in makes you look a little trollish.
  6. Yes! http://www.marketingmagazine.co.uk/news/88...administration/ Quote: The Observer Standard Newspaper group, the regional publisher of free newspapers, is searching for a buyer after it has fallen in to administration. The company publishes newspapers in Warwickshire, Worcestershire and the West Midlands. It also publishes online news sites and local magazines. A spokesman for the group said it has been suffering from the decline in advertising in the region, particularly residential property advertising. Local newspapers = Spin, vested interest
  7. Snip <The house prices here are insane, and haven't really fallen by much at all. The only reasonably-ish priced places are in bad areas. Average house price here is like £180,000-£200,000. > A quick search on rightmove shows over seventy (70) 3 bed houses priced at less then £170,000 and most (according to propertybee) have been reduced. Ive attached an example below. Assuming that the vendors will take offers at an additional 10% off, I would not think that you would have any problem finding something at around £150,000. Sat Feb 21 12:18:47 2009 * Price changed: from 'Offers i
  8. Hi Grills, Could you mention which town/city or postcode you are talking about when you say that most good quality houses are going for 15% less than peak?
  9. Sorry but your points (those that can be checked) do not appear to be correct. Ive done a quick check of the rightmove web site; It lists 230 two bed properties for rent. The most expensive is at £995, the cheapest had its price reduced at the end of feb to £380. The average (£690) seems to be a lot lower then you suggested. Furthermore, a quick scan with propertybee highlights that approx 20% of the flats have recently reduced their asking rent by £300-500 per annum
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