fodder

I heard, can't remember where from, that Clapham Junction has some sort of tax on all trains that pass through (apparently added by Maggie) making it a nice little earner for the council. Of course, it's probably a complete myth...

I have noticed a still dwindling supply in Fulham and agree that asking prices seem to be higher (only a feeling rather than fact). Property Bee reports 3 properties actually increasing their asking price. I know one was due to the vendor being 'a bit strange' (Quote from the estate agent). Not sure on the others. Personally, I've pulled out of viewings this week after making appointments in the week only to be told by Sat they had gone under offer. I don't understand it! I'm keeping an eye on land registry data to see what properties are actually going for. Estate agent has repeatedly told me they are going near asking but I'm not sure I believe that. I'm trying to hold my nerve and convince my wife this is a spring bounce. An agent told me that Fulham traditionally does some 60/70% of business in 1st half of the year, so I'm going to sit the summer out and see what will happen in Sept/Oct or maybe early next year. I saw another thread suggesting supply was increasing elsewhere, maybe that will happen in Fulham as vendors see prices stabilising so they put their property (back) on the market thus causing a fall. (Fingers crossed) Olala - Interesting idea about buyers getting together as I'm in the same boat as you. Unfortunately, I don't have a solution but I would be interested in anything that stopped prices being driven up.

Thanks for that. I'll check it out with a couple of cans of air freshener.

Nope, pretty sure I didn't say/infer that - I've been looking/waiting for about 18 months and was about (i.e. yesterday) to offer 20% below asking on a property but was told it had gone at asking price.

Another Fulham anecdote: I've been looking for 3/4 bed house in Fulham for a while and have been told in the last few days that properties are going at or even above asking. Some are going within a few days of being put on the market and now vendors are holding out for better prices. Of course, everything estate agents say needs to be taken with a huge dose of salt, but as someone hoping for much bigger falls, this is far from good news. My guess is the lack of supply is pushing up prices as more buyers chase fewer properties. I'm sure it'll only get worse over summer. Time will tell if this is a permanent upward trend or just a blip.