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Redknight

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About Redknight

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  1. Sound advice, I totally agree. Thanks for your thoughts
  2. So in terms of a roughly 115k semi in Lisburn that needs absolutely no work (not even decoration) you would say it's tentatively a good time to be buying in your opinion? Of course I know this is all educated guessing but I trust your opinions more than my own to be honest. Would there be any great benefit to waiting 6-12 months or can we agree the falls if any will be negligible and indeed possibly even not fall at all in the next year or so?
  3. Excellent, thanks man. I know it's rough but that adds about 12-15k on to my price including everything you mentioned and flooring and allowing 1k for everything I can't think off which will no doubt pop up. This puts the house at around 107-110K finished to a normal standard. I read somewhere that someone in the same area bought at 80K and spent similar to fix it up putting it at 95K which I think is more respectable considering I can walk into a slightly used semi with a new bathroom and kitchen and suitable decoration for 110K asking price and not have to spend 3-6 months working on it. These figures are all rough, but I'm definitely not sure the 95k for that semi appears such a good offer when the calculator comes out and the negatives regarding it's age are seriously considered. So, back to my original queries then, at the prices we are talking can anyone guesstimate whether prices will drop more than 10% in the foreseeable future? I could probably wait 6-12 months but with the possibility of babies and my wife starting a new job in August it really wouldn't be an option after that and if they are going to drop less than 10% in the next year I'm not sure the stress is worth putting my life on hold anymore
  4. Anahilt gate is in Anahilt not Hillsborough really, they're just squeezing the name in there to make it look posher, so it's just the other estate and they are starting well upwards of £400k for detached.
  5. Ye, sorry for going off on one. Nothing personal, just hate thaxton with a passion. Can I ask where you are looking at? which estate? Reference Hillsborough, I'd be interested in seeing anything that comes close to what you'd get in Lisburn for £240k in Hillsborough. You could probably double that for the same house, but I may be wrong I havent researched hard there as I assumed it was out of my league
  6. I come from Lisburn and am actively looking at buying in all the same areas you are and I think you're bonkers. Most noteably because you are buying a 4 bedroom detached property for 2 people. The more expensive your house the more you have to lose in £s if prices drop further and going by every report and advice out there they will. Thaxton is a HORRIBLE area, there I said it. Lovely looking houses crushed into a tiny space with no gardens considering what you're paying. You say you don't want to rent because it's paying for someone elses mortgage, how do you feel about paying too much for a house to help the developer pay back his loans after paying for that new road to Belfast? because that's exactly why those houses are still too expensive. Thaxton has no shops, no schools, no public amenities and you are sandwiched between Ballymacash and twinbrook/poleglass (no offence to anyone who lives there, just illustrating that these houses are not in a luxurious area) In twenty years time when that entire road has been built up and joined to milltown and ballymacash you'll still be paying off your £240k mortgage on that house. To put it in perspective, if you have to buy now like me, you and your other half would be extremely comfortable in a semi in any of the estates off the knockmore road, there's semi's there for 110k-130k that are lovely, with shops and bus routes and closer to schools, churches and playing fields. In fact there's a beuatiful detached house in there in Hollyburn Here for £190k which beats thaxton village hands down imho. Sorry to go off on a rant but you sound like you've sold yourself this house and I hate to see anyone make a huge mistake, I cringe when I see some of my friends paying back mortgages like these. So many of my friends from school bought in thaxton because it was new and they were being lazy, look objectively at what you're getting up there, a shoe box with a beautiful bow around it for 50K more than it's worth even now never mind what it may fall. Just because that developer refuses to drop further because he's having to pay off that new road doesn't mean they are worth that price. Look at Mornington, 130k for a semi, look at the brambles, limetree and moorland drive off knockmore road. Hell even look at the 2 WJ law sites on the other side of Lisburn, compared to thaxton even they are good value imo.
  7. If this is true, which I think it is, it sounds too real and angry to be rehearsed. JUST MY OPINION Can you imagine what would happen if a letting agent kicked down the door of a normal family renting a semi in Belfast and walked in on the owners sleeping in bed one morning and started threatening them and swearing at them because they didn't open the door?! Student's are somewhat lazy and young/immature at times but they don't deserve treatment like that. If they are damaging the property, which doesn't seem to be the case here then I'm sure there are legal paths to pursue this through. Unbelievable, as a small business owner I stop short of blaming the company entirely but would be very interested to hear how the employee was dealt with and to hear the company's side of the story (rogue employee on a bad day etc). It would be very interesting to hear from their other tenants to see if this is normal practice for the company on the whole or an isolated incident.
  8. I had considered the age of the house a big negative for the reasons you stated, I completely agree. Having rented and maintained a house from the 1960s for 4 years now I can tell you that old houses are both hard to heat and constant maintenance. Insulation would need redone but tiles look intact, they look concrete like the ones on my current house. I'll give a glass company a call in the morning but not sure how helpful they'll be without dimensions etc for windows. I've never replaced a window before so you could tell me £100 or £1000 per window and I wouldn't have a clue. Rate-able value is spot on £95k, listing price of the house which is spot on listed price. It couldn't be better located for schools if it tried, it's within walking distance for kids to walk to school and the one busy road had a lolly-pop man. That said, it's in a windy estate so kids would be safe to play on the streets which makes my wife happy As for re-sale, the house is a little small. It's probably enough for us but some would be put off by it, especially if they had more than one kid. The rooms are probably about 10% smaller than newer semis we looked at and one room in particular is a very odd shape although we'll just be using it for storage.
  9. Sorry, spelling mistake edit; ICS report should be RICS report
  10. Long time lurker but big fan of this site and the community My wife and I are reaching a point where we can no longer handle living in our current situation and are looking to buy. I've been following this forum for some years and watched the market in Lisburn half in value over the time I've been following the threads here, for that reason I have (wisely I feel) held off as long as I can on buying. I've had fights with in laws, friends co workers, bank managers, estate agents and just about everybody I've spoken to which always go along the lines of "now's a good time to buy, houses are only going to get more expensive from here on" followed by my rant "you're an idiot, do you have any proof to back up a single word that just came out of your mouth?" I'm sure just about everyone here can sympathize. I appreciate that only a few of you are from Lisburn, but any information you can help me with would be great. On a scale of bubble peak to bottom has anyone got a clue where we are at now in Lisburn specifically? Lisburn is always and always has been traditonally more expensive than it's outlying villages and towns (stoneyford, aghalee, dromore etc etc) so I'm aware that I will pay more for Lisburn city homes. What I really need to know is can I buy now and not ruin my life, or will waiting a few months save me tens of thousands? Some people I trust more than my in laws regarding house prices have mentioned that the latest ICS report mentioned that Lisburn appears to have stabalized more than other areas, is this correct or do you forsee more big drops in the area over the next year or so. I can handle a drop of say 10K more and still buy now as between rent and the chance of divorce I'm not sure I have much choice but if semis were to drop from around 130k average to 100k average I'd just keep fighting and renting. I have £25k saved for deposit and both my wife and I earn good money, mortgage shouldn't be a problem. We're looking at semi's around 110-130K at the moment which puts us around the 20% deposit mark and can save around £1k/month without much trouble if we decide to hold off a few months. Does anyone have a figure for average semi price in central Lisburn in 2002 to get an idea of what's normal price for the area? One curve ball that we've seen is a non-repo private sale house in the centre of Lisburn for £95k, it's roughly 1980s design and needs a lot of TLC. Double glazing throughout, complete redecoration top to toe and lots of minor DIY but nothing that would require a builder as far as we can see. Can anyone give me a very rough ballpark figure to redecorate and double glaze the average semi? I can then add that figure to the £95k to get an idea whether it would be worth the 3-6 months of my weekends doing it up to a nice standard. (it also needs new bathroom and kitchen) I completely understand that no one can really answer these questions with 100% accuracy but I trust and appreciate your insight on these matters and would love some pointers and advice.
  11. Looks promising, I've checked out the Richlea Egg site and the tree-hugger village (Ballinderry Rd) down that direction but neither appealed to me at the prices they were asking. I'll take a drive down at the weekend and see what they've got built and assess the WAF (Wife Approval Factor!) lol Thanks guys
  12. Thanks for the reply BelfastVI, That's a real shame, as a first time buyer in Lisburn I'm finding it really tough to get property at a decent price. Prices are just crazy for some reason! Are you aware of any sites or plans for sites that are selling at a respectable price? (£120K is my upper limit but ideally I'd like to buy a lot cheaper and not have a massive mortgage)
  13. With the recent fire-sale of ex-army housing in Limavady I am hopeful of something similar in the Lisburn area (Thiepval barracks), has anyone heard any rumours or notice of anything happening within driving/living distance of Lisburn? News clippings for reference; http://www.derryjournal.com/county/Hundreds-more-exarmy-homes-in.5645725.jp http://news.bbc.co.uk/1/hi/northern_ireland/8657785.stm
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