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About gmang

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  1. My partner and I have been searching off and on around London for our first house for a couple of years and have even made a few offers, usually £250k for £280-£300k houses, but have been laughed off every time. So we've decided to wait until after the olympics to see if that changes anything. What are people's views on this? Surely if nothing else it will flood East London with new flats in the olympic village, instantly making the 5+ yr old new builds around Stratford cheaper, plus the lack of incentive for B2L to rent out at high rates to tourists or competitors during the games. I always say change is just around the corner, but I think the best hope is waiting until Q4 this year. I've waited long enough!! -G
  2. Just one more - a window tax evader? http://www.rightmove.co.uk/property-for-sale/property-35006816.html
  3. Superman's overpriced home? http://www.rightmove.co.uk/property-for-sale/property-31538767.html
  4. This place is literally a stones throw from the Murder Mile. http://www.rightmove.co.uk/property-for-sale/property-33543713.html?premiumA=true Wide people need not apply.
  5. This reminds me of another EA trick I managed to rumble them on. My partner and I were viewing a property with a local EA that had been on the market for a couple of months. We were very flexible about viewing times as the place is just round the corner but the EA insisted on us being there at 10.30am a few days later. Of course, that was when he had lined up others to view the place at the same time. We ended up not taking the place but a few weeks later we arranged to view another place but I rang rather than the missus. Lo and behold, one of the same couples were viewing the other place at the same time too! Maybe it was just a coincidence, but I couldn't help thinking the other couple were plants to make us think there was interest in the place.
  6. Forgot to add, the last time it was up it did actually sell: 04/03/2011 £84,000 The flipper has installed a sofa, some trash and painted. Well worth the £10k profit!
  7. This old post has been spruced up with a lick of paint and some new photos... worth a second look: http://www.rightmove.co.uk/property-for-sale/property-19221504.html It remains my favourite.
  8. Such a shame the LL eventually coughed up, I was really hoping to see the rightmove link to the forced sale! Congrats on the good result though, and it would be nice to better publicise this so that the BTL crowd know that us tenants do have rights!
  9. Phone the estate agent and ask for details of which deposit protection scheme your deposit is protected by, then make it clear that you will be starting a dispute with them. This alone was enough to make my last LL cough up the "standard deduction". Better still, if your deposit has not been protected then it's time to cash in - submit a N208 claim for deposit non-protection and you are entitled to 3 x your deposit amount regardless of any dispute on deductions. If the LL doesn't pay up then you could end up with their house (see: http://www.housepricecrash.co.uk/forum/index.php?showtopic=146492). Good luck, and let us know how you get on.
  10. With the proportion of cash sales being around 40% now, almost double the norm, the regionally-biased mortgage provider indices are becoming even less representative of real house prices than they were before. I'm thinking that the land registry is the only thing left that means anything. The Haliwide indices are little more than an advertising ploy for their financial services. -G
  11. This property was on the forum before but I can't find it. Just noticed the change in the EA discription: OLD: BUSY BUSY ROAD. TURNED DOWN FOR PLANNING TO CONVERT INTO 2 FLATS. VIEWING NOT RECOMMENDED IF YOU HAVE A CAR AS NO PARKING. NOT VERY ATTRACTIVE FROM THE OUTSIDE. STUD PARTITIONS EVERYWHERE. USED TO BE PART OF A SHOP. COULD DO WITH A GOOD PAINT JOB BUYER BEWARE HARD TO SELL IN A TOUGH MARKET NEW: We are delighted to offer this 4 bedroom 3 storey flat with many original features, with 2 bathrooms, gas central heating, let on a A.S.T but can be brought with vacant possession, no chain view early to avoid disappointment, close to local amenities and transport including rectory road British rail Proof that EAs are full of sh1t? http://www.rightmove.co.uk/property-for-sale/property-29188177.html
  12. Just to make the point - the UK and US home ownership percentage is pretty much the same, and the UK is pretty much in the middle of the list: http://en.wikipedia.org/wiki/List_of_countries_by_home_ownership_rate Why not single out Spain, Italy or Norway, all developed countries with higher home ownership rates? I find the argument of far eastern or Arab investors influencing the market a little hard to believe. There are no oil-rich Qatarians buying up the overpriced terraces in Walthamstow! Maybe they explain the price of town houses in Mayfair but that is a market that has always been out of reach of 99% of Londoners. What annoys me most, as a member of this priced-out generation, is that if I held my public sector job in any other town or city in the country then I'd probably be able to afford a nice house but in London I feel like I am in the 25th percentile renting an overpriced 1-bed flat for a £k a month in Z2. Truth is, there are plenty of lower earners that me and I have no idea how they survive.
  13. So the place got another reduction, down to £350k before going SSTC. It briefly made the front page on PropertySnake due to the 26% reduction. I'd be interested to see what it went for, if it doesn't come back on the market that is. The flipper paid £260k, spent who knows what on renovations then probably sells for £90k more at the very most. Factoring in all the charges involved in selling, I'm not even sure if they would break even. The place looked pretty derelict on the Streetview so they would have had to spend substantial time and money refurbishing it. Bet it comes back in a few weeks! -G http://www.rightmove.co.uk/property-for-sale/property-30837425.html
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