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Diver Dan

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Posts posted by Diver Dan

  1. 43 minutes ago, quine said:

    Last sale was 25 years ago so a completely different market in those days.  Probably under offer now for high 500s is my guess.

    Exactly, the words "Offers Over" are really not worth the pixels they're rendered in these days.

    We won't know what price it actually sells for until the completion and only then after a wait for the info to be published. At the mortgage company, the computer night say 'no' to anything even close to £637,500.

    I've added it to my wishlist to see how much it actually goes for. Watch this space.

  2. Another Aberdeen HTB story I heard was a friend of a friend was working as a junior accountant while studying for her ACCA exams. She bought a new-build flat on HTB and everything was fine for a bit.

    Then her practice in Aberdeen had to make job cuts and the only position she could find at her level was in Edinburgh. She wasn't able to rent the place out or sell it without making a huge loss that would wipe out her deposit and then some. She apparently felt a lot of resentment against her family whom she feels put undue pressure on her to buy the place.

  3. On 17/08/2018 at 11:29, Diver Dan said:

    Rightmove sales for June are out now

    https://www.rightmove.co.uk/house-prices/detail.html?country=scotland&locationIdentifier=REGION^4&searchLocation=Aberdeen

    345 sales, the same as last month.

    ASPC sitting at 6219 for sale right now and 774 to rent.

    Citylets has 1392 to rent.

    Citylets has fixed the funny bug that prevented you from searching directly for AB15. You could previously see places there by searching for Aberdeen but couldn't filter that particular postcode. None of the other postcodes were affected.

    Rightmove sales info for July is out.

    https://www.rightmove.co.uk/house-prices/detail.html?columnToSort=DEED_DATE&originalIncode=&outcode=&incode=&country=scotland&locality=&buildType=1&propertyType=0&landRegTenureType=ANY&year=30&radius=0.0&sortOrder=descending&locationIdentifier=REGION^4&referrer=detailPage

    410 sales in Aberdeen that month.

    Currently 6176 for sale and 716 for rent on ASPC.

    1303 to rent on Citylets

    Aspc's total for sale has dropped slightly from the high-water mark of just over 6200 in the last few weeks as it did last year. I think we'll see this number decrease steadily over the next few months before it starts to rise again for Spring Bounce 2019™.

    Any thoughts?

  4. 1 hour ago, Warwick-Watcher said:

    Has rush hour been changed by the new western relief road as well? Or is that another multi-million pound white elephant courtesy of the government?

    Time will tell, the whole AWPR road isn't fully open yet, just the section from Parkhill to Blackdog and the Balmedie to Tipperary route so far. Once it does open, I expect it will have a bigger effect on diverting traffic away from the dual-carriageway between Charleston and the Brig'o'Dee than with the Wellington road.

    The harbour extension in Nigg Bay looks to be a huge project but few people mention it.

  5. 1 hour ago, Kilham said:

    No. but they'll have though it's better to have some skin in the game rather than rent and watch the house they wanted get further out of reach anyway. This whole mess is causing thousands to make unwise decisions.

    Even in 2015, there were still plenty of very nice 2+-beds within a short distance of Cove which could have been bought with a £10k deposit and a <=£150k mortgage. They were hoodwinked by marketing claptrap about getting on the ladder and HPI forever.

    In two years time, the the government are going to come looking for their HTB loan, the kid will be nearly ready for school (and will certainly be starting to take up a lot more space), meanwhile the parents might be wanting another child. I don't envy them one little bit.

  6. 3 hours ago, popeye1 said:

     

    Quote

    The idea was that they would stay in the flat for a few years while saving for a larger deposit. Then, when they sold the property, they could use this, plus any profit they had made through rising house prices, to afford a new home.

    I feel sorry for them, it's pretty awful to slowly realise that you've made a horrible mistake. But they really should have done their homework. If their two-bed had risen in price, did they really expect a three-bed to have remained the same?

  7. 11 hours ago, shackleford said:

    Following up on an earlier discussion, I spotted some actual demolition at the weekend - the two blocks directly looking on to Great Northern Road opposite Evans Cycles at the Haudagain roundabout are just a pile of rubble now.  My taxi went down the Drive and left at the roundabout so I got a good view of the other houses round there.  Lots of doors / windows boarded up but a few signs of life (washing hanging over balconies etc).  Pretty grim part of the toon though.  

    They are putting in an extra road through that part of town to try to relieve a bit of pressure on the Haudagain. It's pretty dramatic looking but hopefully it will work.

     

    haudagain-2017.jpg

  8. On 05/07/2018 at 11:19, Diver Dan said:

    Latest Rightmove figures are out

    https://www.rightmove.co.uk/house-prices/detail.html?country=scotland&locationIdentifier=REGION^4&searchLocation=Aberdeen

    345 sold in May but none in April. Obviously some sort of mistake but it does increase my doubts about the cromulence of Rightmove as a statistical source.

     6112 for sale on ASPC and 784 for rent and 1409 for rent on Citylets at this moment in time.

    Various Q2 reports should start appearing fairly soon too.

    Rightmove sales for June are out now

    https://www.rightmove.co.uk/house-prices/detail.html?country=scotland&amp;locationIdentifier=REGION^4&amp;searchLocation=Aberdeen

    345 sales, the same as last month.

    ASPC sitting at 6219 for sale right now and 774 to rent.

    Citylets has 1392 to rent.

    Citylets has fixed the funny bug that prevented you from searching directly for AB15. You could previously see places there by searching for Aberdeen but couldn't filter that particular postcode. None of the other postcodes were affected.

  9. 1 hour ago, shackleford said:

    Funnily enough, I was browsing through the new properties on ASPC (still creeping up, 6228....) and I spotted a flat at 45k FP.  Valued at 70k in the HR.  Ouch.  I can see the council having real problems with old tenements drifting even further into disrepair.  Unfortunately the nature of private ownership means it's really difficult to get a whole street or block emptied so you can knock it all down.  

    Quite a lot of stuff on Hardgate ought to be demolished and plenty of really grotty places either side of King Street too.

    The number of buildings with easily fixable stuff such as shrubs growing out of the chimney pots and broken drainpipes spraying rainwater directly into the pointing in this town is absolutely shocking.

  10. 1 hour ago, Riedquat said:

    It's rather satisfying sitting back when it's finished and seeing the results that you did yourself.

    Except, when you finish, you see that all the other things that need a lick and before you know it, you're living in the Forth Rail Bridge.

  11. I really hate painting but have just moved into a house with really horrible coloured stairs and skirting boards, so the colour needs to change. 

    I offered a few unemployed (but with xp of painting) friends a bit of extra cash to do my painting but they weren't interested. As a result, I'm doing it myself and it isn't as bad as I thought.

  12. 8 minutes ago, ABZ_RVK said:

    Came across a couple of properties in AB15 area which are on sale in ASPC. Seller owing it for last 10 years and now selling it for a profit of 120K above what they paid around 2008. Even after the price dropped for the last couple of years that kind of profit still seems like a good return. 

    I think I'm missing something here. Are they still on sale or have they sold yet? Unless they've actually found a buyer then there is no profit.

    Plenty of folk with nice houses in fashionable areas have beautiful pictures of their wonderful houses on property websites for fantastic prices but can't seem to find a buyer for months at a time. It's always interesting to order them 'oldest first' and check the date on the home report.

  13. Lots of lovely data to look at this morning then!

    ASPC 2018 Q2 Report is here:

    https://www.aspc.co.uk/media/1552/second-quarter-2018.pdf

    Screenshot_20180725-110053__01.jpg.a944f45a819c2f44d62ea8b6146a3b76.jpg

    Comment by John MacRae


    The figures from the Centre for Real Estate Research at Aberdeen University 
    Business School, utilising a constant quality index and based on data supplied by ASPC, demonstrate that the local area housing market is still sluggish. The figures indicate that “the change” in Aberdeen City and Suburbs is no change but the trend demonstrated by the annual house price change continues to be negative.

    After a poor first quarter, adversely affected by extremely poor weather, there has been an increase in activity, as we would normally expect in the second quarter. Sellers are being more realistic in tying up deals around Home Report valuations in many cases. Confidence in the market seems to be steady as sellers are continuing to place properties on ASPC, with a normal level of insertions being experienced. New insertions are being marketed on realistic values and this is now the time for those who have had a property for sale for some time, to consider with their agent revisiting the Home Report valuation and perhaps taking a realistic view on the market value of their property.

    The background economic situation continues to be slightly more optimistic with announcements of additional activity in the North Sea coupled with continuing Brent Crude price levels maintaining a reasonably healthy level.

  14. 7 hours ago, spyguy said:

    Im not sure.

    They are reliable but grossly over heavy for what I want - roam around a 100m radius basically, some road, some rough.

    I have a 1st generation Suzuki Vstrom 650 and it is pretty much a consummate all-rounder. 

    I've even taken it round a few logging tracks in the forest near Oban (when it was still on Anakee 3s, I'm currently on Road 4 Trails) and while it was a bit heavy, it still managed everything apart from deep mud. 

    I've taken it on long runs down to London and across to Ireland too and it's not let me down yet.

    I really like my bike ?

  15. Citylets 2018 Q2 report is out today:

    https://www.citylets.co.uk/research/reports/property-rental-report-scotland-2018-q2/

    “Demand has been gradually growing for rental properties in Aberdeen and Aberdeenshire,

    however there is still a lot of supply. This time of year is always busy in Aberdeen city with students looking for properties for the following term, however it will likely cool off towards the end of September. There is little doubt that the oil price being at a steady 70/75 Dollars a barrel is helping demand for rental properties. We should start to see more oil and gas professionals returning to the city and shire looking for properties to rent if the oil price stays in this region.”

    Currently 1409 properties to rent on Citylets, 792 for rent and 6147 for sale on ASPC.

  16. Overheard in Union Square today,

    Quote

    The price of houses hasn't come down, it's just taking longer to sell.

    ?

    Also an acquaintance I mentioned before who was selling a flat that "has been a great BTL" just took it off the market with one EA (where it had sat at FP £145K with seemingly little interested buyers) and back on with another at OO £143K and a repaint. Because let's face it, it's the colour of the wall and the lounge at three whole thousand pounds that was keeping people away.

  17. My auntie's hairdresser's first cousin's ex husband's car mechanic used to pal around with someone who used to go to school with him.

    As I am obviously a close family friend, it would be quite improper for me to comment any more on this issue  except to say, "Erm. Why is this even in the news? I know it's the Daily Mail but even so it's a bit of a tenuous link to celebrity."

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