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House Price Crash Forum


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Everything posted by Nick_wacker

  1. David Mitchell in the Guardian suggesting what we need is a house price crash; https://www.theguardian.com/commentisfree/2021/feb/28/why-rishi-sunak-should-put-an-end-to-englands-stamp-duty-holiday-romance And then on Reddit;
  2. £525K to £300K , perhaps a slight flood risk though... https://www.rightmove.co.uk/properties/73401883#/
  3. House prices quite often come up on Reddit, with a "prices are too high" and below about landlords. Granted this is worldwide but UK often comes up https://www.reddit.com/r/newzealand/comments/k0n9qq/yup/
  4. Well the house has been back on for a little while. now at 180..... You can purchase using the "Modern Method of Auction" . go figure.... https://www.rightmove.co.uk/property-for-sale/property-72553648.html
  5. 20% drop on an eight bedroom house in Weston Super Mare, first on at 315 now at 250. And what is even sweeter is its ex HMO. https://www.rightmove.co.uk/property-for-sale/property-81307244.html
  6. Yep there is definitely something afoot. (south west) Number of houses within my RM search criteria is double the average of the last 4 years. (And potentially could be higher as we have several new build developments and they only list one of each type on RM) Major reductions in asking price over I would say 40% on the results, (100K reduction on a 475 house in a nice village, for example). Where there are no reduction reasonably nice houses are hanging around. whether or not this wobble turns into a crash is yet to be seen....
  7. We have a crest nicholson development near us and they are reducing the prices, on homes that have not been built yet... 31/8/2018, price changed from £360K to £350K. I have not seen this before in our area, (south west) And yes number of homes for sale is highest I have seen it, i.e. 3 miles range , from my postcode up to £400K it always hovers around the 70-80 mark, it has stood above 100 for the last few weeks (rightmove).
  8. that's not true, it can be incredibly damaging to the environment. Coastal birds eat it and apparently it reacts as a hormone adversely affecting them. And then obviously they starve. microbeads again for similar reasons harm wildlife.
  9. how on earth anybody can say we are not building enough houses now is beyond me. In the areas that I frequent they are building masses. Weston Super Mare is have an entire town bolted on to it , out where the old Westlands site was by the helicopter museum. Keynsham is getting it from both ends, big development out on the south side and another where the old cadburys factory was, (somerdale I think its called). And then Tetbury is almost getting doubled in size. People I speak to say the same thing, there is building going on everywhere, surely this is going to have an effect on prices at
  10. its ok don't worry, princess eugenie is having an "anti plastic" wedding, what the fook an anti plastic wedding gawd knows, i get a "no plastic" wedding but an anti one ? Do they employ plastic eating bacteria in the wedding cake.... https://www.theguardian.com/commentisfree/2018/aug/04/royal-family-princess-eugenie-beatrice-vogue
  11. this floaty ad pushed me over the edge an I have now installed adblock.... i was tolerating the ads before, but now the site is unusable on my laptop, it slows it to a crawl, so adblock it was.
  12. Not had one of these for a while... "Individual" 3 bed cottage, with "elevated position above the A38". Yeah right , metres away from thundering lorries piling down the hill at 50mph on the A38. No back garden to speak of. All yours for the bargin price of quarter of a mill. http://www.rightmove.co.uk/property-for-sale/property-49101456.html It has been on and off the market for years and on and off "to let", its dual agent and the other agent with their sign outside is marking it as sold... This is with triffid like weeds growing out of the gutters, funny how the main imag
  13. There are two competing No.10 petitions as has been posted on here so I think the petition to REMOVE the interest relief needs a boost as it only has 269 signatures; https://petition.parliament.uk/petitions/219416 sadly the petition to reintroduce the mortgage relief has 13078 signatures.... Reintroduce full mortgage interest relief and drop the 3% stamp duty surcharge https://petition.parliament.uk/petitions/219279
  14. just had a thought, would it help the community if we were to do massive searches and thus populate the db?
  15. I was under the impression that once the sale has been completed anything left behind became the property of the new owner, one of those small print things.
  16. I've used the one from excel experts previosuly , Buy Or Rent it seems to just boil down to your future predictions,
  17. but it would be no different than me contacting you on this site, so I 'don't see how it would contradict data protection. ( I'm bidding on a 3 bed semi). We're already on first name terms with the sellers, on our second viewing the EA did not even turn up ! , so we spent a good two hours there having a chat, so contacting the sellers seems fairly easy in my mind, its just the other interested parties... and then what you would do once you are introduced.
  18. ok so I'm doing a little bit of bidding against somebody else on a house, (Secondhand house saleperson has put this in writing so I'm fairly inclined to believe I'm not bidding against myself) and the values we're at I consider it still to be a bargin, but I think to myself what if property bee had a contact button for the righmove page for the house and essentially you could contact the other interested party. You both stand to save a fair bit,if somehow you could come to an agreement while not pumping up the price, but my thought is how the hell do you come to an agreement on this kind of t
  19. thanks for all the replies. We viewed it a few days ago and it is completely up together. Apart from being a bit dated, the current owners have kept it very clean and tidy. Yes it is prefab concrete, the house was built in 48, that much we have found. I have lined up a builder who is going to come and have a look on our second viewing. The owner said that perhaps the inner wall is made from breeze blocks and only the outside features these concrete slabs. I can see no rust stains or "spalling" as it is termed inside or outside. The only slight worry is what should be an RSJ across the middle
  20. sorry yes, I should have mentioned I've spent all last week puching concrete cancer into google. Infact it was HUTH, that orginally made me aware of this problem some nupties had bought a house with no knoweldge of this at all thinking they were getting a bargin and the presenter then proceeded to tell them on camera what the problems were. It seems there are firms that will basically rebuild your house for you and we may have to factor this in.
  21. Has anyone any experiences of buying a concrete house ? We have found an ideal house with very large front and rear gardens, with nice (brick) extensions in a nice area. It pretty much our dream, (I'd have a seperate brick built workshop, cue Vick Reeves rubbing his legs.....) But oviously the core of it is concrete, built in the 60's. Street view is showing no major problems and we're off to look at it in the next few days. We do not need to organise finance, so no mortgage faff, and we're FTB's.
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