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House Price Crash Forum


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Posts posted by rentforlife

  1. Brighton is crazy. And most of the south and south-west are not too far behind.

    Only really bad areas around here are a bit less absurdly priced. But you wouldn't want to live there.

    If you are in the north, you are very very lucky.

    Agreed. Brighton can be as expensive as it likes - its a hovel! I just wish the rest of sussex was more realistic price range.

    Can anyone remember when the last "north/south" divide re property prices was touted regularly on TV & in the press? Just wondering if we might see a return to this?

  2. I know, that's what surprised me. Despite this huge amount of over-reacted fear from "nuclear" anything , the people still prefer that to new houses! :o

    I guess that a nuclear power station on their doorsteps creates lots more local jobs & potentially more people wanting to move into the area for those new jobs.

    At same time NOT building new housing means the houses that are there fly up in price irrespective of whether they glow flourescent green 24x7

  3. These people travelled miles to protest against a new town:


    They are fecking [email protected] No 2 ways about it.

    And the price is NOT irrelevant actually. If someone paid £300k for a house in 2006, I can understand a bit better his/her NIMBYism than from someone who paid only £30k for a similar house 20 years ago.

    And if you, or I, act in the same way in the future, then you or I will also be fecking [email protected] I won't.

    Just had a look at their blogsite. I know we all look after number 1 first and foremost, but it beggars belief local planning & government bow down to pressure when we clearly need new homes building in significant numbers.

    Probably the only time Ive ever agreed with anything that came out of John Prescotts mouth...

  4. Might be off topic, or relevant, but Ive noticed a lot of EA boards going up in my area, which dont have "for sale" on them - rather the name of the EA plus advertising some school fete or similar event.

    What gives? Are these properties for sale, or are the EAs now having to diversify by running an ad firm where they charge local schools etc a fee for advertising local events?

  5. No - what you are talking about is sadly all too regular in west sussex - its a supply and demand problem - not enough houses for sale & too many buyers.

    At the end of the day if people are offering full or close to full asking price then you will always get turned down. If you can afford to wait, then wait & hope that price reductions start to filter through to West Sussex. Problem is compounded however with limited rentals available - I had to recently accept a 10% increase on my rent.

    Where specifically are you looking?

  6. So back to OP - are house prices on verge of a major crash?

    Sadly, I dont think so - no sign of interest rate rises this year, little or no construction on the go, ensuring that availability remains low. England & particularly the SE is a very different place to Northern Ireland, or USA.

    Those flats that are built however, continue to be snapped up by the BTL brigade - as those are the only ones banks will give mortgages to...

  7. I can understand why they want to prevent foreign nationals from opening these accounts: after all, the NS&I fixed-rate bonds offer significantly better rates than any private sector banks will, and thus are effectively being subsidised by the taxpayer.

    However, asking for this level of proof says to me that the government does not believe that having an NI number is reliable enough proof of identity/eligibility. This says to me that either the private banks' checks are too lax, or that the NI number system is broken.

    I think the OP was referring to how Estate Agents are "acceptable certifiers"!!!!

  8. I listened to her and the debate on Radio 4 this morning. The woman is an idiot - she used it as an excuse to ridicule John Prescotts plans he hadback in the day to build 900,000 new homes in the South East of England, rather than saying anything useful.

    No mention re limiting commercial builds even though the commentator tried to get her to answer on that. She also admitted that they had zero powers to change policy or enforce anything anyway "oh only the water companies can enforce a hosepipe ban" & "when theres a drought delcared, then we get round the table with water companies & users of water to see if theres anything we can do to help - we dont tell them what they must do, because we cant"

  9. I would favour Merstham & Redhill over Brighton any day. Brighton cannot cope with the influx of tourists, stag & hen parties etcetc and as a result is a dirty un"kemp"t town (hope you get the pun!)

    Reigate lovely town centre, but very expensive & not ideal to commute from - train links are essentially a branch line which runs to redhill. also "independant" shops generally means overpriced...

    Redhill is ok - much better than suggested on this thread.

    Merstham is a village - there is little there. There are some very nice properties & private roads in Merstham, so again take what has been discussed here with pinch of salt. also, a fantastic (public, but spaces are available to state educated) school in the catchment area.

    Horley is like a ghost town these days - high street is essentially a load of charity shops & not much else.

    Horsham, lovely - my home town so very biased! extremely overpriced, but I believe this is down to lack of any serious development in the past 10 years. There was some talk of building 500 homes in Southwater, but was defeated by the NIMBY brigade.

  10. Horsham is a very expensive town to buy in. It needs serious development to affect property prices. I rent in Horsham & there is very little available to rent - the demand oustrips supply & house purchases are of similar trait.

    That Trinity Square is a poky little development the wrong side of the train tracks to the town centre - you have to go significantly round the houses to get to the town. been monitoring prices since last year & theres not been any reductions in prices. Good property sells for full asking, the bad stuff doesnt until reduced...

  11. and how many one bedroom slave-boxes were built in the last 10 years in town centres around the country?

    ahh but they are all "owner occupied" by FTBs stuck in negative equity, rather than social housing ;)

    I think this is a good thing though - for too long the private landlords have been able to hike up the price of private renting vs social housing renting...more social housing available with more rooms means that there will be more competition!

  12. We can all point the finger at the Labour government, but seriously how much impact has this new government had on the benefits culture??? I overheard conversation in local pub - 2 40ish gents both long term out of work moaning about immigrants taking all our jobs, while they supped their pints & went home drunk. "Im not working for same money as those greedy Polish - Im better off on the dole"...

    Until government stop subsidising these people nothing will change. You can blame immigrants, but end of the day they are doing the jobs that the lazy workshy simply cant be bothered to do.

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