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House Price Crash Forum


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About Possom

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    HPC Poster
  1. A few months ago here the general concensus appeared to be (at least this was my perception) that NI house prices would continue to nominally increase over the next few years. According to this there could be 6000 job cuts. http://www.u.tv/News/Budget-could-lead-to-6000-job-cuts/cef3924f-858b-415f-9594-781a42426bdb I don't know to what extent this is realistic or scare-mongering. Nominally do you think NI house prices will continue to increase?
  2. Considering there would quite probably be cuts to civil service jobs, on which NI is heavily dependent, how would you foresee this impacting on Belfast house prices?
  3. The prospect of direct rule has recently been mooted: http://www.bbc.co.uk/news/uk-northern-ireland-29467334 Considering the cuts which would be introduced if that were to happen, how would you expect this to affect Belfast house prices? Similar cuts have already been introduced in England, though, and as far as I'm aware, nominal house prices there have continued to increase.
  4. Have any NI results for the quarter ending September been published?
  5. Some property listings, eg those below, state that the property is 'sold as seen'. http://www.propertynews.com/Property/Carrickfergus/1189RR200708893/47-Sunnylands-Avenue/291412049/ http://www.propertynews.com/Property/Larne/MBS670945/2-Drumnahoe-Manor/291412049/ Surely all houses are 'sold as seen', so why put this in the listing? Does it have any real meaning, which distinguishes it from any standard sale?
  6. If the stock is to be transferred to another social housing organisation, then most probably it won't.
  7. Why is that? That appeared to be, per the article, what was going to happen.
  8. I read recently in the Belfast Telegraph that the NIHE are at some point to sell off all housing stock. Apparently this is some 89,000 homes. Presumably the sale of so many houses must have a massive downward pressure on NI house prices. What are your thoughts on this?
  9. How could the conveyancing by a solicitor lead to a defective property title?
  10. Hi if you're still looking an electrician i can help you out, registered electrician and can provide portfolio and free quote.

  11. Would anyone here have an opinions on both the costs of installing and also the costs of running heating in a terraced house if installing either gas or oil heating? Is there much difference in installation/running costs of gas v oil (particularly in Belfast)? Thanks!
  12. Would anyone here have any recommendations for either a plumber or a properly qualified electrician who could completely re-plumb or re-wire a terraced house in Belfast? Thanks!
  13. I had been wondering if an owner occuper of a house (not a new build house, and not an apartment) pays ground rent, then decides to purchase this. Meaning they no longer have to pay any ground rent. I think once purchased then, the property is considered freehold. So as far as I'm aware, when at some point in the future the owner occuper sells their home it is sold as a freehold property. This means the new owner also does not have to pay any ground rent to the previous owner, or in fact to anyone. As far as I'm aware, this is correct...
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