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the partisan

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About the partisan

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  1. We actually looked at that house a while ago, has been on the market on and off. It's actually quite cheap compared to similar houses in the area, it's a nice house but has a big caveat: It's backing straight into a big Greggs factory, and quite noisy at night. I'm surprised it sold at all for any price, really.
  2. It's within Richmond Borough, though not in Richmond proper. About 600k and looking for a house with an easy commute into London..
  3. Is there anywhere in Richmond area that is still good value? What about Twickenham?
  4. It looks like oyu could potentailly rent out that flat for between 1200-1300, if you look at similar flats in the area. Service charge and rent is 1400/year, so that would give you between 13000-14000 gross rent. So that would give you something around 4-4.5% yield. It's not a steal, but seems reasonable compared to what you can get in most other parts of London at that price. The questions is what happens to the market in London in a few years time..
  5. Stamp duty should be replaced with a land value tax instead. LVT would cause much fairer taxation and also make the market a lot more fluid.
  6. I think that's one of the worse definitions you can have. By that definition Wembley Stadium, Richmond Park, Kew Gardens and Heathrow wouldn't be considered in London..
  7. I also found it funny how they were talking about a tiny £425000 flat in Walthamstow being "Brooklyn chic". This is what you can actually get in Brooklyn for that amount of money.. http://www.trulia.com/property/3157401331-57-Montague-St-3D-Brooklyn-NY-11201 http://www.trulia.com/property/3158523827-72-Orange-St-5A-Brooklyn-NY-11201 http://www.trulia.com/property/3155980717-689-Myrtle-Ave-2A-Brooklyn-NY-11205 http://www.trulia.com/property/3164413475-Coop-Brooklyn-NY-11201
  8. It's a great place to live with a family, if not little dull. Finding a place to rent is really difficult due to the tightly regulated market, your best bet is to use one of the relocation companies. Houses & flats are in general superior quality to what you would find in UK. Buying / selling flats in is very straightforward as there are no transaction taxes and minimal agent fees, and also no solicitors involved. Usually there is an open day followed by bids and most flats would sell within a month of being on the market. You can browse hemnet.se , I'm not so sure about houses as different rules apply for freehold properties.
  9. I used to live in Sweden (Gothenburg) before moving to London. I was able to buy a decent 1 bedroom flat for around 100,000€ with a relatively modest salary, i.e around 2000€/month 2 years after I started working. This was 8 years ago though. Flats in Sweden now seem rather expensive compared to before as well but for me the biggest shock when coming to London was rather the appaling quality rather than prices, with a lot of places having no proper insulation, being tiny/unpractical, damp problems etc, things I've never seen anywhere in Sweden. Almost all flats in Sweden also have separate basement storage and even usually the small flats are quite well planned, unlike the tiny 2 bed 50sqm flats with 2 bathrooms here. Even lot of the new builds have a very cheap feel and look like they'll fall apart in 10 years time. I love London for a lot of reasons but housing value for money is so bad here compared to anywhere else I've lived in.
  10. Compare this to how it's done in Denmark: http://www.boligsiden.dk/resultat/2a73db311bae43d7b8dd7be130bf6ac9 Google translate does a decent job if you're not speaking Danish. The listing including the Price, Price/sqm2, total internal net area, internal gross area and the plot area. You can also get detailed information like when it was built, last renovated etc UK has a long way to go when it comes to showing all the details about properties. Especially when you're renting it's impossible to see the sqm2 of most properties and when buying the floorplans don't seem very professionally done.
  11. I've noticed the mortgage rates creeping up over the last few weeks.. http://themortgagemeter.com/#/latest_changes Possibly due to the tapering off from FLS? Increasing mortgage rates must have an effect.
  12. A very well written article comparing China to 1980s Japan. The similarity of the Japanese monetary policy which led to the crash to the British monetary policy is also rather worrying. http://qz.com/198458/zombies-once-destroyed-japans-economy-now-theyre-infecting-chinas/
  13. Can someone tell me how this is possible? Tottenham: http://www.rightmove.co.uk/property-for-sale/property-29824374.html asking price 430k vs. Manhattan Upper East Side: http://www.trulia.com/property/3147122734-509-E-77th-St-2GH-New-York-NY-10075 (~430k GBP)
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