jasonpistol

walthamstow: 11 entries 2 reductions 6 new to market 2 back on 1 unknown

http://www.standard.co.uk/business/business-news/third-float-pulled-as-fever-dies-out-9649107.html "Residential developer Urban Exposure today pulled out of its £500 million London float, citing the “prevailing IPO backdrop”, the third property firm to withdraw in as many months." or could it be the oncoming crash?

there has been a steady build of of supply in the areas of london i'm watching since april however, this has started to dry up a bit over the last couple of weeks hopefully its just a blip

and walthamstow

it does seem like the market for used houses was driven by a small number of ill informed bomad types i'm seeing loads of price cuts coming through and houses coming on at lower prices

rome wasn't built in a day the journey of a thousand miles begins with the first £30k off the inflated asking price

not necessarily sentiment

"The majority of our properties are sold within 48 hours after an email launch so don’t miss out on your chance to secure proven high returns" those famous words

i think the mug who bought them has completely miscalculated the market and is going to end up losing a tidy amount of the money that s/he inherited

when looking back at the 2014 bubble in years to come i think this may be the stand out transaction for me... http://www.dailymail.co.uk/news/article-2711773/Three-garages-without-planning-permission-Wandsworth-sell-500-000.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490

EU QE to follow??

thanks for pointing this out didn't know that influences the "value" will hopefully feed into the downward spiral to come...

also, if we lose scotland this year and leave the eu next parliament these london predictions will be meaningless

yeh, wasn't having a dig at them i'll be depending on those 17 kids to be paying for my state pension in a few years just wondering how much they could borrow

don't forget this article is designed for daily mail readers

The family of 17 is collecting around £55,200 a year in state benefits – on top of the father’s £21,600 wage, giving them a total annual income of £76,800 a year i wonder how much debt they can get post mmr

indeed tis merely a dead cat bounce

hahaha more like want to lose over £10k a week

and speaking of leyton this little baby just popped up http://www.rightmove.co.uk/property-for-sale/property-44787937.html £75k off in 6 weeks COME ON ORIENT!

maybe its that the mortgage seekers started the ball rolling by being temporarily locked out due to mmr cash buyers and investrors followed once they saw prices falling mortgagees are getting approvals again but its too late the sands have shifted the smart money talks

bbc are on it too http://www.bbc.co.uk/news/business-28542799

probably nothing of any interest

leyton is one of the areas i'm following 70 listings for 2+ bed houses on 20 May 2014 on RM 110 today nice build up of supply but they're still coming on for joke prices

indeed, everyone i know still thinks house prices are going up and you have to buy now or miss out forever

went out drinking in clapham last year was impressed by the public transport links not impressed enough to pay £435k for a one bed flat though