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About house-down

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    HPC Poster

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  1. I would be very interested to know the rental price you are achieving and whether you used an agent and what the gross yield is.
  2. house-down

    How is this legal? Rent to Buy Mongrel

    Has anyone called the agent to find out how this is structured and what it involves?
  3. Royal Bank of Scotland paid contractors almost £400 a day to stuff envelopes, according to the Press Association. The bank said the people were hired for more skilled jobs, but were used as "short-term support" on "a limited number of occasions". It refused to say how many contractors had helped out with secretarial work. But RBS - which is 62% taxpayer-owned after its emergency bailout in the financial crisis - is estimated to have wasted thousands of pounds, says PA. Contractors who worked at the RBS offices in Manchester in certain periods last year and this year told the Press Association they were paid £330 pounds a day - excluding VAT - to help with mundane tasks such as sending PPI letters to customers. https://www.bbc.co.uk/news/business-46174269
  4. Also worth adding that I am not even sure what the Foxtons business model is - They used to be selling expensive multi million pound houses for discerning time poor clients Nowadays they are peddling council estate garbage just like winkworth and Bairstow eves - Indeed the expensive properties are now dealt with by Knight Frank or Savills and people tend to avoid Foxtons completely
  5. No one has mentioned that this low share price is in spite of FTSE 100 being at all time high and equity valuations being very high. The london market has almost stopped - I dont see much selling anymore in the area I monitor
  6. There are plenty of stupid people in the world. I would not be suprised if people did this or took out bridging finance at 1.5% a month. Suicide
  7. house-down

    House buying wisdom

    where is the evening standard article showing house price falls?!
  8. house-down

    Sentiment !

    This is one of the best posts I have seen for a very long time!
  9. house-down

    Sentiment !

    I m suprised no one has mentioned the word SENTIMENT. This is massively powerful - This is what causes bank runs and companies to collapse Its when joe public hears a rumour and accepts it and it becomes self fulfilling - Take the bank crisis - Everyone rushed to Northern Rock because sentiment turned sour I ve seen bad news about house prices in all the news for the last few weeks - Anyone thinking of buying will be put off - Anyone thinking of selling will hurry up I start to think this is actually the time when HPC will happen and I know some people have been waiting for many years
  10. Actually 24 were Withdrawn Prior So that means 67 / (223 - 24 ) which is 66%
  11. 67 lots unsold out of 223 so that means 70% sold - Not that bad
  12. http://www.cityam.com/286067/property-market-become-flooded-380000-landlords-look-sell Suprised no one has pointed out this post today hot off the press Experts have predicted that the property market could be flooded by homes for first time buyers as 380,000 buy-to-let landlords are looking to offload their property in the next year. A survey conducted by the National Landlords Association (NLA) said that around a fifth of the UK's landlords were looking to sell, and that nearly half (45 per cent) of those selling would be offloading a flat or apartment. The NLA explained that this flooding of the market would be good news for first time buyers and bad news for renters, as it may lead to a fall in the number of homes available to tenants.
  13. Was that really at lot 70 or was this atthe beginning - The auction of BM is normally packed
  14. house-down

    London House prices are being battered !!!

    Why dont you add a rightmove link so some of the people here looking for a flat can see whether they want to make an offer?
  15. house-down

    Council Tax Bill just landed

    what band and where?

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