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House Price Crash Forum

Impatiently Waiting

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Posts posted by Impatiently Waiting

  1. I’ve said it a few times on here but house prices in central Scotland have gone crazy. It really is mania time.

    Houses are going to closing within 7 days of listing. New build homes have 6-9 month waiting lists. Previously it was a slog to sell them in all but the best areas.

    Up until about a year ago houses were staying on the market for around 3-6 months. Only the best houses were selling within a month.

    This is honestly the craziest house prices have been in this region since 2007. 

  2. On 31/03/2021 at 22:37, Pmax2020 said:

    Fewer properties being listed resulting in quicker sales makes perfect sense but it’s not what I see in Scotland near me. 

    I’m pretty sure before the market shut down last March I observed something like 60% of houses listed near me as going ‘under offer’ within 14 days. Well today that’s only about 20% in 14 days.

    Our stamp duty exemptions were minimal compared to Boris’ but that’s now ended today anyway. 

    Things are about to get interesting...

    Where in Scotland?

    In and around Glasgow it’s insane. Houses go to closing with the week and for substantially more than 2019 prices.

  3. House prices up 4-5%.

    Vaccine rollout to over 50’s completed in Scotland and Ireland well ahead of England and Wales.

    Boris resigning end of February. Rushi Sunak elected as new Prime Minister.

    Euro 2021 held in all nations except England to 30-40% capacity. Wembley games behind closed doors to much gnashing of teeth.

    Brexit proving to be both a political and financial disaster for the UK with SNP & Green Party securing an overwhelming majority at Holyrood to secure a mandate for a second independence referendum.

    The unification of Ireland edging closer and closer with polls indicating almost 2/3 of folk in the North support full unification.

    Bitcoin back down to about £10k.

  4. 14 hours ago, brunobald said:

    Noticed in my area central Scotland after about a month of madness in prices and speed at which they are bought, there is now a slow down. A few have seen reductions on rightmove now asking for less than 2008 purchase price. 

    on a side note I have been following the used bmw i3 market. Prices remain strong but they are not selling. On auto trader there were around 300 for sale, this has been quite consistent for about one year. Now over the last couple of months it has shot up to 450. 

    I’m also in central Scotland and that’s really not what I’ve seen. There’s been a mini boom here with a lot of houses for going to SSTC in a few weeks for over the home report.

    If I put into right move a local area and go to newly listed then most houses listed from about two weeks back are under offer. 

  5. 4 hours ago, Blink said:

    It's recognised by all, except the extreme left wing, that the BBC and Guardian have both been infiltrated by a Marxist ideology pandering to a tiny (but previously controlling) minority.

    Thankfully, we now have a strong Prime Minister who, piece by piece, is slowly dismantling a subversive infiltration, one that is hell bent on manipulating the electorate into supporting a one world new order.

    Most now agree, we've never known such a strong government, left or right, who are on the side of the nation as a whole, and who are rebuilding national pride like no other.

    The BBC will be restructured as an organisation, the Guardian will cease to exist due to falling sales, and the EU's expansionist era is crumbling by the day.

    The louder the left shout, the more they are hurting. Their time is coming to an abrupt end.

    King hell.

    I don’t know what’s worse, that you’ve made us all read that nonsense or that you actually believe it to be true. 

    This is the problem with the internet. You can spot a nutter in the pub or out and about very easily. “That’s plenty” and away you go.

    Not so easy on the internet, sadly. On here for example you can’t tell until you’ve had the misfortune to read the muck they’ve flung on the wall. They must be sitting there clapping their faeces smothered hands together with a delirious look on their face.

    Conspiracy theorists, anti-vaxxers, flat earthers, 5G....blah, blah. Mutants. The whole lot of them.

  6. 4 hours ago, Killer Bunny said:

    The death stats are fake. Also COVID-19 is far weaker than flu. Also COVID-19 has seen a fraction of cases of H1N1 in 2009. What did you hear about that?

    Be assured, C19 and Lockdown are nothing to do with each other.

    FactsNotFear. Follow @drkellyvictory on Twitter.



    Glad you posted this, thanks. It means I can mark you down as a fool and ignore the rest of your drivel. 

    To think I could have wasted my time reading any more of your nonsense on here. 

    It would be good if more nutters could make it this evident from the onset.

    Thanks again.

  7. As I said earlier, where I am in central Scotland it has gone a bit mental. Houses are SSTC in a week or two at higher prices.

    I don’t think anyone is seeing an increase in pay to justify house prices increasing. However they’ve just experienced lockdown in a property they quite possibly find too small, lacking a garden etc and are willing to spend more to get something better.

    Plus they’ve factored in that’s there’s no holidays abroad for 2-3 years, no city breaks, no nights out, no extravagant shopping in the high street or trips to restaurants. Most folk have saved a fortune during lockdown. I know I have.

    Plus borrowing is ridiculously cheap at the moment. I’ve just signed up to a 5 year fix for 1.59%. It’s mental.

    I’m honestly not surprised prices are increasing just now. Once furlough ends and folk can’t pay their bills then things should change.

  8. Anecdotal evidence only but here in central belt Scotland houses are going to closing within a week or two and going for a good bit over home report. It’s crazy.

    A neighbour’s house went to closing in a week and sold for well over home report. That’s not really that normal here. £5-10k over is more in keeping.

    One of the folks that missed out on the property wrote a letter and posted it through all the letterboxes of the surrounding homes asking if anyone wanted to sell.

    I’m honestly not 100% sure what’s causing it. I wonder if folks being stuck indoors due to lockdown and now a lack of things to spend their money on would rather a nice home with an excellent sized garden in a great area. No holidays, fancy clothes and nights out etc. Plus really cheap borrowing.

    I’m delighted I bought back in 2016 to be honest. I was renting a poxy flat back then. It would have been torture with the four of use in a flat with no green space and one toilet. I had been waiting since 2008. Been browsing this site since then and feels like just when you think the madness can’t continue it somehow does.


  9. 1 hour ago, hotairmail said:

    Without Scotland they will always be forming minority government if at all.

    Strategically they need to get rid of the SNP. Now voters have resoundingly told the SNP they do not want another referendum and independence, there seems little point in them now. They should really be on a similar trajectory to UKIP from now on if the Tories and Labour play this right.

    SNP are the biggest party in Scotland and got 37% of the vote. 


    They got a bloody nose for indyref2 but still have a lot of support. Interestingly a lot of people that support SNP don't support independence. They like their policies apart from independence and are happy to vote for them normally. Last nights result would have been very different if indyref2 hasn't been announced a few months back.

  10. 1 hour ago, olliegog said:

    I disagree - sorry - I don't think she intends to lose but she is up against the rich and powerful who are 'manipulating' the democratic process by promising 'things can only get better' (sound familiar?) and JC is a 'puppet' for them.  I only saw a bit of the debate last night (could not stomach it TBH) and he came across as very aggressive to the other participants and inciting the biased audience to heckle and boo. Is he the right person to be our PM and represent us?   

    Sorry but I've read a lot of nonsense (and plenty of good stuff) on here but this is right up there with the worst of it.


    Is that JC that wants to nationalise various industries, increase corporation tax and the higher tax bracket? Yet you have him down as being in with the "rich and powerful". Honestly take the tinfoil off.


    I've heard it all now when JC is being called a figurehead for the rich and powerful that are somehow pulling the strings for TM to **** up the election. They probably also ensured TM didn't appear in last nights debate, produced a horrendous Tory manifesto and ultimately ensured that she looks like they've dug up Thatcher (spit) and stuck her in Vivienne Westwood to keep the kids away from the TV.

  11. People on here have their heads stuck somewhere.


    Putting in offers massively under the listing will just piss everyone off. 10% success rate is a nonsense as well. No way will 10 out of 100 low ball offers succeed. 


    Just check your local sold prices and see how many went for 20,30 or 50% under listing price.


    I'm in Scotland where house prices have been pretty static since 2007. I've been looking at rightmove near enough everyday for my area and also check sold prices when it is updated. In all that time I don't think I've seen more than a 5% difference.

  12. 14 minutes ago, delboypass said:

    Aberdeen council tax raises coming through..


    People going to be leaving Aberdeen and anything run by SNP soon..

    Couple this with Aberdeen business rate rises and the place will be a ghost town!


    Eh Aberdeen council is a Tory and Labour coalition. It has nothing to do with SNP.

  13. 5 hours ago, giesahoose said:

    If you can afford a home and choose not to buy you can't really moan about other people who make a different decision.

    As for criticising them for taking a mortgage not many folk have ever bought outright with cash. I bought last year, I treat the interest as the rent and anything above that as effectively savings as before that what I was saving for was a deposit anyway 

    I waited for 10 years for the crash to happen and it didn't. If it happens now I will deal with it and move on but for the moment my interest is one quarter of what the rent would be on the same place and I am paying down my mortgage with the difference.

    Everyone makes their own choices and will deal with the results. The people in the article are not evil so no need for all the bile that is being hurled at them




    I don't disagree with you. I'm just questioning the term home owner. If you have a 10% deposit and 90% mortgage are your really a home owner?

  14. 6 minutes ago, TheCountOfNowhere said:

    Unless buyers stop buying.  This happened in 2007.  people were at breaking point.  hence why the sub-prime bubble collapsed.


    they can print as much money as they like but when prices reach untenable levels...

    I'd change that from prices to mortgage repayments. When mortgage repayments reach untenable levels.....

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