Jump to content
House Price Crash Forum


  • Content Count

  • Joined

  • Last visited

About babo456

  • Rank
    HPC Poster

Recent Profile Visitors

932 profile views
  1. https://www.eveningexpress.co.uk/fp/news/local/future-of-aberdeen-property-market-post-covid-19-will-be-difficult-to-predict/https://www.eveningexpress.co.uk/fp/news/local/future-of-aberdeen-property-market-post-covid-19-will-be-difficult-to-predict/ Apparently Aberdeen is in a good position to bounce back.
  2. NYT piece on North Sea oil. https://www.nytimes.com/2020/04/22/business/north-sea-oil-coronavirus.html I wonder how the local EE would spin some of the comments and data....
  3. I'm a first time buyer yet to pull the trigger but always looking on the local property sites. I have a decent deposit saved up and I can't see myself ever saving up so much again in my life time due to the realities of running a house/life and I also can't see myself relying on house prices rising to provide a deposit for moving up the ladder to a bigger house in the future. So I'd like to buy a home that I could be happy in for the long haul. I can afford a semi detached/at a stretch detached house. Most semi detached property in my area are council tax band D. Some are even an E which seems crazy given some houses are more of less the same size, in the same area... Anyway without continuing to waffle - would a higher tax band put you off a house that you really wanted? It seems like if I can afford a detached house tax band E is the minimum in most cases. With single person discount D is around £130ish Vs an E £175ish. A £40 odd difference p/m but every penny helps - £40 could go towards gas/electricity etc and it annoys me a bit that I could be paying an E grade to the council, for a single occupant and only get a 25% discount... But that's maybe just because I'm a grippy Aberdonian. Obviously if band prices go up - I assume the higher bands also get hit harder £ wise, so that to consider too. Thoughts?
  4. Behind a pay wall: 'Landlords vacate Aberdeen' https://www.thetimes.co.uk/article/landlords-vacate-aberdeen-over-struggle-to-find-tenants-3zjp2cdzn#
  5. Well folks I thought you guys might find it amusing that I 'matched' with an estate agent employee on Tinder. For those of you who are older - this is a dating app for those of us in society who are too ugly to approach in person. Anyway. All was going well. Until I slagged off Aberdein Co. and their BS propaganda reports of the last 3 years, with only the most recent one really beginning to acknowledge the house market is dropping and sellers have to be 'realistic' with prices - I know, no wonder I can't get a girlfriend with chat up lines like this.... Turned out she actually works for Aberdein Co.... and was most unamused at my assessment of their quarterly reports and crap they say in the EE and P and J.... Oh well, plenty more fish in the sea.
  6. From HTB Scotland website However, the buyer will need to pay back the full equity support in certain situations, such as if they decide to sell their home. The value of the equity to be repaid is based on the value of the property at the time of the repayment. I'm guessing that first sentence means you would have to pay back what the government gave you in the first place, not a percentage of what the house is worth now. https://www.mygov.scot/help-to-buy/information-for-lenders-and-ifas/
  7. Rather interesting if indeed something like this were to happen. I won't profess to understand the benefits/cons in there entirety however. I have heard back with regards to the Bayview flats in Stonehaven. 'This was the decision of the seller to set the asking price higher - because of the location of the properties they are proving popular with viewers and I think that it is the hope of the seller that he will achieve above the valuation' Stating the obvious I suppose.
  8. I'll drop them an email and see how far I get! EME, would not be the case that you bought you're let flat(s) when the prices were low, mortgage rates good for buy to let etc and have thus done well out of it Vs. Anyone buying those flats to rent out surely would need a at least a decade plus of full occupancy every month of the year to break even, going by my fag packet maths anyway. Surely much more against the buy to let or even air bnb in the current climate?
  9. The Stonehaven beach flats, the other one for sale; https://www.aspc.co.uk/search/property/381165/The-Haven--Beachview-Apartments/Stonehaven/ Offers over 240k Home report - 215k I'm tempted to contact the solicitor for fun to ask the owners why? Have they sunk so much money into it (if it indeed was a B n' b) they are desperately trying to recover costs by just making up their preferred prices? Perhaps they will get lucky and someone with some spare cash wants a holiday home but in the current climate it just seems wild asking a hilariously high amount over the home report.
  10. Just came across this: https://www.aspc.co.uk/search/property/381166/The-Penthouse--Beachview-Apartments/Stonehaven/ 53 square metres... and offers over 260k.... !!!!!!!!!!!!!!!!!!!!Home report value 225k!!!!!!!!!!!!!!!
  11. Yeah defo a record as far as I am aware. Been keeping an eye on aspc for years now and I'm sure last years peak was just over 6000. I think EME (congrats on new home) has a point about nicer homes selling fast-ish but the numbers speak for themselves, the markets still knackard and I can't see it turning round anytime soon.
  12. 'House prices and sales crumble in Granite city' Stark contrast to the local propaganda. https://www.thetimes.co.uk/edition/scotland/property-prices-and-sales-crumble-in-granite-city-wwdglsd2g Edit - sorry had not read previous posts - feel free to delete mods!
  13. Do we not need to mention proportion here, In terms of the population of the NE at half a million? Vs. Glasgow/surrounding area at 1 million? So 5000 homes on ASPC is still significant. It was 6000 towards the end of 2017. I had a look at rightmove Glasgow, 2000ish homes for sale. When I started looking to move out around about the oil down turn, from memory 500 homes were for sale. So a massive increase in supply.
  14. Just walked past the TV at work and noticed ASPC have a new advert boasting of over 5000 propertys for sale! Perhaps they know it's not going to go down anytime soon...
  15. 'People' have been telling me it's bottoming out for the last 2 and a half years......
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.