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Bhoy

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  1. I put an offer in for £10k over valuation in Glasgow and it was "the lowest offer by a long way". I can tell you with certainty that properties in popular areas of Glasgow will sell for 10-15% over valuation (the price a surveyor has set as the value of the property). So 10-15% below the asking price isn't my experience up in Glasgow. The market is mad here - although it seems to be being fuelled by people from outside the city who are moving to capitalise on cheaper housing but a decent standard of living. Oh and before I get asked why I'm offering over valuation - 10/15% over valuation is still about £30k/£40k less than a shith#le back in Oxfordshire (where I'm from) and I'd quiet like to continue living in Glasgow.
  2. Had to in the end. My parents bought a house in the nicest area in town in the '80s. I believe it was twice Dad's salary (a panel wirer in a factory). My mum worked part time in a shop. The same properties now in their street sell to business owners, company directors, etc. I don't think they would get a mortgage for the worst estate now. Still, I love their stories about the few tough years they had in the '80s making the payments....... sigh. My grandma has a similar hard-knocks story - her and my granddad had to lodge for a year before buying their house outright for cash...... My mum always used to tell me excitedly when Bovis/Wimpy (etc) were building new houses in a nearby village - "why don't you go and have a look" (well, because it's £280k for a 2 bed terrace and if I could barely afford that, the petrol to and from the nearest town where I worked would have wiped me out). They live in a dream world. Dad always says "You wont be short of money when we we're gone and you inherit everything". Cheers dad, I look forward to living at home or paying the mortgage on a local slave box until I receive the funds at 60ish, lol. So I was priced out my home town by myself. So my ex who has two kids whose dad is a flighty weekend chalkhead wanted to buy a house together (or buy half of her mortgage, lol). Her house was on a nice estate. Sweet FA to do though and a tiny house. Her dad gave her about £40k and I was paying half the bills (inc mortgage) plus she received money from her ex - sweet life yes? I have a large (large!) deposit she had designs on. I said I wanted to buy outside of town (so away from the local area). She said we had to stay to be near her family and ex (now I've been here before and the ex would just f#ck off eventually so this is a bad reason to stay locally). She wanted to move to a nearby village or the next nicest town. I figure we'd need £300k maybe more. I'd like kids of my own so we'd need a minimum of 4 beds........ Anyway, for the money we'd spend we could either: A) Buy outright in Glasgow (no mortgage, no problems!). And live somewhere nice with lots to do. B.) Buy in the West End of Glasgow and live an amazingly life in an area one could only dream to aspire to in Oxfordshire, with a small mortgage. C) Buy a 5 bed farmhouse outside of Glasgow (she does like the country!) with a small mortgage. But Glasgow was my dream, I said anywhere but the local area.... she said no. I said let's end things. Cut a long story short, when my family realised why I had to move to Scotland (where we're originally from) I think reality hit them and they felt guilty. I'll be honest, I could have stayed in England (Leicester, etc) but Glasgow is fantastic. And my ex is angry I left.
  3. I was born and raised 15 mins from Oxford. I moved to Glasgow last year because of this type of lunacy. Apart from there being nothing to do locally (Oxford satellite towns don't have much going on) the houses prices are extortionate. And there's not much to do in Oxford either to be honest should you venture in.... a few nice bars, that's it. Last train back is usually cancelled (always engineering work), the football is dire and the university says "no" to any fun proposals for activities, shopping malls, sports, etc. The Oxford University mafia basically want to keep the town academic (and boring). Which also means expensive. The worst thing is the local girls refuse to move away from the surrounding towns (because how on earth would they survive without living on the same estate as their sister/mum/nan) so you're stuck with nothing to do at weekends and a crippling mortgage for a tiny ex-council house. Oh, and you'll be lucky to find a woman to date without kids - so not only will they expect you to mortgage yourself to the hilt to live on some horrible and/or bland estate with nothing (nothing!!!) to do but visit an overpriced estate pub, you're putting up with their ex too and subsiding her kids. And they expect you to do so. Did I mention everyone that lives around Oxford is a chalk-head too? Can't remember the last date I went on in Oxfordshire without the girl I was dating saying her ex was a violent coke fiend. Still - they thought it was a good idea to have at least one kid with him. What I think I want to say is f#ck Oxfordshire and anyone that is stupid/uninteresting/low-aspirational enough to buy there...... or stupid enough not to sell what they own and move somewhere else and buy outright with the money they made. Took me 34 years to move but glad I did. And if the property market crashes in Glasgow I don't care, I'm watching Champions League football at Celtic Park and there's plenty to do. There's worst places to be stuck.
  4. Haven't sent a thread yet - But the BBC are stating that High Street banks approved 39,507 mortgages during the month, the lowest since August 2016. They are blaming it on the rise in interest rates........... http://www.bbc.com/news/business-42502610
  5. I'm moving to Glasgow in two weeks and it was one of the few places still going up according to that report - FML, ha ha
  6. Bhoy

    Paying too much off plan

    A couple of friends of mine have paid £340,000 for a house off plan in north Oxfordshire (small market town). They didn't negotiate a discount for buying off plan, but did receive £7000 off of the stamp duty (which they were told was £8000) They paid the deposit on a credit card. People aren't thinking house purchases through and a crash wont happen. Not in the mood for being called a troll. Been viewing this forum since 2009 and it's the same old thing. There will be no crash.
  7. LondonBound has a point - anyone who contradicts any opinions on this site that go against the collective view gets shot down as a troll or similar. Honestly it's refreshing to have an objective view like this.
  8. Bhoy

    Are The Shires Crashing ?

    This is my part of the world unfortunately - it's a sh#t hole of a place, completely irrelevant town....... and I was actually planning on moving there 2011-2013 unfortunately (my ex lacked imagination). They were dreaming at £152k for this - the EAs are lunatics for suggesting it and the owners are lunatics for thinking they could get close to that. Sounds like they're trying to create competition by having an open day to drive up the final price. All gone a bit the way of the Scottish market? In 2012 you could get a large 3 bed detached house on the nicest estate in Daventry for £170,000 or less to put the price of this property in to perspective. This flat is on a congested road, the building is stained with road grime and soot from exhausts and backs on to an industrial estate (they take clever photos so you can't see that the house you've seen on Rightmove backs on to a warehouse). And it's next door to one of the worst estates in town.
  9. No. I enjoy pool, not enough for a table. Would rather use the room for something else. Certainly don't begrudge someone using their own room for whatever they want to do it in...... their room, their choice.
  10. F#ck me - slow news day guys? A.) Who cares B.) How's it vulgar and sad? It's not my tastes but it's hardly sad. Honestly couldn't give a sh#t what someone puts in their house. If they like pool and want a pool table, fair enough. I agree with the HPC train of thought but you lot don't half get bitter because someone has a bit more than you do. Get over it.
  11. Bhoy

    HOUSE PRICE PLUNGE !!!!

    Some will, some wont. My father-in-law has a portfolio of 15 flats/houses in not very choice areas. I'm not sure whether he will be able to offload them all in time before the market collapses. He had the common sense to spread them across the tri-counties surrounding where he lives.... time will tell. I actually hope he busts. Nothing personal, just don't like landlordism.
  12. What made you buy new as opposed to a year or so old car may I ask? I paid £5k for a 2006 Jetta in 2013 with 43k on the clock. I think new they were close to £20k. Paid cash, still have it. Runs great. I have never understood buying new. I put a 1 year old VW Polo on an interest free credit card in 2008 (£6k for a base model) and paid it off without having to resort to paying interest. I'm not trying to be clever, I just couldn't afford a new car or to take the depreciation hit. Well, I could afford it, I would just prefer to spend the money on other things. I have looked in to it, just could never justify it
  13. Blimey. 2020/21 - I might migrate until then and come back
  14. I honestly thought the young would vote Brexit as lower immigration would result in less wage suppression (through supply/demand of more workers than jobs), more available jobs (less competition from migrants) and lower houses (migrants renting and buying putting upwards pressure on the market), but they largely voted remain. Weird. It's like they were choosing to get f#cked over. I voted out. My GF at the time was Polish, so everyone assumed I was a remained and banged on about the 'racist' leave camp, especially when she was in my presence. I embarrassed a few people by telling them I voted leave and why.
  15. Yeh the crash isn't going to happen is it. FFS - I hope the Halifax figures state differently.
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