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ftb_fml

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Everything posted by ftb_fml

  1. I was looking at these recently; two 60ish m^2 two-beds on for £280k each - think one's sold now. That's the cheapest I've seen them in this area; at peak I reckon they'd have been maybe £300-310k. Doesn't look like a bad area; a long way out but probably closer to the centre than BBL and far, far less crimey although the road noise isn't great. Tbh I think West Oxford offers some of the best value; broadly similar property prices to East Oxford which is more trendy but grotty with it.
  2. IMO it's plain to see he's being conveintly scapegoated as it ticks so many convenient boxes; depriving anyone in his party with any non-neo-con-******** conviction of a leader so aiding an unchallenged return to Tory-light, and being seen to address the dubious claims of anti-semitism in the party. As is the political standard the irony is sickening; considering Corbyn is probably the most sincere, transparant and fair politician you'll find in an environment otherwise crammed with spivs, freeloaders, deviants and psychopaths. All it really goes to show is how the current Labour par
  3. I had a quick google last night and apparently The Nottingham BS offer LISAs too. But yes, I thought similar in the absence of any suitable alternatives. The gov. would probably try to get get away with fobbing off FTBs by just returning their capital and pittance interest, then hopefully with enough pressure be persuaded to reimburse the additional 25% subsidy too. I can certainly see how a media campaign and sadfaces all round outside properites that had become out of reach could push the government to give a full refund. It would be an easy human interest story and a legit point that f
  4. When I spoke to them recently they were very helpful and up front about the terms of their LISA, including the temporary / current option of a no-loss withdrawl due to Covid. Presumably they're covered by the FSCS so if they go tits up LISA holders should get their money back; the assumption being that if you wanted to keep your bonus your reimbursed funds would have to be paid into a LISA from another provider..
  5. FWIW anecdotally rental prices seem to have come down a reasonable amount in Oxford. When we moved 3 and a bit years ago we left a one bed flat less than a mile out of town for which we'd been paying £850pcm, which we thought was a score as at the time there was little on the market for less than £900-950. We moved into a 2 bed house a bit further out that was vacant, advertised at £1150pcm and for the first year I haggled them down to £995. Over the interim 3yrs there were two annual increases of £25 and the last renewal the rent was left unchanged at £1050. Now we're leaving the ho
  6. Absolutely... I think you'd have to be severely deluded to think that we're going to see a net improvement in most areas for the forseeable; if ever. The only thing that gives me any hope is the prospect of financial collapse and the ability to spend my deflating fiat on a more realistically priced dwelling before it all turns to dust.
  7. Indeed; as the traditional hedge against economic degeneration it's hard to see it as a high-risk given the current global situation. My gut tells me that many people are going to have a miserable winter and emerge on the other side with a much more pessimistic outlook than is currently the case.
  8. Thanks for your thoughts. I'll probably look to buy this week as I'm definitely in it for the long game and in the context of the current / potential future economic situation I can't see it losing in the long term; like everyone else I just want to buy in at the bottom and there still seems to be a slight downward trend currently. Otherwise I'm certainly not knowledgeable or decisive enough to bother attempting to trade over a shorter scale. In any case I think the spreads and practicality (for me) of selling physical gold make short-term trading non-viable.
  9. What are peoples' thoughts on buying in now? From hitting a peak of around £1550/oz in August it seems to have settled into a range of around £1460-1480. £1450 has been my mental buy-point but it's always a little above this and of course my number is completely aribrary. What are considered to be the largest influences on price trends in the near future? The US Election, Covid and Brexit seem the obvious big ones. Personally I think the latter two (and potentially the first) are only going to cause more economic damage, inflation and demand for hedges to counter these... although is the
  10. Anecdotally I think flats are falling in Oxford too. Overall prices in the city have broadly flatlined since the Brexit vote outcome apparently arrested all growth in June 2016 (the mean fluctuating typically between around £400-415k, with a few outliers above and below). According to the land registry data it seems that this apparently static pricing conceals a small uptick (on average) in house prices and a slight downward trend in flat prices; with the latter peaking at around £281-291k average mostly between Aug 2016 to Nov 2017, while in June 2020 it hit its lowest value (£255k) sinc
  11. I've noticed the same too; Waitrose - completely out of eggs while the small shop 200yd down the road still had stock. I think it's a sad indictment of people's solidified mindsets that even when they're panicking over running out of food, they don't even bother to check / patronise the smaller shops
  12. Apparently, although I guess that might just stop the eventual eviction rather than viewings etc preceding it. Were I that tenant I'd ensure I had a few coughing fits just within earshot of my new guests...
  13. Nice - Foxtons living right up (down) to expectations. Some nice PR to bolster their share price; which has fallen by around 65% in just under a month..
  14. Indeed - it's such a beautiful contrast between the greater-than-usual foaming-at-the-mouth VI "optimism" of their thinly-veiled marketing tool and the grim reality of what's unfolding around the country / what the market likely has in store over the coming months..
  15. Wow - FTSE down a further 6.5% already today; having lost nearly 30% in less than a month. I can't see the panic stopping any time soon either since the virus has a long way to run yet..
  16. Hopefully; although as usual I suspect what will really happen is anyone's guess as the market seems incredibly, stubbornly resileant in the face of the ever-growing myriad reasons why it deserves to crater..
  17. "Buyer boom sets scene for new price records this spring" - +0.8% MoM. A sickeningly "optimistic" piece stating rocketing new buyer interest and growth in sales as a prelude to the spring bounce; I guess driven by the "pent up buyer demand" they suggest and mis-placed Brexit-decision-driven sentiment piled on top of the usual growth in activity that's anticipated this year. While none of this bodes well in itself, I love their disgustingly chirpy optimism against the background of the unfolding global pandemic of unprecidented proportion in living memory - who in their right mind is go
  18. Thanks - again though I think a lot of that is down to volatility and it'll probably be nearly cancelled out by an up-swing next month / the one after etc. Might hopefully affect sentiment though That said, thanks to the Land Registry's new widget we can see the trends plotted over the past years; it's noisy but you can make out a trend of annual growth falling from an eye-watering 13.8% in Jan 2015 to -3.8% in Jan 2018; a fall of 17.6 percentage points over three years. Round this down to make a linear trend line fit better and you're looking at a downward trend in "growth" of arou
  19. I'm not sure if other HPC'ers are aware of this tool; it's apparently new and seems very handy for viewing trends in LR data: https://landregistry.data.gov.uk/app/ukhpi Essentially it allows you to construct graphs using all of the metrics covered by the LR data (such as property type, region, buyer type etc) and appears a pretty powerful facility for assessing trends over a user-defined period. Possibly not the first site to do this with LR data, but potentially still a useful tool
  20. Heartening on the face of it but certainly with Oxford, while there is a prevailing slight downward trend the small sample size gives a lot of variation in sold prices month to month, with a circa 3-4% swing in either direction about the mean generally. It seems that for the past 3-4yrs prices have been largely static with a slight overall decline and a lot of noise. Being of little practical interest to me I've paid little attention to the top end so couldn't comment on this; however at the "low" end flats have certainly seen a bit of a pasting - anecdotally I reckon down 20-2
  21. To be fair according to their source material Oxford's average price fluctuates between about £400k and £425k (thanks to the volatility of the small sample size I'd guess), so sadly it's old / non-news..
  22. Good stuff - by far your most welcome contribution to this thread IMO EDIT: Sorry I fed the troll, should have known better than to have taken him on his word. Perhaps if we all learn from my mistake we can get that thread back on topic...
  23. This. They sound unreasonable, greedy and self-entitled.. obviously I don't know the specifics but given the market in my area and the general consensus that new builds are always over-priced (and even moreso thanks to HTB) I'd have considered 85-90% of what they paid to be a more realistic starting point from your perspective; especially since it's potentially a "distressed" sale. From what you've said IMO any pursuit of this property would be flogging the proverbial dead horse and that these "individuals" would be best left to tear each other to pieces in a house they "can't" (won't) se
  24. Tbh I struggle to see how anyone can retain their sanity while browsing the net without an ad-blocker.. on the odd occasion mine goes down I'm shocked by the slew of distracting rubbish thrust through my eye sockets from the sites I frequent
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