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House Price Crash Forum


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Everything posted by Sausage

  1. Hi, has anyone got involved in the new Pi crypto currency? At the moment you can mine it on your phone with no affect on battery/performance. Soon you'll be able to mine on PC too. If anyone wants an invite to take a look please PM me.
  2. I don't have stats to back this up (have Gov housing stats stopped!?!), but it seems that my coastal Sussex town is full of people moving down from London. If they have indeed sold up in London, who have they sold to? Or are they ex tenants, or have taken out bridging loans? Prices have gone nuts where I am, implying that London money is outbidding local money!
  3. i can't be bothered to read the articles about house prices now, i don't understand what is going on. we're in coastal sussex and all the evidence suggests people from london are buying down here, and paying 10% or more above asking prices. where do they get their money from? did they have huge savings? have they sold in london? are they taking bridging loans? it doesn't make sense.
  4. £3600 hit my bank account, after fees. job done.
  5. We did claim for the full 11 years as i only became aware in 2020, but their argument was we could only go back 6 years. Obviously some room for manoeuvre in that, but my solicitor recommended we didn't push it.
  6. £730 deposit. got 4x deposit from landlord A, and 3x deposit from landlord B. They were parents and son. The only reason i didnt get more is because the claim could only go back 6 years ... so landlord A got away with an extra 5 years that i couldnt claim for. One of the lines used in the response from their solicitor was "they're amateur landlords" - made my blood boil, as if not running it through a company allows you to shirk your responsibilities.
  7. You're right .... i bet they're fuming
  8. £3600 just hit my bank account from the solicitor. Not life changing amount, but a victory all the same.
  9. I'm gonna burn the money outside the landlords house (Google KLF £1m ha ha)
  10. No, waiting for funds, but if they don't, the court would add on fees and 10% additional compensation, so I'm sure they will. It was all done via solicitor, so I haven't heard from them direct.
  11. Other landlord now settled. In total we've got 7x deposit compensation.
  12. still waiting for the other landlord to respond, but i imagine he was waiting for our reply to the other landlords (his relatives). we now have a house with a lovely garden, i've spent 2 months knocking down sheds, digging up concrete, buying a cat and being exhausted. i've never been happier, and i'm not going to lose sleep over a few extra k that we never had ion the first place.
  13. They sent one letter to us, we accepted. I'm glad it hasn't dragged on.
  14. We've reached settlement with first landlord. Not as much as I'd hoped, but a court case would probably leave us out of pocket (as we could be seen to be acting unreasonably). Just waiting to hear from the second landlord.
  15. indeed. we had various tradesmen doing work at the rental property, and they all said he hated spending money and was late to pay. he will HATE being fined for his stupidity/laziness.
  16. I'm not sure to be honest, I'm being led by my solicitor. The landlord has some family issues, which i hope means he will avoid court at all costs.
  18. Hopefully we'd get chance to make the judge aware that the landlord evicted us during a pandemic but didn't use s21.
  19. if we get an offer i will be pragmatic (the typical settlement is 3x for first contract, then 1x for each additional one). If the money needs to be chased my solicitor does that, his fee is 30% of the compensation.
  20. yeah alright you bloody killjoy ha ha
  21. we've bought actually ... so plenty of renovations that need funding. e.g. my fence blew down on the weekend, and garage needs replacing. He's selling the house we rented (hence we were evicted), so unless he's up to his eyeballs in debt on that we should be ok. Also he and his wife have fancy cars .... the bailiffs can get those if needs be.
  22. Between £6 and £20 k after 30% fees. I actually hope it goes to court, as the judge (do they have judges at these courts?) will realise that they failed to protect deposit 13 times. As not a one off error, they could throw the book at them.
  23. We didn't ask for a specific amount, but highlighted that the court will order 13 to 39 x deposit as compensation (1-3x per contract). A sensible landlord would offer, say, 20x. A gambler would take it to court and hope the court orders less.
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