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reggie

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About reggie

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  1. Thanks for the replies. The house is a one off - built by builder for himself, so a solid build and doesn't seem to be affected by what is happening to conservatory. Looks like a discussion with EA is on the cards and maybe a chat to a surveyor to see about costs. We suspect the vendors know there was or is an issue, but it just depends how they now react. I suspect not well, sadly as it is a nice property but we will have no funds left to rectify that size of problem.
  2. Had offer of 15% below asking accepted on property, EA informed us that vendors said that was final price, no further reductions. Fast forward couple of days; walking past property and met neighbour. He was happy to answer any questions, then told us about previous problem conservatory. This has now been replaced - about 2 years ago - so we thought fine, but then he proceeded to point out a couple of cracks in lower brick work of the conservatory and the floor coming away from side of property. (There also seems to be a patched up area next to this). The conservatory sides on to his house, so you can see in! He is a builder and watched the conservatory being built and was concerned that they didn't sort out the real issues. So what now? We are going round at beginning of week with EA so we could point issues to him and ask him to ring vendor to query any history and also if issues turned up would renegotiation be an option. We are reluctant to pay £800 for a survey knowing it is likely to bring this up if the vendor won't fix the problem or reduce price. Anybody had experience conservatories coming away from walls due to subsidence?
  3. That is so true. Viewed property last week, been on for couple of months; it is vacant as vendors have already moved. We are renting, so no chain. Property is on for £300k, we were told offers had to be over £290k, they had refused £275k! We will probably wait a bit longer...
  4. It is a busy road. Llandaff North's houses don't seem to be as expensive as those surrounding - Whitchurch and Llandaff both within a stone's throw.
  5. They had a property for sale near us, a couple of years ago - it was a part exchange property - don't know if they just deal with properties that have been part exchanged for new builds though.
  6. reggie

    Cardiff Prices

    As I said - I've given up second guessing! Still, really am stumped as to how this level can be sustained - no answers here, just bewilderment.
  7. reggie

    Cardiff Prices

    Quick answer - No! Will anyone pay that for it? You'd hope the answer would be the same - No; but I've given up second guessing people around Cardiff and now am no longer certain of anything regarding houses and their value.! There is a 2 bed bungalow near us, which has been on the market for a couple of years - starting at £350k, is now £290k - the day that sells is the day I throw the towel in.
  8. reggie

    Cardiff Prices

    It looks like this has now been sold again - can't say I'm surprised; things are not slowing in CF15 just yet.
  9. reggie

    Cardiff Prices

    I also spoke to an agent on saturday who told me they were taking lots on but buyers who were proceedable were few and far between... they were actively reviewing the property on their books to see if they could get sellers to drop the prices and strongly advising sellers to take a resonable proceedable offer ..!!! Which agent was this? I spoke to one agent a few weeks ago who said they were 'oh so busy...' and gave the line that times were good - I'm hoping that was the end of the blip.! One of the properties we looked at, which sold a couple of months ago, is now back on the market - we had an offer of 15% below turned down on that one and the agent said that there had been a couple of higher offers - one supposedly proceedable and the other with property to sell - sounds like she went for the latter and the chain has broken. Will watch with interest but wouldn't be surprised if another sold sign went up within a short period.
  10. reggie

    Cardiff Prices

    I noticed that - don't really understand people's logic when there's a 4 bed around the corner for the same sort of money! I do think when prices drop it will be the estate type houses which will drop the furthest; the individual ones in non estate positions will lose less I think.
  11. reggie

    Cardiff Prices

    I would say the one that went last September didn't need that much spent on it - about £10k max, these look better decoratated - certainly not worth this much more imo. There are small 4 beds on same estate at the same sort of price; It will be interesting to watch and see what happens with these. the one that went last September took quite some time to sell, but then it did start at £239k!
  12. reggie

    Cardiff Prices

    Another update! New property on the market, same road as the £239k one, but it looks like this might have a small conservetory....so it's on at £249k - only £60k more than the one that went for £190k in Sept 2009 ; I'm not surprised by anything any more
  13. reggie

    Cardiff Prices

    Good for you - I would rather be in your shoes than watching this market from here. I'd happily go for a doer upper, but the ones we've seen would require buiding work and with children that's not so easy.....so we watch and wait.
  14. reggie

    Cardiff Prices

    Yes, those are the ones I'm talking about. I know what you mean about the high hallway - waste of space and heat loser. Have you since bought? I can't see the latest selling at that price, but I've been proved wrong before! However, there are 4 beds at a similar price so I don't think someone would opt for a bedroom less for a difference of £5k. Who knows? We came close to buying a couple of months ago, but again felt the amount of work needed was too much for the price being asked; it has since sold. I think we may become bystanders until after the election when I do honestly think things will change - not sure by how much but I don't see how this pricing can be sustained.
  15. reggie

    Cardiff Prices

    Despair continues - property has just come on the market in CF15; 3 bed on at £239k, estate type house....the kicker is an identical one (with garage converted but not such good internal condition) sold for £190k last September! Had chat with EA who said the market was far better now and price was justified - we'll see; it is one I shall watch with interest but would be totally disheartening to see it sell at £50k more than previous one.
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