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About househunter123

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  1. Well, I spoke with the EA earlier. She said vendor thought the house was over priced and was expecting around 10k below the asking. Now, several buyers are bidding well over it as stock is simply so low is what the EA said. Sounds about right and it was an FTB buyer that it's gone to not an investor now. Guess I'll still be looking!!
  2. Hi all, I'm still looking for my first property after a pause for a few months viewing. Viewed one yesterday asking 220k when in Feb 2021, virtually same house and condition couple of doors away, sold for 185k. East Midlands area. Agent said couple of investors have offered asking price in cash and felt sorry for FTBs like me as supply so low. Quite demoralising when investors frequently beat you to it.
  3. https://news.sky.com/story/hong-kongers-warn-of-social-conflict-as-new-arrivals-to-uk-struggle-to-find-jobs-housing-and-school-places-12491700 Sutton seems to be popular and even a poor homeless guy amongst them. Sad to hear that.
  4. https://www.theguardian.com/world/2021/nov/24/new-zealand-interest-rate-hike-raises-pressure-on-central-banks-over-inflation We may not be far behind though....
  5. https://www.theguardian.com/world/2021/nov/24/new-zealand-interest-rate-hike-raises-pressure-on-central-banks-over-inflation NZ increased their interest rates with a timeline for further increases. Still a couple of years away for any major impact here I'd say.
  6. Half decent homes selling quick here in the East Midlands. Two beds pre pandemic are now worth three beds. Greedy estate agents trying it too and adding thousands too homes. Decent offers I'm putting in getting rejected. Still renting, getting more depressing by the day .
  7. Hi all. My area in the East Midlands, 2 beds are now going for what 3 beds were right up to March 2020 which is now around the 190-200k mark for a 2 bed semi in a less desirable area A sold house in April '21 sold for 200k, back on the market last week for 215k and sold within a couple of days. It's still hot here, no sign whatsoever of slowing down.
  8. FTB here, key worker and stable job. Not much luck here as a 190k house for a 3 bed just went for 210k but I suspect EAs are starting off low and this particular home had around 15 bids , going by the purple bricks update app. Even a 2 beds in less desirable areas are creeping up with all vieiwing taken within hours and going up to the£200k mark. I'm getting frustrated and might just go for anything otherwise pre covid, 3 bed semi houses were easily at around the 180-190k mark.
  9. Hi all. All I'd like to know is the likelihood of what goes on there will impact my search for a house as a FTB here although I could be wong.
  10. Well as a potential FTB, prices here in the East Midlands definitely higher and no sign of reducing. Looking at the 210k mark or below. I can't even get a viewing for the last few properties in July/August. Get a call from agents day before my allocated viewing saying that house is now sold, or get a call the same day as the house goes on RM/Zoopla saying all appointments taken. I give up.
  11. I thought this thread would be about those lot somehow helping to normalise our house prices in this country!
  12. According to the guys at HSBC, everything is in place for prices to come down in a decade at the earliest. It does sound convincing this. "Analysts at HSBC have such a long list of reasons for a prolonged period of property price growth there is barely space here to discuss them all." https://www.theguardian.com/business/2021/aug/14/sorry-kids-house-prices-arent-going-to-stop-going-through-the-roof
  13. Thanks all for the advice earlier in the week. Will slowly invest over a period in time, rather than one go and like the idea of 70-20-10 for BTC-Eth-other for now. I'm also clearer about the long term idea rather than a short term investment. Glad to see it's been life changing for many, and that it could help out long term with my limited financial goals. I bought a tiny amount of Cardano which is the advice people are giving so let's see how that goes. Still using revolut for now as it's already setup. My binance is just waiting for the gbp ban to be lifted as would rather not have several apps .
  14. I've no idea how Leicester and *not* Leicestershire is on that list. That place used to be affordable around 3-4 years ago. Ridiculous prices for tiny terraced homes, although many have been extended and lovely from inside but those that aren't still fetch a premium.
  15. Definitely not day trading. More medium term is what I'm thinking. Review every few months see how it's going would be my intention. Are you guys taking out any profits / dividends as and when it just staying put until you completely sell? My intention is to get a few thousand that'll help towards the first house.
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