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About FunkyLeprechaun

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  1. Looking at your first link (nethouseprices.)- the house on one one side sold for 165,000 in 2010 but sold for 143,000 in 2003... is it possible to see that sort of rise in prices within 8 years within the same area? (this is part of the reason why I'm wavering... I feel like it's me that should offer the price a house is worth but when I see house price websites like nethouseprices, I feel like my initial offer's not enough).
  2. I agree that the EA needs a sale. It's the EA that we offered 20% off to the vendor to that just rudely told us off. It is the vendor that they have to deal with. Would a 160k three bedroom detached house 20 minutes from Norwich hold up at that price? We can afford 160 but it would have meant less money to spend on updating the house etc. Is it wrong to try to push for less money?
  3. My EA that sold our house said that 20% was a reasonable amount to offer in the face of the economy. She also told me that all the houses that they've sold, they sold at reduced prices as well. Then again, my friend from the pub said offer 5,000 off the asking price! So it's a lot of conflicting advice! I really really wanted the 165k house... but I also wanted to get it lower. I buy antiques as well and am able to get huge discounts off them and I know it's possible with houses but like antiques, if the seller is being stubborn, it's time to walk away... so I'm kind of sad that we're walking away from it (we were actually prepared to buy it at 155 if the seller had decided to go to 155). Thanks! I am starting to waver a little on the house prices but I'm a wee bit nervous on the market because we spent about 10k on things for our sold house (windows, kitchen, insulation, freehold), bought it at 102 in 2007 and sold it for 80k last month.
  4. Hi all, It's been a while since I last posted here on the forum! Well, we've sold our house in Staffordshire (for a loss, we bought at the peak in 2007) and we're looking to buy in Norfolk and I've used advice from my parents and this website, always offer 20% less than the asking price. We made offers on five houses (one 200k, three 170k, and 165k). The first four houses we made the 20% offer to, we were laughed off (two were the same EA and he very rudely told us that both houses were worth SO much more than that). The 165k house we originally offered 140 and they said, they can come down to 160k. We decided to offer 150 to see if they would come down more and they refused to come down from 160 (the house needed updating BIG time inside (needed new kitchen, bathrooms, carpeting throughout, but it was generally sound. The owner had died and the children were selling it). We decided to walk away. Just wondering, should we continue with our tactics or are the house prices that I've mentioned in line with what the area is worth (one was a 5 bed semi, two were three bed detached, one was three bed semi, and one was four bed detached). I hope we get a house soon... I know that the buyers are in the driver's seat but right now it doesn't feel like that!
  5. Is Nationwide good? I've got an account with them and was wondering why it is more secure than other banks? (wipes brow as it's been a question on my mind)
  6. Well... golly gee... I don't know WHAT is making this house not sell. If I wanted to be near the beach I'd buy near the beach.
  7. Gosh, I'm really sorry that our culture has permeated the British consciousness. As an Irish-American living here, I can't believe that American stuff such as proms are here. The thing about proms that I hate is the fact that girls wait around for someone to ask them to go to prom (that was me actually! I got up the nerve to ask someone to go with me once and I had loads of fun!). The girls who went stag (not the same term used here, just going with a group of their friends, not on a date) were viewed as "losers" because they couldn't get dates. All my friends and I went out for a meal and a movie instead of any of the dances because of that view. I still have my prom dress that I bought in 2000 for $140 (about £70) from the bargain rack of Saks Fifth Avenue. It's a wonderful dress and I fit into it! :-D Another thing about proms is that ninth-graders (imagine 14-15 year olds) get to go to the same prom as 12th graders (17-18 year olds). I still hold the idea that proms should be for the seniors only (when I went it was my last year of high school). We also had 4 or 5 different dances each year at school. Besides prom, I can name the Homecoming dance (first party of the year, to celebrate the beginning of the term), Sweetheart dance, etc. I'm sure there's many more! A British tradition that I really wish American public schools had was the uniform. That would have made all my mornings so much easier! I remember arguing this issue with a couple of students and the common argument is, "We should be celebrating our individuality!" I often said, "We're here to learn not discuss fashion statement!" There are actually a few American public schools that require the students wear a uniform, just wish it was MY district!
  8. I'm also wondering if people are trying to shy away from cities as well. I feel the most expensive houses are usually in the cities, especially Birmingham. However, I used to live in the country (now in town), and houses that the villagers said that were quite desirable (characteristic Victorian houses) are struggling to sell. That said, if I had the money I'd have snapped that one up! Probably brick up the dining room fireplace. I'll have to say the same about this Welsh property I'm keeping my eye on just to see how much it sells for (it's my ex-landlord's property). It's a detatched bungalow style property, was on the market for £250,000 now 230,000. Two EAs selling the house as well. I always can tell around here when a house is struggling to sell when they've got two or more EAs selling it.
  9. I thought it was a lovely house when I first visited them. Then my hubby told me that they were selling the house, so I made a guess at the price (basing it on my first impressions of the house). Note, I haven't been upstairs in their house, so I guessed it would be on the market for at least £170,000 based on my impressions of the ground floor. It was small, but the layout was well worked out. My eyes just fell out of their sockets when I saw that they were marketing it at £230,000. I saw they had 3 bedrooms (I had assumed it was a 2 up-2 down like our rental back then). To this day, I'm still wondering how they fit a third bedroom in the house (it's all on the same floor) and there's a 2nd bathroom but it's in the smallest bedroom in their house. Now that I've had a think about the house, I think the major (HUGE) factor of why it won't sell is the fact that the en-suite is in the smallest bedroom in the house. They need to have very rich first time buyers, or a 2nd home buyer who's just upgrading from a smaller house. As a first time buyer (bought our first house in October), I wouldn't buy their house as an upgrade as our much cheaper (£130,000 less) house is much bigger than their house (we have a garage and parking space, two important items that they don't have with this house). I'll have to keep an eye on the house. It's now going into one of the worst seasons to sell your house so I don't think they'll sell this summer. I don't think they'll even sell this year at all. I think they were just first time buyers who were just caught up with the housing boom at the time (They bought it at £160,000 in 2002, nearly the price I had guessed it was worth).
  10. Not in the Cambridge area but my friends are. I heard about them selling the house back in March so I've been keeping an eye on it. Apparently it's in a nice area of Cambridge! They bought the house in 2002. If they did sell at the price listed they'd have a £70,000 profit. Although that link says that their house is worth 237k, I just cannot see it selling at that price anytime soon due to the size (the house definitely lives up to the Victorian two-up, two-down image, although a new bedroom and bathroom were installed on the top floor). They've been lowering the price quite slowly (only twice and now £5k lower than the original listing). It'll be interesting to see how much it goes for. I've always emphasised that their house is a perfect first-time buyer house but now even first-time buyers are having trouble getting on the property ladder.
  11. That's an interesting website. Looked up my house and they estimated it at 5k less than what we bought for it! I suspect it'll go down a bit more as well as the market goes on. Looked at my friend's house in Cambridge and they valued it at £10,000 more than what they're selling it for. As I'm new to the area, I'm absolutely confused as to why their house is worth 80k more than their next door neighbour's (sold for 157,000 last year). Is it the number of bedrooms/bathrooms? (I think their house was originally a Victorian 2 up/2 down and a new extension was put in adding a bedroom and a bathroom on the top floor (bathroom is ensuite in one of the smaller bedrooms, not in the master bedroom). I think it's a very small house, in my opinion, but I'll keep an eye on it! Still learning about the quirks of the UK housing market!
  12. This thread is very interesting! I know someone who's selling in the Cambridge area and I had thought the initial price was a bit too high (6 mos on and hasn't sold yet, reduced by 5k). Very interesting, I'll keep an eye on this thread!
  13. I was just wondering if people had noticed it. I haven't seen a topic about it but then again I don't come here very often. My brother-in-law and his family are selling their house and I've been keeping an eye on it on RightMove. Recently, they dropped one agent and got another one and lowered the price. The previous agent had the property's particulars and you could see the energy rating of the property (E rating). The new agent doesn't put the energy rating on b-i-l's house entry on RightMove. They bought the house in 2002 for £158,000 (I also found out how much the previous owners had paid for it, and it was £119,000 and that was the year before!) and are hoping to sell for 225,000 (lowered it twice from 230,000). I wonder if the high price and the bad energy rating is a factor to them not selling for nearly 6 months. It's also the size of the house as well, in my opinion. It's advertised as a 3 bedroom terrace and I've been wondering how they fit 3 bedrooms in that house! I think they have a certain house in mind but need to achieve a certain price to be able to afford it, which is why the price is coming down so slowly. Not to mention the fact that two houses on the same street and very close to them, sold last year for 150,000 and 170,000 respectively so it looks like they may just break even on the house but I don't think my brother-in-law knows about the website I found. I've seen the same thing occurring on the page of houses from their area. Does the energy rating affect the sale price of a house? My husband and I are going to try to make this house more energy efficient (Starting by putting in double glazing! ). We live near a market town (not as NICE as where my B-i-l lives) but so far the few houses going up for sale in my area had a better energy rating (highest I've seen was a C rating) than b-i-l's house but still cheaper to buy. One's already sold STC, so I'll see how much it went for. Sounds like a double-barreled hit on the housing market: the Credit Crunch and the rising fuel prices. My husband and I have discussed putting solar panels on our house to save energy. I also looked into in-floor heating (and getting rid of our radiators) but it might just be a tad too much for a 1960s terraced house on an estate but you'd never know... it may just work. We are looking into selling our house within 5-6 years (I've seen 2011 as a year when the house market gets better, but 5 years is a bit more realistic).
  14. Ugh... I disagree... my PL really screwed me over.... If you have forgiving parents buy a house! That's what I did after complaining about my PL.
  15. I haven't posted in a while as I'm working on my new house. We finally moved into our own landlord-free house on the 1st of this month and our tenancy with our landlord ending the 4th. My partner agreed to let the Landlord in the house to look at the woodworm on the stairs. We came back on the 3rd to do some cleaning up and painting (My partner had filled in some holes and we were going to paint over them) and discovered that our LL had already removed the carpeting and told us that the underlay was damaged (we put down the carpeting ourselves and saw that the underlay was OK) and also asked us to replace the carpeting in the front bedroom. This was without our consent and my partner and I disagreed with fully replacing the carpet and underlay as it was part worn when we moved in. We decided to leave our keys and go (tenancy ending a day earlier). We decided to wait and see what was left of our security deposit. Just today I received a letter saying that our LL was withholding our security deposit because of our dog damaging the carpet and my previous illness on the front bedroom carpet (IE I threw up once). Said that the costs was 400 pounds to replace it plus the labour, our SD was/is 350 pounds. WTF? We were never consulted on how much labour would cost to fit the carpeting and he never supplied a receipt or receipts in the letter to explain how much things cost. My friends have so far suggested writing to the LL to get a receipt how much it actually cost. They don't believe that it cost 400 pounds for materials and labour. What else would you suggest? My partner has written a statement about what has happened in the past year in the anticipation of our SD being withheld (he actually hoped that we'd get SOME money back, after he had replaced the kitchen floor with linoleum). Our ll treated us like crap and I feel that we should get the full amount back after this letter. Just needed to rant... and a few choice swear words to myself as well... probably not suitable for this board! I edited it so nothing shows up on a Google websearch... I don't want to sound too vindictive but at the moment I'm feeling like that.
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