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Hellllp I'm Buying A House In Kingston


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Agree with Worried1's suggestions.

Or see below:

http://www.rightmove.co.uk/property-for-sa...00%26index%3D20

Crappy garden but at least it has one!!!!!

Plus lower stamp duty

Plus 5 minute walk to Surbiton station

Or:

http://www.rightmove.co.uk/property-for-sa...00%26index%3D20

Edited by GBTOUSA
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Nowt to do with the price of fish I suppose but a mate of mine in southern Cal (San Diego) split up with his wife. Ended up (after splitting everything) with $100K. Spent $60K on an absolutely superb trailor home (not trashy at all) and populated by some decent folk who have suffered financially lately. Strictly "up market"-not a druggie in sight. He has 1,000 sq.ft of luxury he says and wouldn't swap it in a million years for his old place, mortgaged up to the hilt. He has the weather all year round, no debt, a steady job and no missus. What's not to like?

Just thought the above comment-614 sq ft existence hovel in rainy UK, up to your eyeballs in debt kinda makes ya think dunnit?

Not about living in a caravan, no.

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Foxtons are up against the Office of Fair Trading at the moment for lettings so may be busy

with a high court injunction. I think it's still ongoing. http://www.oft.gov.uk/news/press/?s=2009

While that's going on, they charge about 2.5% so probably better never to contact them and

avoid the seller getting tangled up in a similar case the OFT is bringing forward for EA fees.

Basically avoid, or just buy, what's the worst that could happen :)

Edited by Tom Peters
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If you deal with Foxtons you get what you deserve. Why do you think those sellers have chosen Foxtons to sell for them ?

Their integrity, their acumen, their friendly demeanour and their fantastic reputation. Or because they overpriced it most in the valuation ?

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If you deal with Foxtons you get what you deserve. Why do you think those sellers have chosen Foxtons to sell for them ?

Their integrity, their acumen, their friendly demeanour and their fantastic reputation. Or because they overpriced it most in the valuation ?

Quite. The best example I have heard about the Kingston branch was from a friend who had his rental flat in Surbiton 'valued'. A fairly standard 1 bed conversion, it has been rented out for a couple of years for £850 per month.

Foxtons view was that it should be 'marketed' at £1,250 with a view to getting £1,100 for it. When asked how they planned to increase the rental value by 30% from the current fair market rate, the valuer said that it was because they marketed it to a wider market including people moving into the area from central London.

They clearly expected him to believe that people looking to move the 10 miles from London to the suburbs would not actually bother to check the rental prices offered by other agents before committing to rent a flat in zone 6 at zone 2 prices!

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I’m a FTB looking to buy a flat in Kingston Surrey. I have 50/70k deposit and ready to move in ASAP.

The problem is that there doesn’t appear to be a lot on the market at the moment.

I have found the following flats (see below)

http://www.foxtons.co.uk/search?bedrooms_f...mit_type=search

http://www.foxtons.co.uk/search?bedrooms_f...mit_type=search

http://www.foxtons.co.uk/search?bedrooms_f...mit_type=search

What I would like to know from the financial guru’s out there, is how much realistically do you think I should offer.???

Big bounce in this market

http://www.home.co.uk/guides/time_on_marke...hames&all=1

best wait until it cools off again IMO.

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I’m a FTB looking to buy a flat in Kingston Surrey. I have 50/70k deposit and ready to move in ASAP.

The problem is that there doesn’t appear to be a lot on the market at the moment.

I have found the following flats (see below)

http://www.foxtons.co.uk/search?bedrooms_f...mit_type=search

http://www.foxtons.co.uk/search?bedrooms_f...mit_type=search

http://www.foxtons.co.uk/search?bedrooms_f...mit_type=search

What I would like to know from the financial guru’s out there, is how much realistically do you think I should offer.???

If I was working for the SEO (Search Engine Optimisation) company employed by Foxtons this is EXACTLY the sort of post I would write to help improve Foxtons Google ranking (inbound links to your site are by far the most affective way of upping your raning). Clever. Am I being too sceptical?

Edited by MinceBalls
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I’m a FTB looking to buy a flat in Kingston Surrey. I have 50/70k deposit and ready to move in ASAP.

The problem is that there doesn’t appear to be a lot on the market at the moment.

I have found the following flats (see below)

http://www.foxtons.co.uk/search?bedrooms_f...mit_type=search

http://www.foxtons.co.uk/search?bedrooms_f...mit_type=search

http://www.foxtons.co.uk/search?bedrooms_f...mit_type=search

What I would like to know from the financial guru’s out there, is how much realistically do you think I should offer.???

I look at those prices and just want to puke. They are FLATS FFS.

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I look at those prices and just want to puke. They are FLATS FFS.

bog standard 2 bed flats in most 'liveable' parts of london will set you back around 250k!

do singletons live in 2 beds? or is it mostly couples?

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If I was working for the SEO (Search Engine Optimisation) company employed by Foxtons this is EXACTLY the sort of post I would write to help improve Foxtons Google ranking (inbound links to your site are by far the most affective way of upping your raning). Clever. Am I being too sceptical?

No you just clearly don't understand SEO ;)

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I’m a FTB looking to buy a flat in Kingston Surrey. I have 50/70k deposit and ready to move in ASAP.

The problem is that there doesn’t appear to be a lot on the market at the moment.

I have found the following flats (see below)

http://www.foxtons.co.uk/search?bedrooms_f...mit_type=search

http://www.foxtons.co.uk/search?bedrooms_f...mit_type=search

http://www.foxtons.co.uk/search?bedrooms_f...mit_type=search

What I would like to know from the financial guru’s out there, is how much realistically do you think I should offer.???

In the real world you can tell this is a joke as evryone knows Foxtons overvalue hugely.

If I was going to choose places in Kingston and its a great area but foxton's don't get good quality or value properties to sell.

Kingston has really taken a hammering and if you can get 325K you should find plenty of homes but really keep away from the cons from Foxtons

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All good advice.(apart from the rather bad cling on jokes. which were about as funny as a burning orphanage)

My general feeling is such; Prices will go on the slide over the next 12/28 months and once all the QE measures dry up.

However, what I want to know is what you feel this is worth Now?

They paid 215,00 in 07. and have spent 20k ish doing the place up

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All good advice.(apart from the rather bad cling on jokes. which were about as funny as a burning orphanage)

My general feeling is such; Prices will go on the slide over the next 12/28 months and once all the QE measures dry up.

However, what I want to know is what you feel this is worth Now?

They paid 215,00 in 07. and have spent 20k ish doing the place up

Which one are you talking about? Prices here seem to be at about 2004-5 levels, so if they paid a total of £235k (assuming that the £20k was well spent), it would probably be about £185k now. Since the stamp duty threshold is at £175k that would be the realistic maximum offer.

Ignore the generalised comments on here about flats. If you want to live in a nice part of Kingston/Surbiton, you are going to have to find at least £400k to buy a house at the moment, so the realistic choice is a flat here or a house in a cheaper area. Clearly, flats do not suit people with families but I think they are worth buying (at the right price) if it means that you can live in an area you want to live in.

Edited by worried1
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bog standard 2 bed flats in most 'liveable' parts of london will set you back around 250k!

do singletons live in 2 beds? or is it mostly couples?

Anyone with any sense starts off with a 2 bed even if it means living in a worse area.

In a slow market, one bed properties are the hardest to shift

tim

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Which one are you talking about? Prices here seem to be at about 2004-5 levels, so if they paid a total of £235k (assuming that the £20k was well spent), it would probably be about £185k now. Since the stamp duty threshold is at £175k that would be the realistic maximum offer.

Ignore the generalised comments on here about flats. If you want to live in a nice part of Kingston/Surbiton, you are going to have to find at least £400k to buy a house at the moment, so the realistic choice is a flat here or a house in a cheaper area. Clearly, flats do not suit people with families but I think they are worth buying (at the right price) if it means that you can live in an area you want to live in.

+1

(You also have the advantage of not having a pesky garden to look after)

tim

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+1

(You also have the advantage of not having a pesky garden to look after)

tim

Most flats don't have gardens, but in the area of Surbiton I am looking in, there are a few flats with private gardens/garages and small houses without either. Apart from the fact that the flats have one extra neighbour, they could make better family homes than the small houses.

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god, there's loads of people from surbiton/kingston on here. i had no idea. small world.

i'm in a similar boat....looking to buy at about 350..........but there is no way i'll be buying a flat

i've been tracking houses in some of the nicer places, and they are plummeting.

anything that is selling is selling at an average of 15% below asking price. some have sold at 20% below asking price

a quick look on on propertybee shows how foxtons are having to slash prices across the board....don't go anywhere near them..they are scum.

if you are prepared to wlak a little, you can get some lovely tarraced houses on beaconsfield road. about 15 mins to the station. i owned a house there a few years back, and it was really nice. they're still on at about 330...but there's a few, and they aren't selling. worth having a look and making some naughty offers...you never know

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Most flats don't have gardens, but in the area of Surbiton I am looking in, there are a few flats with private gardens/garages and small houses without either. Apart from the fact that the flats have one extra neighbour, they could make better family homes than the small houses.

That's right, I live in a flat, had it extended out back and have a lovely second bedroom with double doors opening out into an 80 foot private garden. Its not the norm for a flat to be spacious with a private garden but it is possible so not worth ruling out always.

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god, there's loads of people from surbiton/kingston on here. i had no idea. small world.

i'm in a similar boat....looking to buy at about 350..........but there is no way i'll be buying a flat

i've been tracking houses in some of the nicer places, and they are plummeting.

anything that is selling is selling at an average of 15% below asking price. some have sold at 20% below asking price

a quick look on on propertybee shows how foxtons are having to slash prices across the board....don't go anywhere near them..they are scum.

if you are prepared to wlak a little, you can get some lovely tarraced houses on beaconsfield road. about 15 mins to the station. i owned a house there a few years back, and it was really nice. they're still on at about 330...but there's a few, and they aren't selling. worth having a look and making some naughty offers...you never know

The walk to the station does not bother me as much as the feel of the area. Beaconsfield Road itself is nice, but I don't like the area directly surrounding it - I much prefer the feel of the river roads area. I guess a lot of people agree and that is the reason for the price differential.

I do think that the exact location is important in this area, though. I want to be within easy walking distance of the river, Bushy Park, Kingston town centre etc. Without these benefits, people may as well go and live in the better part of Croydon or another cheaper suburb with a good train link.

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