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KR200

The Problem - You Own Your Gaf Outright In A Desirable Area Is Solvent Employed/retired And Will Sit It Out

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My friend's a "Buyer". Has a flat which he bought some years back and is worth more or less what he paid for it.

Fine. Has equity though as he paid off large chunks off his mortgage like a good boy should. No other debt. Looking to buy a bigger place in a "good" area and all he tells me is there's nothing about. He's getting married and his fiance's making very good money.

Seems when a place goes on the market as the old days punters are getting bidding. Two potentials for him have fallen out of bed. One seller wouldn't accept a derisory bid.

BTL crap in Thamesmead is rightfully worthless. But I live in a conservation area and a tidy listed cottage came up and is now sold in a month.

Hyped rubbish is stagnant but it seems not everyone is skint....

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