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http://www.bbc.co.uk/iplayer/episode/b00q4594/Wanted_Down_Under_Series_4_Taylor/

About two thirds in for the funny bit.

Two teachers wanting to move to NZ. Had house valued at £235,000 + Its a real MEW special...

BBC sends in valuer .....£185,000. Gasps of shock from tubby family.

Mum "It was valued at two three five"

Eldest Son "Yeh but you didn't have any viewings.."

:lol:

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http://www.bbc.co.uk/iplayer/episode/b00q4594/Wanted_Down_Under_Series_4_Taylor/

About two thirds in for the funny bit.

Two teachers wanting to move to NZ. Had house valued at £235,000 + Its a real MEW special...

BBC sends in valuer .....£185,000. Gasps of shock from tubby family.

Mum "It was valued at two three five"

Eldest Son "Yeh but you didn't have any viewings.."

:lol:

LOL!

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Ive been having a crap day. Needed that laugh!

The look of disgust / expectation on the fat womans face was a delight!

At least the son 'gets it'.

the easy answer would be to sell it to their son for £235k, seeing as that's what A-hole boomers do these days to keep the dream alive

they apparently HAVEN'T done that, so credit where credit's due...

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The couple today amused me. A bankrupt property developer (now a stay-at-home dad, natch) and his hairdresser wife. He wanted out because "the UK has some fundamental problems." Their house on the Wirral somewhere was valued at around £190k. She had been informed that Aussie hairdressers are miraculously paid twice as much as UK counterparts. Reality hit home when she was told what she could earn in a Darwin salon and it was actually about half what she was expecting. Funny that.

And they went!

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the easy answer would be to sell it to their son for £235k, seeing as that's what A-hole boomers do these days to keep the dream alive

they apparently HAVEN'T done that, so credit where credit's due...

Really?! Are you serious?!

(Edit to make my question more clear: Are parents doing this???)

God that would be really very cruel - modern form of child exploitation!

But what bank would finance it???

Edited by Tired of waiting
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http://www.bbc.co.uk/iplayer/episode/b00q4594/Wanted_Down_Under_Series_4_Taylor/

About two thirds in for the funny bit.

Two teachers wanting to move to NZ. Had house valued at £235,000 + Its a real MEW special...

BBC sends in valuer .....£185,000. Gasps of shock from tubby family.

Mum "It was valued at two three five"

Eldest Son "Yeh but you didn't have any viewings.."

:lol:

Glorious :lol:

38 minutes in if anyone wants to go straight to the moneyshot.

Brilliant. Thank you.

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Really?! Are you serious?!

(Edit to make my question more clear: Are parents doing this???)

God that would be really very cruel - modern form of child exploitation!

But what bank would finance it???

there was a thread on HPC a few months ago - bomers complaining the mortgage company's valuer had underpriced the property s they then couldn't sell it onto their son who wanted to pay full whack. When HPC posters pointed out the moral questionability the OP reacted with a stream of foul-mouthed invective and the thread was pulled.

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"that's ridiculous [said the father]

"We got a valuation for £235 and it's on the market for that" [mum]

"that'll be why there've been no viewings" [son]

"that's no good -as we won't have any money to bring over to NZ then [mum]"

but to be fair they accepted it as reality

(meaning they've MEWed to the price of 185k too - imagine being 50 yrs old and owing 185k on your mortgage, there's gonna be some pain for some time to come...)

Edited by Si1
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I actually am off to Aus in a few days/weeks (pending the visa being finalised). It is a company transfer that should hopefully allow me to avoid the next few years of financial carnage in the UK.

So I have been watching these ‘wanted down under’ programs on a fairly regular basis. The recurring theme is that the EA values the house for less than the potential émigré feels it is ‘worth’

The people looking to move abroad all expect that the very fact that they have owned a house in the UK for the last few years should ‘see them right’ with regards to loads of equity and a consequently dirt cheap house when they hit the sunny shores.

What they do not realise is that the value of their house in the UK has crashed, especially if they need a quick sale. Meanwhile, the cost of Aus housing is flying up and away in a spectacular bubble. And the UK pound has dropped by about a third versus the Aus dollar over the last year. These people are so thick that it hurts.

There are a huge number of people out there who still fantasize about their ‘equiddy’ providing them with a way out of their dull, trivial, faintly pathetic (and frankly northern) lives. They have not yet come to realise that the ‘equiddy’ was but a transient illusion and that they will die in their grey and tatty little concrete box of failed dreams. They are learning though. Slowly.

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Link from the trapped in the UK thread.

http://britishexpats.com/forum/showthread.php?t=649180

Some of them seem to have been holding out for a price for ages while Sterling has plunged against the Oz dollar.

This all makes sense with a decent job offer, bit THIS?!;

Re: who else can't sell house in Uk and has visa

Ours has been on the market for 18 months we have had a number of viewers but nothing. We are going to drop it again next month (or when the snow goes) by £10k.

We have to sell to pay debts and have a little money to go with as we don't have jobs to go to.

Good luck anyway

Good luck is right, unless they are frickin' multi skilled geniuses...

Edited by drrayjo
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http://www.bbc.co.uk/iplayer/episode/b00q4594/Wanted_Down_Under_Series_4_Taylor/

About two thirds in for the funny bit.

Two teachers wanting to move to NZ. Had house valued at £235,000 + Its a real MEW special...

BBC sends in valuer .....£185,000. Gasps of shock from tubby family.

Mum "It was valued at two three five"

Eldest Son "Yeh but you didn't have any viewings.."

:lol:

Eldest son will go far!

Mortgage £408/month according to their calculations sheet.

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there was a thread on HPC a few months ago - bomers complaining the mortgage company's valuer had underpriced the property s they then couldn't sell it onto their son who wanted to pay full whack. When HPC posters pointed out the moral questionability the OP reacted with a stream of foul-mouthed invective and the thread was pulled.

Yep, I can see that happening. Easy.

The irony of it... "Evil" banks are in fact protecting FTB from a crashing market, and in this case, from the FTB's own parents!

Pity the whole thread was pulled. It would be a very educational thread.

In this case the moderators should just bl*ck the worst invectives, for such a pearl of a thread... Pity... :(

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What they do not realise is that the value of their house in the UK has crashed, especially if they need a quick sale. Meanwhile, the cost of Aus housing is flying up and away in a spectacular bubble. And the UK pound has dropped by about a third versus the Aus dollar over the last year. These people are so thick that it hurts.

There are a huge number of people out there who still fantasize about their ‘equiddy’ providing them with a way out of their dull, trivial, faintly pathetic (and frankly northern) lives. They have not yet come to realise that the ‘equiddy’ was but a transient illusion and that they will die in their grey and tatty little concrete box of failed dreams. They are learning though. Slowly.

:lol:

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the easy answer would be to sell it to their son for £235k, seeing as that's what A-hole boomers do these days to keep the dream alive

they apparently HAVEN'T done that, so credit where credit's due...

Really? Is that what 'A-hole boomers' (there you go again) do?

Evidence?

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  • 434 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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