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Housebuilder - 60% Sold With 'part Ownership'

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Scotsman

Interesting, but not a shock. Good to see some numbers for once though.

"The average sale price actually increased slightly to £284,000, although most of the homes - about 60 per cent - were sold under part-ownership terms where the company takes a 20 to 25 per cent stake in the homes, reducing the loan-to-value ratios for prospective buyers. "

So the average price 'rose' at the same time as the majority of those sold were only for 75-80% of the actual house value. I think in real terms that is a pretty large drop.

Is the whole World just sticking their fingers in their ears and going 'Lah lah lah lah lah'........................:blink:

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  • 150 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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