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Bearfacts

28% Off Flat In Bucks

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Mrs B has just helped a colleague to successfully negotiate the purchase of a flat in Buckinghamshire. The flat has been on the market for 8 months or more and originally had an asking price of £172k. Current asking price was £134k. Mrs B advised colleague to offer £124K i.e just under the stamp duty threshold. Colleague was too timid to offer such a ‘drastic’ reduction ( scared that the EA might laugh or mock her cheeky offer I guess ) so Mrs B did it for her and guess what, they took it.

By my reckoning that’s a reduction of approx 28% in 8 months or approx 42% annualised. No crash here, then just an orderly slowdown like The VIs assured us. !

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Mrs B has just helped a colleague to successfully negotiate the purchase of a flat in Buckinghamshire. The flat has been on the market for 8 months or more and originally had an asking price of £172k. Current asking price was £134k. Mrs B advised colleague to offer £124K i.e just under the stamp duty threshold. Colleague was too timid to offer such a ‘drastic’ reduction ( scared that the EA might laugh or mock her cheeky offer I guess )  so Mrs B did it for her and guess what, they took it.

By my reckoning that’s a reduction of  approx 28% in 8 months or approx 42% annualised. No crash here, then just an orderly slowdown like The VIs assured us. !

Maybe you could hire her services out..? ;)

Bucks has always been VERY expensive though hasn't it?

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Guest Bart of Darkness
By my reckoning that’s a reduction of approx 28% in 8 months or approx 42% annualised. No crash here, then just an orderly slowdown like The VIs assured us. !

I knew those lovely VI's wouldn't see us wrong! ;)

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Maybe you could hire her services out..?  ;)

Bucks has always been VERY expensive though hasn't it?

Ha, thats exactly what i thought..

Hey i hope she took commission on that!

EDITED:

I didnt like what i put, was funny when it first came to mind, upon reading 5 minutes later it was just dumb.

For those of you who didnt read it... you will never know what it said.

Edited by theChuz

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Well done, Mrs Buffer!......28%?????......We're in 1990 territory already...

Should I post the link on the ex-pats' website!.........Time to reduce the asking prices....Ho! Ho!.......Never felt schadenfreude towards anyone .......until now!

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The flat has been on the market for 8 months or more and originally had an asking price of £172k. Current asking price was £134k.

it would be interesting to know how much the flat was worth four or five years ago? Was the original asking price about average for that area or was the seller being a bit greedy?

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  • 301 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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