stop_the_craziness Posted May 31, 2018 Report Share Posted May 31, 2018 9 hours ago, highYield said: Wow. Channel 4 are going to drop the pretence and actually become estate agents: Wow. Conflict of interest much? Quote Link to post Share on other sites
Shy Ted Posted June 6, 2018 Report Share Posted June 6, 2018 Foxy SP looking set for new lows. Maybe with tomorrow's Halifax data. ? Quote Link to post Share on other sites
TheCountOfNowhere Posted June 6, 2018 Report Share Posted June 6, 2018 5 minutes ago, Shy Ted said: Foxy SP looking set for new lows. Maybe with tomorrow's Halifax data. ? Here's hoping. Quote Link to post Share on other sites
Shy Ted Posted June 6, 2018 Report Share Posted June 6, 2018 Brexit puts London house prices in danger of first fall since 2009 https://www.standard.co.uk/business/brexit-puts-london-house-prices-in-danger-of-first-fall-since-2009-a3856546.html Quote Link to post Share on other sites
the_duke_of_hazzard Posted June 6, 2018 Report Share Posted June 6, 2018 19 minutes ago, Shy Ted said: Brexit puts London house prices in danger of first fall since 2009 https://www.standard.co.uk/business/brexit-puts-london-house-prices-in-danger-of-first-fall-since-2009-a3856546.html The article says prices are already in annual falls: The Reuters poll follows figures from the Office for National Statistics which show that the average value of a home in the capital fell 0.7% in the year to March at £471,944, down around £3500. That was the second consecutive month of declines and the biggest annual fall since September 2009. so why the word 'danger'? This will let some much needed air out of the market, particularly in London and the South-East. Ah, that was the problem - too much air! Asked to rate house prices, on a scale of one to 10 between extremely cheap and extremely expensive, respondents gave a median of nine for London and seven nationally. I guess some Londoners are aware of Japan prices in the 80s then. Quote Link to post Share on other sites
Noallegiance Posted June 6, 2018 Report Share Posted June 6, 2018 Yeah. Brexit innit. Quote Link to post Share on other sites
Guest Posted June 7, 2018 Report Share Posted June 7, 2018 10 hours ago, the_duke_of_hazzard said: Asked to rate house prices, on a scale of one to 10 between extremely cheap and extremely expensive, respondents gave a median of nine for London and seven nationally. I guess some Londoners are aware of Japan prices in the 80s then. Indeed! the public think prices are far too expensive... They start to hear prices are dropping. That's when a bubble pops. Quote Link to post Share on other sites
stuckmojo Posted June 7, 2018 Report Share Posted June 7, 2018 14 hours ago, the_duke_of_hazzard said: The article says prices are already in annual falls: The Reuters poll follows figures from the Office for National Statistics which show that the average value of a home in the capital fell 0.7% in the year to March at £471,944, down around £3500. That was the second consecutive month of declines and the biggest annual fall since September 2009. so why the word 'danger'? This will let some much needed air out of the market, particularly in London and the South-East. Ah, that was the problem - too much air! Asked to rate house prices, on a scale of one to 10 between extremely cheap and extremely expensive, respondents gave a median of nine for London and seven nationally. I guess some Londoners are aware of Japan prices in the 80s then. I had a look for buy or rent property in London (just for amusement ) and anyone with a brain would come to the same conclusion. Looking at the salaries in London too, I can't understand how people manage. There must be a critical mass of people who have owned their houses or bought in the 80's or so (before that bubble). Quote Link to post Share on other sites
TheCountOfNowhere Posted June 7, 2018 Report Share Posted June 7, 2018 1 hour ago, stuckmojo said: I had a look for buy or rent property in London (just for amusement ) and anyone with a brain would come to the same conclusion. Looking at the salaries in London too, I can't understand how people manage. There must be a critical mass of people who have owned their houses or bought in the 80's or so (before that bubble). Have you not seen the 18 people in 1 bed room thread. Quote Link to post Share on other sites
stuckmojo Posted June 7, 2018 Report Share Posted June 7, 2018 35 minutes ago, TheCountOfNowhere said: Have you not seen the 18 people in 1 bed room thread. Ah, yes, that explains quite a bit of it. Interestingly, I saw many flats for rent as "1 bedroom flat for flatshare". How is that even possible/legal? only for £850 pcm per person, mind, so a total bargain for the up and coming barista/media runner. Surely they don't mind sharing a bed/pull out settee/sofa with a total stranger for such a pittance. ******ing hell. Quote Link to post Share on other sites
Guest Posted June 7, 2018 Report Share Posted June 7, 2018 2p off all time low. Quote Link to post Share on other sites
warrior88 Posted June 7, 2018 Report Share Posted June 7, 2018 Interesting to see all these three being whole round numbers, hmmmmm.... Quote Link to post Share on other sites
hotblack42 Posted June 8, 2018 Report Share Posted June 8, 2018 20 hours ago, The Crow said: 2p off all time low. Now 0.2p What a beautiful picture: Quote Link to post Share on other sites
Guest Posted June 8, 2018 Report Share Posted June 8, 2018 64.7p down 2% All time low? Quote Link to post Share on other sites
warrior88 Posted June 8, 2018 Report Share Posted June 8, 2018 64.6 Any predictions on how low it can go? Quote Link to post Share on other sites
Patient London FTB Posted June 8, 2018 Report Share Posted June 8, 2018 30 minutes ago, warrior88 said: 64.6 Any predictions on how low it can go? 57? Quote Link to post Share on other sites
TheCountOfNowhere Posted June 8, 2018 Report Share Posted June 8, 2018 1 hour ago, warrior88 said: 64.6 Any predictions on how low it can go? Lower than an estate agent...and that's low. Quote Link to post Share on other sites
Cosmic Apple Posted June 8, 2018 Report Share Posted June 8, 2018 On 06/02/2018 at 17:26, warrior88 said: I find it really weird that a lot of closing position for foxtons tends be a whole round number - who is supporting foxtons soo much and what seems like unlimited money or at least £187m it seems. Do you have the URL that gets you to the old style Google finance charts? I lost my link and can't find my way back to it, only get the new ones with a lot less functionality! Quote Link to post Share on other sites
steaky Posted June 8, 2018 Report Share Posted June 8, 2018 1 hour ago, fru-gal said: What percentage of Foxtons turnover has relied on fees from tenants? I imagine in London this will be a very large percentage? I'll bet. We looked at a rental with Foxton's recently and put an offer in with them. Had to fill out a silly 2 page document (perhaps to put off cheeky offers which ours kind of was) and the Tennant Fee was about £850!! (I'm very glad our offer was refused in the end as it would have hurt to pay that for a clueless agent and zero service) We ended up going through a small independent who charged a total of £150 for admin and credit checks. They've been super proactive and responded to a few small issues immediately - not sure we would have had the same treatment with Foxtons. Quote Link to post Share on other sites
Guest Posted June 8, 2018 Report Share Posted June 8, 2018 64.10... all-time low? Quote Link to post Share on other sites
UnconventionalWisdom Posted June 8, 2018 Report Share Posted June 8, 2018 7 hours ago, steaky said: I'll bet. We looked at a rental with Foxton's recently and put an offer in with them. Had to fill out a silly 2 page document (perhaps to put off cheeky offers which ours kind of was) and the Tennant Fee was about £850!! (I'm very glad our offer was refused in the end as it would have hurt to pay that for a clueless agent and zero service) We ended up going through a small independent who charged a total of £150 for admin and credit checks. They've been super proactive and responded to a few small issues immediately - not sure we would have had the same treatment with Foxtons. I just moved in the SE and paid £200 in fees. Bit annoying, but the place is nice and they have sorted things out quickly and remain my point of call if I need anything. I can't understand how the big ones survive whilst providing a crap service. Quote Link to post Share on other sites
leonardratso Posted June 8, 2018 Report Share Posted June 8, 2018 2 hours ago, UnconventionalWisdom said: I just moved in the SE and paid £200 in fees. Bit annoying, but the place is nice and they have sorted things out quickly and remain my point of call if I need anything. I can't understand how the big ones survive whilst providing a crap service. you should ask the government/local councils, they are quite large. Quote Link to post Share on other sites
heffsta Posted June 12, 2018 Report Share Posted June 12, 2018 Is this an all time low after opening this morning? Quote Link to post Share on other sites
Shy Ted Posted June 12, 2018 Report Share Posted June 12, 2018 1 hour ago, heffsta said: Is this an all time low after opening this morning? It is. Looks like 40p coming v soon. Quote Link to post Share on other sites
rantnrave Posted June 12, 2018 Report Share Posted June 12, 2018 FYI 50p is all the time low - at that price for a microsecond the day after the Brexit vote IIRC Besides that 64.5 was the next low - so that has been breached. Bring it on! Quote Link to post Share on other sites
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