Bruce Banner Posted October 17, 2016 Share Posted October 17, 2016 The forum trolls come out to play. Quote Link to comment Share on other sites More sharing options...
spyguy Posted October 17, 2016 Share Posted October 17, 2016 Now thats BTL dead, half of EAs will be on the dole by Xmas. What would really ki k them in the nuts - and be the right thing to do - would be a law to ban agents chsrging renters fees. All cost must be born by LL/EA. Fck the stnuc. Quote Link to comment Share on other sites More sharing options...
mattyboy1973 Posted October 17, 2016 Share Posted October 17, 2016 Agreed. They need to be hit from the other side now with a serious overhaul of tenants' rights, and I think the political climate is right for it. Whether or not the Tories can bring themselves to do it, I don't know - but if you are going to tolerate a PRS that houses the majority of our under 40's, then it needs to happen. Quote Link to comment Share on other sites More sharing options...
spunko2010 Posted October 17, 2016 Share Posted October 17, 2016 In all seriousness, the number of For Sale signs that aren't changing must be noticeable to the everyman. A neighbour has had theirs up since March, never even gone Under Offer. Quote Link to comment Share on other sites More sharing options...
Si1 Posted October 17, 2016 Share Posted October 17, 2016 3 hours ago, Bruce Banner said: The forum trolls come out to play. And they're always so relaxed and curious, really rooting for the poor guy in all of this. Quote Link to comment Share on other sites More sharing options...
GreenDevil Posted October 17, 2016 Share Posted October 17, 2016 The only right move updates I seem to be getting these days are Reduced. Just the last few fools desperate for a family home buying now. Quote Link to comment Share on other sites More sharing options...
Oliver Sutton Posted October 17, 2016 Share Posted October 17, 2016 31 minutes ago, Si1 said: And they're always so relaxed and curious, really rooting for the poor guy in all of this. Always end with "I hope prices fall, I really do, but just can't see it". Or something similar. Quote Link to comment Share on other sites More sharing options...
Si1 Posted October 17, 2016 Share Posted October 17, 2016 16 minutes ago, Oliver Sutton said: Always end with "I hope prices fall, I really do, but just can't see it". Or something similar. Indeed. The Father Ted defence. Quote Link to comment Share on other sites More sharing options...
london_thirtythree Posted October 17, 2016 Share Posted October 17, 2016 I was looking earlier in the year, and then had a flurry just after Brexit, but have settled on the fact that there is likely to be a drop / correction / crash next year and so have invested bits of my deposit elsewhere for the foreseeable.. I imagine I'm not alone and buyers are increasingly thin on the ground by now. Quote Link to comment Share on other sites More sharing options...
B63 Posted October 17, 2016 Share Posted October 17, 2016 Market in the South East is dead. Lots of reductions, feels like all of the buyers have disappeared. For Sale signs sticking and calls from desperate estate agents. Long way to fall but it seems to have begun now the BTL brigade have had their wings clipped. Good times! What a total waste of productive time this housing bubble has been for ordinary people simply wanting to house their family and enjoy life! Quote Link to comment Share on other sites More sharing options...
Tapori Posted October 17, 2016 Share Posted October 17, 2016 1 hour ago, GreenDevil said: The only right move updates I seem to be getting these days are Reduced. Just the last few fools desperate for a family home buying now. I found a rental a few months back but kept updates on my phone from rightmove. Never have i seen that many rental reductions; It's really rolling. Reduced by around 50-200 a month. We're talking NE London, from Finsbury to Wood Green to Walthamstow. Quote Link to comment Share on other sites More sharing options...
Tapori Posted October 17, 2016 Share Posted October 17, 2016 1 hour ago, j666 said: Market in the South East is dead. Lots of reductions, feels like all of the buyers have disappeared. For Sale signs sticking and calls from desperate estate agents. Long way to fall but it seems to have begun now the BTL brigade have had their wings clipped. Good times! What a total waste of productive time this housing bubble has been for ordinary people simply wanting to house their family and enjoy life! Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted October 18, 2016 Share Posted October 18, 2016 11 hours ago, Bruce Banner said: The forum trolls come out to play. Â Watch it mate, people will start up 2 new accounts and use both of them to tell everyone your bot being very nice to new people. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted October 18, 2016 Share Posted October 18, 2016 (edited) 8 hours ago, Oliver Sutton said: Always end with "I hope prices fall, I really do, but just can't see it". Or something similar. I get a lot of "the CON is a total c**t to us trolls" despite not having mentioned trolls for months on end...mostly because there hasnt been any for 12 months+ as they've revelled in the success.... Edited October 18, 2016 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
nome Posted October 18, 2016 Share Posted October 18, 2016 (edited) 9 hours ago, spunko2010 said: In all seriousness, the number of For Sale signs that aren't changing must be noticeable to the everyman. A neighbour has had theirs up since March, never even gone Under Offer. March?? Pffft! T Â There are 2 houses close to me, one has been on 2.5 years and one 5 years, I Edited October 18, 2016 by nome Quote Link to comment Share on other sites More sharing options...
spyguy Posted October 18, 2016 Share Posted October 18, 2016 28 minutes ago, nome said: March?? Pffft! T Â There are 2 houses close to me, one has been on 2.5 years and one 5 years, I In the North, Its not unusual to find houses that have been up forsale for well over 5 years. Property Bee was (ive not used it for while) useful for this. WTF must people be thinking? Looking at the transaction numbers, you can see they fell off a cliff in 2005 and have never really recovered. Meanwhile, probates pile up. Ive a mate whos a plumber/builder. He gets called when people want to tidy up a place for sale. He reckons that in the area he covers a good 60% of houses have been readied/put up for sale and never managed to sell. Â Quote Link to comment Share on other sites More sharing options...
Si1 Posted October 18, 2016 Share Posted October 18, 2016 42 minutes ago, TheCountOfNowhere said: Â Watch it mate, people will start up 2 new accounts and use both of them to tell everyone your bot being very nice to new people. Come on. It's but one small step to GENOCIDE. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted October 18, 2016 Share Posted October 18, 2016 13 minutes ago, Si1 said: Come on. It's but one small step to GENOCIDE. PARASIT-OCIDE Quote Link to comment Share on other sites More sharing options...
Si1 Posted October 18, 2016 Share Posted October 18, 2016 9 minutes ago, TheCountOfNowhere said: PARASIT-OCIDE Quote Link to comment Share on other sites More sharing options...
eek Posted October 18, 2016 Share Posted October 18, 2016 9 hours ago, Si1 said: Indeed. The Father Ted defence. Wasn't that - that the money was just resting in his account. Quote Link to comment Share on other sites More sharing options...
Futuroid Posted October 18, 2016 Share Posted October 18, 2016 Property... failing to sell? The canary in the coal mine: https://www.theguardian.com/business/2016/oct/17/luxury-london-property-sales-collapse-developers-taxes Quote Link to comment Share on other sites More sharing options...
Si1 Posted October 18, 2016 Share Posted October 18, 2016 3 hours ago, eek said: Wasn't that - that the money was just resting in his account. In addition to "I can't really see it myself" and "we don't like that kind of thing" Quote Link to comment Share on other sites More sharing options...
Greg Bowman Posted October 18, 2016 Share Posted October 18, 2016 17 hours ago, spyguy said: Now thats BTL dead, half of EAs will be on the dole by Xmas. What would really ki k them in the nuts - and be the right thing to do - would be a law to ban agents chsrging renters fees. All cost must be born by LL/EA. Fck the stnuc. There is a very real case for Executive Agents bit like sports stars agents so negotiations are arms length and after what could be potentially a damaging and drawn out wrangle people can carry on working together. However these arrangements are illegal under the employment agency acts so why the hell are renters charged fees is nonsense Quote Link to comment Share on other sites More sharing options...
Shrink Proof Posted October 18, 2016 Share Posted October 18, 2016 15 hours ago, spunko2010 said: In all seriousness, the number of For Sale signs that aren't changing must be noticeable to the everyman. A neighbour has had theirs up since March, never even gone Under Offer. Back in 1990 I encountered a guy who was deliriously happy about the property price crash then in full swing. Turned out he ran a small firm that made the plastic For Sale signs for EAs. Since they were now spending months longer standing forlornly in front gardens and weren't rotating anything like as quickly, the EAs were all having to massively increase their stocks. His business was booming - every cloud and all that... Quote Link to comment Share on other sites More sharing options...
Oliver Sutton Posted October 18, 2016 Share Posted October 18, 2016 There's been a welcome slow down in my area but sellers are still reluctant to drop prices and are still as much as 3% overvalued. With low interest rates people have no need to sell and nowhere else to put their money. Hopefully the fall in the pound will help re-balance the economy but it just makes UK housing even more attractive for foreign investors and I can't see the government allowing prices to fall anyway. I hope prices fall, I really do, but just can't see it happening. Quote Link to comment Share on other sites More sharing options...
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