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GreenDevil

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Just watched Kirsty n Phil kick off their next series in brum,  where you can buy a 3 bed house with garage and garden for under 200grand.

The usual ramp, but funny to hear the buyers had 200,000 cash and not another penny to their name and Kirsty lend them and 1,000. Didn't they have a credit card? 

 

 

 

 

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10 hours ago, GreenDevil said:

Just watched Kirsty n Phil kick off their next series in brum,  where you can buy a 3 bed house with garage and garden for under 200grand.

The usual ramp, but funny to hear the buyers had 200,000 cash and not another penny to their name and Kirsty lend them and 1,000. Didn't they have a credit card? 

 

 

 

 

Bizarre ... so no emergency fund for loss of job? No savings for new car/boiler/fence should something happen? No buffer? Christ.

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6 hours ago, dryrot said:

Dont tell me, let me guess - the asking price was 200,000.001 and Phil went in at 200k? (cue heartbeat drums while awaiting vendors decision...)

Actually the greedy vendor made poor Kirsty stump up 1,000. He rejected the 200,000 because he already had an offer for 205,000 from a chap with a house to sell and wanted 205,000.... Lucky the glutton (has she been on a diet?) Managed to sweet talk the idiot vendor for just another 1,000. Saved a few quid for a few slap up Christmas dinner parties.

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So Phil n kirsty were in London, fixcing up a couple of mugs with a London hovel. 

695k for a loft room in Hampstead and 450 for flat in Leyton.

No wonder they negotiated hefty discounts of 650 and 425, the vendors were desparate after all the places were worth only 250k each in real non bubble adjusted money. Running outa mugs!

Edited by GreenDevil

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On 30/12/2016 at 9:52 PM, dryrot said:

Dont tell me, let me guess - the asking price was 200,000.001 and Phil went in at 200k? (cue heartbeat drums while awaiting vendors decision...)

Usually when he shaves 1p off, he's crouched over his phone in a pub, next to the couple - with their 2 untouched drinks on the table.  Excruciating viewing.

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2 hours ago, GreenDevil said:

So Phil n kirsty were in London, fixcing up a couple of mugs with a London hovel. 

695k for a loft room in Hampstead and 450 for flat in Leyton.

No wonder they negotiated hefty discounts of 650 and 425, the vendors were desparate after all the places were worth only 250k each in real non bubble adjusted money. Running outa mugs!

Worth £250K? Adjusted for regular wage inflation over the last 30 years, you'd be lucky to get more than £100K for a flat in a regular London suburb, surely?

Edited by canbuywontbuy

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12 hours ago, canbuywontbuy said:

Worth £250K? Adjusted for regular wage inflation over the last 30 years, you'd be lucky to get more than £100K for a flat in a regular London suburb, surely?

Agreed I picked the 250 after no research at all. I expect you are nearer the mark.

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Caught this ep last night, agree with the OP. Both couples seemed nice - and the Hampstead one an OK London pied a terre. (For 100k, of course). Interesting that all the flats were crappy conversions with new paint and problems. I enjoyed the references to "trendy, up-and-coming Walthampstow" - which the two lads could'nt afford BTW - note the neigbours... http://www.guardian-series.co.uk/news/15002217.Imagine_living_on_this_street___strewn_with_animal_carcasses_and_stinking_of_raw_meat

wrt Leyton "and 450 for flat in Leyton....No wonder they negotiated hefty discounts of 650 and 425" IIRC the Leyton on was offers between 400 and 425? Vendors planned an openhouse and kirsty asked the vendor what the price would be to take it off the market. £425k was the answer. (I've since deleted the prog so could be wrong)

 

 

Edited by dryrot
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Funny, few years ago they had people looking for flats in Islington, Camden Town and Shoreditch.

Now you have people hunting for flats in Leyton... I suppose that's all the young n trendy can aspire to these days.

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2 hours ago, EnglishinWales said:

When the young eventually rise up and declare BTL a crime we are putting these two dweebs in jail for encouraging the whole thing.

Tbf they have never looked for a property for a BTL scum, always OO.

Its the #vilebbc and HUTH you can thank for that.

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On 12/29/2016 at 9:04 PM, GreenDevil said:

Just watched Kirsty n Phil kick off their next series in brum,  where you can buy a 3 bed house with garage and garden for under 200grand.

The usual ramp, but funny to hear the buyers had 200,000 cash and not another penny to their name and Kirsty lend them and 1,000. Didn't they have a credit card? 

 

 

 

 

Isn't it more likely that the BBC lent them £1000? Out of license payers money? Would be worth a complaint to find out if anyone has the energy?

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8 hours ago, EnglishinWales said:

When the young eventually rise up and declare BTL a crime we are putting these two dweebs in jail for encouraging the whole thing.

 

Unfortunately the young will never rise up over house prices... they're too brainwashed/braindead.

 

 Far more likely to rise up in protest against some much more important issue like perceived persecution of  LGBT immigrants

 

n.b.  ''rising up in protest'' actually consists of changing their profile picture on facebook

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12 minutes ago, nome said:

 

Unfortunately the young will never rise up over house prices... they're too brainwashed/braindead.

 

 Far more likely to rise up in protest against some much more important issue like perceived persecution of  LGBT immigrants

 

n.b.  ''rising up in protest'' actually consists of changing their profile picture on facebook

The younger generation will always be more interested in virtue signalling on facebook than trying to change something they've been led to believe is unchangeable. It's a part of finding their way in the world. But the younger generation is not static - the young become older, and they get angry when they realise they were force fed an educational diet of horse shit by the people who stood to benefit most from it.

Things will change, it just might take a little longer than most of us here would like. Although I think we're probably a lot closer than this post makes it sound.

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On 30/12/2016 at 2:52 PM, dryrot said:

Dont tell me, let me guess - the asking price was 200,000.001 and Phil went in at 200k? (cue heartbeat drums while awaiting vendors decision...)

Re offers on property porn programs, I watched one of those A Place in the Winter Sun this week. A couple with a budget of £185k to buy in Cyprus. They decided to make an offer on a 3 bed detached villa on for £178k. They told Laura Hamilton their offer was £158k. Laura said... "you do know this house is on for £178k, you are offering £20k below that?". £158k offer goes in and the vendor comes back saying they would accept £162k. At that point it seemed to me that Laura was shocked about it and expected them to pay the £162k. The buyers counter with tell them we will split the difference and pay £160k, which was accepted. Laura is a property expert who has "helped" people buy houses all over the world don'tcha know.

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17 hours ago, GreenDevil said:

Tbf they have never looked for a property for a BTL scum, always OO.

Its the #vilebbc and HUTH you can thank for that.

I'm sure I saw Phil say a few times 'if it doesn't sell you can get tenants in/rent it out'. Phil is also a BTLer with a number of houses I believe. Not sure about Kirsty but her father is a lord so she's benefitting from rentierism.

They'll all be in jail when the revolution comes.

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10 hours ago, Fully Detached said:

But the younger generation is not static - the young become older, and they get angry when they realise they were force fed an educational diet of horse shit by the people who stood to benefit most from it.

Things will change, it just might take a little longer than most of us here would like. Although I think we're probably a lot closer than this post makes it sound.

We are already at the tipping point now that the oldest millennials are approaching their mid-30s and are starting to think for themselves.

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1 minute ago, EnglishinWales said:

We are already at the tipping point now that the oldest millennials are approaching their mid-30s and are starting to think for themselves.

Yep - at the same time those oldest millennials are starting to get into positions of professional seniority in all sorts of vocations, and before long they will be the ones calling the shots, while the "Oh, the poor young will never be able to get on the ladder" generation will be competing for a few hours here and there in their local B&Q.

Amazing how so many of them haven't ever stopped to wonder who is going to be buying their houses when they start dying.

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17 minutes ago, Fully Detached said:

Yep - at the same time those oldest millennials are starting to get into positions of professional seniority in all sorts of vocations, and before long they will be the ones calling the shots, while the "Oh, the poor young will never be able to get on the ladder" generation will be competing for a few hours here and there in their local B&Q.

Amazing how so many of them haven't ever stopped to wonder who is going to be buying their houses when they start dying.

+1. This site always brings in future prospects to stay positive, rather than just worrying about how the past has been.

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On 1/5/2017 at 6:36 PM, dryrot said:

Caught this ep last night, agree with the OP. Both couples seemed nice - and the Hampstead one an OK London pied a terre. (For 100k, of course). Interesting that all the flats were crappy conversions with new paint and problems. I enjoyed the references to "trendy, up-and-coming Walthampstow" - which the two lads could'nt afford BTW - note the neigbours... http://www.guardian-series.co.uk/news/15002217.Imagine_living_on_this_street___strewn_with_animal_carcasses_and_stinking_of_raw_meat

wrt Leyton "and 450 for flat in Leyton....No wonder they negotiated hefty discounts of 650 and 425" IIRC the Leyton on was offers between 400 and 425? Vendors planned an openhouse and kirsty asked the vendor what the price would be to take it off the market. £425k was the answer. (I've since deleted the prog so could be wrong)

 

 

In the Property Porn world ALL areas are one of two categories; Leafy and established, or 'up and coming'.  An area will be deemed 'up and coming' if it has a coffee shop, bar or gym, that is the only requirement.

There is an underlying assumption that any bad area will 'come up' and eventually become delightful.  However my experience of the real world tells me that this is the exception rather than the rule... crap areas rarely change in character.  I think a lot of people kid themselves about this especially in London, but I guess you have to if you paid £500k+ for an ex council flat in the **** end of Stockwell.

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