electrogear Posted February 9, 2017 Report Share Posted February 9, 2017 Over 50% of properties this week have been "no chain" (even some of those that don't state it in the listing appear to be empty). Tells me that landlords are starting to flood the market. I've even seen this in the outlying villages where we're waiting to buy. Hopefully this increase in supply translates to a drastic lowering of prices... http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=REGION^665&maxPrice=375000&sortType=6&index=24&includeSSTC=false Quote Link to post Share on other sites
electrogear Posted February 11, 2017 Author Report Share Posted February 11, 2017 Stats for the last week:- REDUCED 40 NO CHAIN/SITTING TENNANTS 72 OWNER OCCUPIER 51 TOTAL 123 Not sure how this compares to the week before, lost patience after trawling through all those listings! 58% are BTL. Quote Link to post Share on other sites
Paul77 Posted February 12, 2017 Report Share Posted February 12, 2017 8 hours ago, electrogear said: Stats for the last week:- REDUCED 40 NO CHAIN/SITTING TENNANTS 72 OWNER OCCUPIER 51 TOTAL 123 Not sure how this compares to the week before, lost patience after trawling through all those listings! 58% are BTL. How do you see these stats as I can't find them Quote Link to post Share on other sites
electrogear Posted February 12, 2017 Author Report Share Posted February 12, 2017 4 hours ago, Paul77 said: How do you see these stats as I can't find them I went through each listing and counted them up. Quote Link to post Share on other sites
Si1 Posted February 12, 2017 Report Share Posted February 12, 2017 I think I'm seeming similar in West Leeds. Quote Link to post Share on other sites
electrogear Posted February 12, 2017 Author Report Share Posted February 12, 2017 To be honest, I wasn't monitoring in Hull before now, but I've noticed an influx of ex BTL in the last week in the other areas I am monitoring on rightmove (cottingham/beverley/market weighton) which prompted me to look at a wider search area. On another note, we have seen a property which needs completely renovating and I think we might go for it. It's at about half our budget which would leave us with enough money to extend and renovate it (add another bedroom & garage) and it's already big for a 2 bed at 1350 Square Foot with 0.25 acres. Bargain compared to what else is out there at the minute, but will take a lot of work and there's electrogear no. 3 on the way soon :/ Quote Link to post Share on other sites
awaytogo Posted July 5, 2017 Report Share Posted July 5, 2017 On 09/02/2017 at 10:32 PM, electrogear said: Over 50% of properties this week have been "no chain" (even some of those that don't state it in the listing appear to be empty). Tells me that landlords are starting to flood the market. I've even seen this in the outlying villages where we're waiting to buy. Hopefully this increase in supply translates to a drastic lowering of prices... http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=REGION^665&maxPrice=375000&sortType=6&index=24&includeSSTC=false Doncaster same with BTL now, batch's coming up in the same area as if they are selling up. Quote Link to post Share on other sites
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