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Guest Winners and Losers

Easter Boom Beckons

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Guest Winners and Losers

I'm surprised no one has mentioned the two page spread in the Sunday Times home section this weekend. Can't find link. Basically very bearish article with lots of reference to the current 'suckers rally'. They actually use the word 'sucker'!

Also, Rosie Millard caculates the cost of selling her investment property. Is Rosie thinking of selling at the top???

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You mean this?

“There is a view that we’re in a suckers’ market. That is, that these signs of growth may not be sustainable. This is not our central prediction, and we’re not saying there will definitely be price falls, but they are a possibility.”

Full article:

Easter boom beckons

Five ways to avoid falling foul of a suckers’ market:

nMake sure you don’t overpay for your new home — check nearby asking prices with estate agents and compare recent local sale prices. The website http://uk.realestate.yahoo.com/offers users unlimited free access to information on recent property transactions, based on Land Registry data

nIf you are buying a new-build home, compare costs on a

“£ per square foot” basis for similar properties, as well as by absolute asking price. Remember that currently sellers are getting, on average, 5.7% less than their asking price, so insist on a reasonable discount from the scheme’s developer

nMany properties coming to the market now were unsold last year — ask local estate agents and your prospective neighbours if that applies to one you like. If so, find out why it didn’t sell before

nBeware of homes with brand new kitchens or bathrooms installed to improve their chances — the asking prices are normally inflated to recover the costs involved

nIs the property overlooked, near a road, suffering from nearby noise, or in need of significant work? Make sure any offer takes that into account

nPurchase costs go up a lot when you move from one stamp-duty band to the next; tailor your offer to reflect this Tips for buyers

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Guest Winners and Losers

Thanks! I knew someone would find it (WAL IQ 118 :( ).

I wonder why the Sunday Times would be reporting like this when the market is booming?????

Edited by Winners and Losers

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I'm surprised no one has mentioned the two page spread in the Sunday Times home section this weekend. Can't find link. Basically very bearish article with lots of reference to the current 'suckers rally'. They actually use the word 'sucker'!

The article uses the phrase 'suckers market' 3 times and the phrase 'sucker theory' once. IMO, the title of this article is clear evidence that editors are attempting to spin the articles that their own journalists are writing.

The title 'Easter Boom Beckons' is completely at odds with the article's content, and even the article's tagline. It is extremely hard to believe that Graham Norwood chose this title himself. IMO, the editor changed the title from its original to a more bullish one. Makes you wonder what paragraphs the editor cut out for being too bearish. The editor was probably too busy (preparing to depart to his 2nd or 3rd home in the country for the Easter weekend?) to spare the time to spin the whle article properly. :huh:

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  • 302 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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