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Killer Bunny

Property Porn C4 Last Night With Sarah Been Bags

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Yuppie amateurs (3 weeks from her giving birth...!) paid £580k for Grade 2 listed nr Hastings. Expected to spend £135k and sell for £850k... :lol:

Oh and altering Grade 2 would be as easy as pie... :lol:

Of course what happened was:

Altering Grade 2 was nightmare

Spent £180k

EA valuations ranged from £725 to £850

Marketed for £825...

Actual offer accepted of £765

Profit after massive hard work : £4,000 :lol::lol::lol:

F4CK were they lucky! They could have been wiped out.

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I loved this. I reckon if they sold their old house they would have lost a substantial amount. They would have had unexpected fees on their old house.

I actually whooped at the telly.

I don't really have a prob with amateur developers like a postman next door to me doing up a place and moving up. They had an expensive house already he musta had a good job and they wanted that other 100k and it went wrong hehehe

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easy to make money in a rising market, just buy, hold a while, sell.

VERY difficult in a falling market, like now.

:o Are you the same Bullish(ex) PropertyGuru that was here a year ago? :blink:

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Err, no. Sounds like they didn't make any money at all, but rather lost substantial amounts...

Purchase Price 560,000

Stamp Duty 28,000

Legal fees 3,000

Removals 2,000

Renovations 180,000

Estate agents fees

(upon selling) 14,000

Grand cost total 787,000

Selling price 760,000

Net loss 27,000

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This was an old show from 2004.

F4CK! :o :angry: Well spotted.

I didn't notice the date. B4stard C4 should be ashamed of themselves.

If that was 2 years ago people must be losing money left right and centre now. Bring it on!

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Prices have risen since '04 although more slowly. Of course the inflow of over 1.5 million immigrants of various shades since then has had some affect in shoring up prices that where balanced on the brink in summer '04.

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Err, no. Sounds like they didn't make any money at all, but rather lost substantial amounts...

Purchase Price 560,000

Stamp Duty 28,000

Legal fees 3,000

Removals 2,000

Renovations 180,000

Estate agents fees

(upon selling) 14,000

Grand cost total 787,000

Selling price 760,000

Net loss 27,000

£12k EA fees already included in £180 costs but maybe not removals, legals so net gain NIL! :lol:

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Prices have risen since '04 although more slowly. Of course the inflow of over 1.5 million immigrants of various shades since then has had some affect in shoring up prices that where balanced on the brink in summer '04.

I would have to disagree with you there, the house we used to rent was on the market for £285k in 2004 and sold for £240k in March 2006.

The neighbours house was purchased for £200k and was on the market at £225k not sure what they got for it but it'll be interesting to see in coming months.

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Yuppie amateurs (3 weeks from her giving birth...!) paid £580k for Grade 2 listed nr Hastings. Expected to spend £135k and sell for £850k... :lol:

Oh and altering Grade 2 would be as easy as pie... :lol:

Of course what happened was:

Altering Grade 2 was nightmare

Spent £180k

EA valuations ranged from £725 to £850

Marketed for £825...

Actual offer accepted of £765

Profit after massive hard work : £4,000 :lol::lol::lol:

F4CK were they lucky! They could have been wiped out.

I love Property Ladder. This lot actually took Sarah Beeny's advice, did a tidy job of the renovation and still only just scraped a profit. I hope they still make Property Ladder when the market starts to fall as it will then make even better TV.

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if this was 2 years old and has only just been shown, it makes you wonder how many loss making developments they have filmed and not shown over the years, so as not to rock the boat. Now that sentiment has changed they might start seeing the light of day.

Was the interest rate increase mentioned the last hike in August 2004?

Edited by grim up north

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Interesting that Channel 4 have an interview on their site with La Beeny and even she says that Buy-to-let is a stupid idea at the moment:

Do you think the property market is risky at the moment?

It’s not really viable to buy to rent now. With today’s rental returns you’d be better off with money in the Post Office, really. But I don’t think it is now is a risky time to buy as house as a home. People who sell off to wait for the market to ‘come down’ I think are mental. I think the key is to stay in the market once you’re in. But if you’re not a professional, to play the property market is a very stupid thing to do.

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Err, no. Sounds like they didn't make any money at all, but rather lost substantial amounts...

Purchase Price 560,000

Stamp Duty 28,000

Legal fees 3,000

Removals 2,000

Renovations 180,000

Estate agents fees

(upon selling) 14,000

Grand cost total 787,000

Selling price 760,000

Net loss 27,000

Lets not forget interest payments on the mortgage. Or lost interest on their savings. Interest on half a million would be noticable.

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Snakes and Property Ladders :lol:

Exactly - a comparison I've had in mind for some time without setting it down here. So - all those numpties are really selling their souls to put a toehold on the first scale of the....

Interesting that Channel 4 have an interview on their site with La Beeny and even she says that Buy-to-let is a stupid idea at the moment:

Do you think the property market is risky at the moment?

It’s not really viable to buy to rent now. With today’s rental returns you’d be better off with money in the Post Office, really. But I don’t think it is now is a risky time to buy as house as a home. People who sell off to wait for the market to ‘come down’ I think are mental. I think the key is to stay in the market once you’re in. But if you’re not a professional, to play the property market is a very stupid thing to do.

And who is she to say who's "professional" in the goofy world of progs like that? Arrogant *****.

Mental? We surely know who's really mental - that silly lass in Glasgow a few days ago, and all her ilk.

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I love Property Ladder. This lot actually took Sarah Beeny's advice, did a tidy job of the renovation and still only just scraped a profit. I hope they still make Property Ladder when the market starts to fall as it will then make even better TV.

She's fantastic... manages to provide advice that is always excellent without losing her temper with the arrogant ignorant misers who populate her show. She's fair with those who are giving it an honest nudge too (like that young couple with a crappy terrace a couple of weeks back - he put a lot of labour into the development so why shouldn't he make a reasonable return for his time?)

She is always clearly on our side without the mugs appearing to realise.

Edited by Lionel Richtea

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:o Are you the same Bullish(ex) PropertyGuru that was here a year ago? :blink:

It is!

He's been posting on the 'other side' and is now back. He was a classic wind-up-merchant till recently.

Obviously a very astute man - one of the winners in the property game and has sold his stock at the top.

Still think his prediction of houses not dropping below Q1 2004 land reg figures is wrong but as he has now sold up it makes no difference to the man.

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yes if it really is the PG of old then he IS astute.....

We all thought we were at the top 2 years ago ..

Does anyone really think the market will continue to grow even at 5% pa?

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yes if it really is the PG of old then he IS astute.....

We all thought we were at the top 2 years ago ..

Does anyone really think the market will continue to grow even at 5% pa?

I stand corrected!

I have been informed that it is an impersonator :(

However, the man (the real PG) has turned bearish recently and is saying the market has peaked :)

Edited by OurDayWillCome

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Interesting that Channel 4 have an interview on their site with La Beeny and even she says that Buy-to-let is a stupid idea at the moment:

Do you think the property market is risky at the moment?

It’s not really viable to buy to rent now. With today’s rental returns you’d be better off with money in the Post Office, really. But I don’t think it is now is a risky time to buy as house as a home. People who sell off to wait for the market to ‘come down’ I think are mental. I think the key is to stay in the market once you’re in. But if you’re not a professional, to play the property market is a very stupid thing to do.

Yes. It is very difficult to be a professional in the housing market....hahhahahahahhahahha

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  • 338 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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