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Viterbi

Only £65k

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That's the midlands for you. My ex-council 3 bedder's just been valued at £280K.

I would have thought you would have got more seeing that all this Russian oil money is pouring into the UK.

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It seems strange that some people are prepared to offer more than the asking price whilst previously complaining that this drives up house prices. I am thinking of advertising the house in London as strictly for FTBs and BTL can bugger off. I wouldn't be surprised if I end up with £100k and the buyer thinking he has a bargain. I will then tell him there are similar properties in the neighbourhood also for sale around the £65k mark so he hasn't got a bargain after all.

The trouble with HPC is that it is filled with Londoners who think England ends at Watford when it doesn't. It is still quite easy for a FTB on a £20k salary to get on the housing ladder if they know where to look.

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It seems strange that some people are prepared to offer more than the asking price whilst previously complaining that this drives up house prices. I am thinking of advertising the house in London as strictly for FTBs and BTL can bugger off. I wouldn't be surprised if I end up with £100k and the buyer thinking he has a bargain. I will then tell him there are similar properties in the neighbourhood also for sale around the £65k mark so he hasn't got a bargain after all.

The trouble with HPC is that it is filled with Londoners who think England ends at Watford when it doesn't. It is still quite easy for a FTB on a £20k salary to get on the housing ladder if they know where to look.

Shame that quite a few people can't move their job from London, though - might be a bit more difficult to buy the house with no income at all therefore(well, there are probably mortgage brokers that could still sort that for you, however...)

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  • 301 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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