drrayjo Posted March 12, 2008 Share Posted March 12, 2008 http://www.rics.org/NR/rdonlyres/F1D8EC6B-...hms_feb2008.pdf Norwich – NorfolkR. Smith Esq FRICS During February we have seen the continual bad press relating to Northern Rock, the TV programme ‘Repossession, Repossession, Repossession’, cold weather and snow, and the school half term holidays. Not surprisingly, a quiet month. Pathetic really. Quote Link to comment Share on other sites More sharing options...
Paddles Posted March 12, 2008 Share Posted March 12, 2008 I liked this one: North West London. Tim Le Bland, John D. Wood.There are less buyers at the moment, but they are of a better quality than before. Ha! What the f*ck does that mean? "We're selling sod all but the few people we do sell to bathe regularly and don't wear jeans"? Quote Link to comment Share on other sites More sharing options...
drrayjo Posted March 12, 2008 Author Share Posted March 12, 2008 Some sense amonst the nonsense Henley-in-Arden – WarwickshireTrudi Dean BSc (Hons) Est. Man John Earle & Co. Tax, council tax rises, jobs, fuel costs, lack of confidence that the government can run the economy at all. Is it something about life in Warks?! (RB?) Quote Link to comment Share on other sites More sharing options...
Fool's Gold Posted March 12, 2008 Share Posted March 12, 2008 Some sense amonst the nonsenseIs it something about life in Warks?! (RB?) That chick has a BSc (Hons) in Estate Management is it ? It sure puts my own physics degree to shame... Quote Link to comment Share on other sites More sharing options...
drrayjo Posted March 12, 2008 Author Share Posted March 12, 2008 That chick has a BSc (Hons) in Estate Management is it ? It sure puts my own physics degree to shame... Prob'ly from 'ere http://www.brookes.ac.uk/studying/courses/...aduate/2008/rem Quote Link to comment Share on other sites More sharing options...
redwing Posted March 12, 2008 Share Posted March 12, 2008 There is one EA with a sense of humour: Rhyl – Denbighshire David Jones Esq. BSc FRICS Jones & Redfearn The market continues to plod on. There is activity, but its like pulling teeth. Buyers are looking for good deals and are offering accordingly. First time buyers are as rare as a buyer for Northern Rock. But this one's a bit ominous: Lampeter – Ceredigion Andrew Morgan Esq FRICS A difficult market. We are still trying to clear some of last year instructions. Current trends do not give great confidence to vendors who are anxious to sell. ‘Patience is a virtue’ however, and some will not get the time they need we fear! "Some will not get the time they need" = desperate to sell before the bank repossesses? Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted March 12, 2008 Share Posted March 12, 2008 This one sounds suicidal: Worksop – NottinghamshireDavid Hawke Esq. FRICS David Hawke & Co. Not a lot of daylight – market is very repressed and mortgage news and media info is compounding the market problems. Quote Link to comment Share on other sites More sharing options...
The Preacherman Posted March 12, 2008 Share Posted March 12, 2008 St. Helens – MerseysideLouis Rigby Esq FRICS J.B. & B. Lynch Broadly speaking I would say that we are operating at 35% below last year in all areas, which has impacted dramatically on revenue streams and now unfortunately on staffing levels. The impact of the credit crunch coupled with the disastrous HIP legislation will put a similar percentage of businesses out of business this year I am sure and greatly affect the government’s stamp duty ‘coffers’. Holywell//Flint/Buckley – FlintshireDavid W Pearse Esq FRICS David W Pearse & Co There has been a slight increase in activity, but market conditions are still very quiet in comparison with previous years. Sellers are increasingly aware of HIPS and are increasingly annoyed with the extra expense, especially when they find that the government is extracting £60 from them on top of the hated Stamp Duty. Government back bench MPs may see a backlash at the polls as a result of this unpopular piece of legislation and unemployment could soon be a reality for many – remember what the electorate did for Conservative MPs who supported the Poll Tax! My heart bleeds. Noticeably several have blamed HIPS for the market conditions of slow shifting stock and falling prices. This can't be correct. HIPS is a deterrent to speculatively putting a house on the market and therefore restricts supply. Any HIPS impact at the moment would be beneficial to the health of the market as it would reduce stock creating scarcity and therefore hold up prices. Very few of them have grasped the real problem is a demand side one, the withdrawal of cheap and easy credit. Below is one exception. Chippenham – WiltshireNeil McAndrew Esq BSc MRICS Connells Estate Agents (CHECK) Due to lenders’ criteria, many buyers are unable to secure finance at 100% - 75% which has reduced demand. Quote Link to comment Share on other sites More sharing options...
Cogs Posted March 13, 2008 Share Posted March 13, 2008 Burton-on-Trent – Staffordshire John Stevenson Esq. MRICS John German There appears to be a very slow trend toward an improving market. I think people are sick and tired of listening to the doom and gloom being spouted by empty heads. Quote Link to comment Share on other sites More sharing options...
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