Jump to content
House Price Crash Forum
Sign in to follow this  

& Still They Approach The Slaughter House

Recommended Posts

& then on another thread:-

"Just some anecdotal reading for you all.

I live in a rather historic market town in Lincolnshire. Prices here are generally perceived to be high, especially in the nicer areas and most people, including my relatives and co-workers see the town as overpriced and almost crash proof. I have been looking at house prices now for almost a year while saving my deposit, and slowly but surely most prices are dropping by 5k here and there.

One house in particular started at 150k dropped to 140k a month later, recently its been up for 120k, and just today it is now up for auction with a guide price of 70k.


Does appear to be a repo tho, but still its a big drop from the original asking price in about 6months"

I like the last line; as tho being a repo doesn't count as reality?

LINK, but not worth the visit

Share this post

Link to post
Share on other sites

I am not impressed by the advice this person has received. ARLA??? This is a purchase, not a rental!! No-one has mentioned that she is rather close to a stamp duty band. Opinions vary as to the extent of the economic crisis, but this is a falling market, and she is nuts to even consider offering over £250,000. The EA sounds dodgy too. She should stay out, stay out, stay out!

Share this post

Link to post
Share on other sites
Guest Steve Cook
Yet another MSE thread

How do you educate these folk? --- Is it even possible? -- A complete re-programming???

Sadly, you don't.

They will learn the hard way. This is the way of many humans

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 396 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%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.