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cannycat

Estate Agents In Cornwall

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The local south west news programme has just featured details of a local estate agent (Bradleys) who are offering incentives for buying houses down in one of the new developments in Newquay - I'm not sure which one, but it really is quite hilarious and/or rather sad.

Basically, if you buy one of the 'lower' end flats (£250K), you get a 'free' Smart Car; if you go for one of the even more ludicrously overpriced ones at the top end you get a Mercedes or a 4 x 4.... They don't say anything about petrol to fill them though.

The same programme then showed quite a sweet little cottage in grey stone, circa £245K, and if you buy that one you get - stamp duty paid; council tax paid for a year; your utility bills paid for a year; and (wait for it) a year's shopping at Waitrose paid for. (Which tells you the end of the market they're aiming for.)

Honestly, why can't they just face up to facts? Houses, especially in this neck of the woods, are too bl**dy expensive!!

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can anyone tell me why these people just dont lower there prices ?

Apparently, it`s against their religion.

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a year's shopping at Waitrose paid for. (Which tells you the end of the market they're aiming for.)

The nearest Waitrose to Newquay is 50 miles away.

There's only a Morrisons, Coop and Somerfield in town.

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The local south west news programme has just featured details of a local estate agent (Bradleys) who are offering incentives for buying houses down in one of the new developments in Newquay - I'm not sure which one, but it really is quite hilarious and/or rather sad.

Basically, if you buy one of the 'lower' end flats (£250K), you get a 'free' Smart Car; if you go for one of the even more ludicrously overpriced ones at the top end you get a Mercedes or a 4 x 4.... They don't say anything about petrol to fill them though.

The same programme then showed quite a sweet little cottage in grey stone, circa £245K, and if you buy that one you get - stamp duty paid; council tax paid for a year; your utility bills paid for a year; and (wait for it) a year's shopping at Waitrose paid for. (Which tells you the end of the market they're aiming for.)

Honestly, why can't they just face up to facts? Houses, especially in this neck of the woods, are too bl**dy expensive!!

Is there a branch of Waitrose in Cornwall?

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The nearest Waitrose to Newquay is 50 miles away.

There's only a Morrisons, Coop and Somerfield in town.

Should have read your reply before posting...

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Cornwall is a region which has become a micro economy of extremes. On the one hand, some areas in Cornwall offer the lowest wages in the UK and have many areas which houses the most poverty stricken people in the country (Old Hill in Falmouth until recently was identified as having the highest ratio of below poverty line residents in the whole of Britain). On the other hand, those Cornish who own properties in the "right" locations have screwed every one else into the ground by shamelessly exploiting their assets, putting their pokey cottages on for summer rent at a ridiculous £2000 per week and more, and thereby pushing up capital values beyond the hope of most Cornish residents.

The result has been to ghetto-ise large sections of coastal towns. The same has happened already in Devon, where almost the whole of Dartmoor has been hi-jacked by retired advertising execs and high court judges. You will barely find a single Devonian living there. Back in Penanze, the drug capital of the far west, you have drug dependant serially unemployed young people who survive on social security housing while within the same mile radius you have stone cottages going for absurd prices.

A crash is much needed down the West Country. It will stop the polarised economy from doing the appalling damage it has done over the last decade.

VP

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Cornwall is a region which has become a micro economy of extremes. On the one hand, some areas in Cornwall offer the lowest wages in the UK and have many areas which houses the most poverty stricken people in the country (Old Hill in Falmouth until recently was identified as having the highest ratio of below poverty line residents in the whole of Britain). On the other hand, those Cornish who own properties in the "right" locations have screwed every one else into the ground by shamelessly exploiting their assets, putting their pokey cottages on for summer rent at a ridiculous £2000 per week and more, and thereby pushing up capital values beyond the hope of most Cornish residents.

The result has been to ghetto-ise large sections of coastal towns. The same has happened already in Devon, where almost the whole of Dartmoor has been hi-jacked by retired advertising execs and high court judges. You will barely find a single Devonian living there. Back in Penanze, the drug capital of the far west, you have drug dependant serially unemployed young people who survive on social security housing while within the same mile radius you have stone cottages going for absurd prices.

A crash is much needed down the West Country. It will stop the polarised economy from doing the appalling damage it has done over the last decade.

VP

A recent visit to Cornwall gave me precisely the same impression as you paint. An isolated area, with strong demarcations between the haves and the have-nots and little or no discernible bridge between the two.

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Cornwall is a region which has become a micro economy of extremes. On the one hand, some areas in Cornwall offer the lowest wages in the UK and have many areas which houses the most poverty stricken people in the country (Old Hill in Falmouth until recently was identified as having the highest ratio of below poverty line residents in the whole of Britain). On the other hand, those Cornish who own properties in the "right" locations have screwed every one else into the ground by shamelessly exploiting their assets, putting their pokey cottages on for summer rent at a ridiculous £2000 per week and more, and thereby pushing up capital values beyond the hope of most Cornish residents.

The result has been to ghetto-ise large sections of coastal towns. The same has happened already in Devon, where almost the whole of Dartmoor has been hi-jacked by retired advertising execs and high court judges. You will barely find a single Devonian living there. Back in Penanze, the drug capital of the far west, you have drug dependant serially unemployed young people who survive on social security housing while within the same mile radius you have stone cottages going for absurd prices.

A crash is much needed down the West Country. It will stop the polarised economy from doing the appalling damage it has done over the last decade.

VP

Where was this reported?

Given, Old Hill is a dump, but there are other areas in Cornwall much more poverty stricken.

Quite ironic really as it overlooks the Marina with all those floating caravans worth a fortune.

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The local south west news programme has just featured details of a local estate agent (Bradleys) who are offering incentives for buying houses down in one of the new developments in Newquay - I'm not sure which one, but it really is quite hilarious and/or rather sad.

Basically, if you buy one of the 'lower' end flats (£250K), you get a 'free' Smart Car; if you go for one of the even more ludicrously overpriced ones at the top end you get a Mercedes or a 4 x 4.... They don't say anything about petrol to fill them though.

The same programme then showed quite a sweet little cottage in grey stone, circa £245K, and if you buy that one you get - stamp duty paid; council tax paid for a year; your utility bills paid for a year; and (wait for it) a year's shopping at Waitrose paid for. (Which tells you the end of the market they're aiming for.)

Honestly, why can't they just face up to facts? Houses, especially in this neck of the woods, are too bl**dy expensive!!

http://www.housepricecrash.co.uk/forum/ind...t&p=1205804

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Daily Mail had it too: http://www.dailymail.co.uk/news/article-10...s.html?ITO=1490

Or: http://www.thisislondon.co.uk/news/article...lats/article.do

Some lovely quotes on there "We have got an awful lot of buyers - but, very often, they go home, read about the latest ghastly story about the housing market and lose their nerve," ... so they're not buyers then.

The development has 247 flats. 90 sold. Only 157 to go then.

Edited by ScaredEitherWay

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They having been doing this in ireland for over a year. No pesky LR records published to be worried about but if they sell one in a development at a knockdown cost they have to devalue the rest they are holding to the bank. So they give away anythig they can. Word has it you can ask for cash instead of the car but the price wasn't dropped, nudge nudge wink wink.

The best I saw, and I am still kicking myself for not taking a photo, was an advert in the window of an EA in Schull. (similar demographic to parts of cornwall incidently, lovely place, no work , crazy prices)

It was for a bungalow up back beyond that had been sitting unsold for at least 9 months with no price drop. The advert had been hand modified to add a little cloud bubble with the comment. "Now includes a perfect condition 1997 volvo estate" I guess they heard that including a car was all the rage up the country so they thought they'd give it a go.

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The local south west news programme has just featured details of a local estate agent (Bradleys) who are offering incentives for buying houses down in one of the new developments in Newquay - I'm not sure which one, but it really is quite hilarious and/or rather sad.

Basically, if you buy one of the 'lower' end flats (£250K), you get a 'free' Smart Car; if you go for one of the even more ludicrously overpriced ones at the top end you get a Mercedes or a 4 x 4.... They don't say anything about petrol to fill them though.

I guess it sounds like a good deal when you're blind drunk and delirious on scrumpy and horse tranquilisers!

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Chavs are everywhere. Never seen any bikers though.

It was only last week that an agent in Newquay was crowing about flogging a plot that worked ut to being worth £10million per acre.

http://www.thisiscornwall.co.uk/homepagene...il/article.html

Edit - Firefox is throwing me a bit.

That 10m was mental, several sites have already fallen through on that road so I can only presume it was signed after a long lunch.

Chavs? Well Cam / Red maybe. Not the coastal towns. You need a bit of deprivation for proper chavs.

Edited by Frank Hovis

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Richard Elliott-Ogden has just bought a £500,000 beachside apartment, by handing over his £70,000 Maserati sports car in part exchange.

It is the latest innovative idea from estate agents desperate to put some va va voom back into the property market.

Plymouth agent Trathen is offering to part exchange anything of value from jewellery to Jet Skis.

http://news.bbc.co.uk/1/hi/england/devon/7502301.stm

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  • 399 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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