It was on for over £3million in 2023.![]()
It was on for over £3million in 2023.![]()
I've noticed a few auctions popping up miles below previous listed prices. Not sure if it's realism or repossession at play.
The footballers wives house I posted years ago is still apparently on the market.
https://www.rightmove.co.uk/property....179&keywords=
That one's had a fair bit of price flux as well.
Is it silly to buy a house without viewing it?
There’s a house gone up with a fixed price where we want. I couldn’t get a hold of the missus yesterday until after she finished work and due to this a viewing can’t be done until Friday evening. I’m assuming the rest of the week is filled with other people viewing it and I have the absolute fear that it will be bought before Friday comes.
It was built in 2022 and 1s throughout the HR so can’t see there being many hidden surprises
Not silly, downright fucking stupid.
Yeah don't do that.
Buy it Waff, liven up the thread.
Happens more than you think.
I'd never buy a house without seeing it but I do question how worthwhile viewings are. There's so much shit you only really notice/take a different view on once you're actually living somewhere.
At the very least, I use it to scout out the area.
Wish I did make the offer before viewing it.
Went to see it last night. Absolutely as expected. Send the offer into my solicitors when we get home. Silly bampots are not open over the weekend. Phone the selling agent this morning to make them aware I have placed an offer matching the fixed price but my solicitor is shut until Monday. Get a voicemail back saying someone has made an offer and it’s been accepted. Fml
Glad we could help.
Top Gear were right about your lot
Pants down, stick it in.
Going to view this place on Monday after the flat I spent 6 months post-purchase agreement dealing with solicitors fell through.
https://www.zoopla.co.uk/for-sale/de...aeecce9a355173
3 bed, 2 bath, 2 living room in central Worcester for a price I can afford seems off but the thing giving me the biggest cause for concern is that it was bought in 2006 for 199 thousand and is selling for a grand more 2 decades later. There has to be a catch.
There’s nothing on the listing about the lease. But, normally in these circumstances it will be a short lease or high service charge or ground rent.
The other one post Grenfell could be dependent on the height of the building if there is cladding that not having been resolved.
The lease is listed, as well as the other stuff.
Tenure - Leasehold (114 years)
Service charge - £1,800 per year
Council tax band - D
Ground rent - £200
Other thing to check out is if there's any major works planned in the building you'd end up coughing up for
Someone came up full cash so I got dumped out. I didn't particularly love the place anyway so I'm not too distraught.
Ah, Lord Chunkington. Always a boon for the local housing market when he rolls into town.
I needed to know which side of the fence i own. I believe it is the left side, as you look at the house. Sent for the deeds from Land registry UK but it does not show, which part of the property and land is mine specifically. It just gives the outline of the house and the garden.
If you can get hold of old conveyances [presumably you should have had some as part of a purchase] then the title plans on those are meant to have little 'T's on the boundaries that are owned by the property, but they are frequently not there and good luck getting anything useful out of the land registry. Best way is to probably ask neighbouring owners if you can.
For example these little marks:
Toggle Spoiler
Last edited by niko_cee; 01-02-2025 at 02:00 PM.
Our right side fence came down in the storm. I couldn’t find any information and predictably the neighbours said it was mine. I had planned to do the full thing anyway, just doubling up against the fence that isn’t mine, so it hasn’t changed anything.
The one on my drive came down, the old fella next door said it was his and got a replacement, didn’t want money, just my help putting it in. Perfect!
Another rate cut.
Already fixed my mortgage for £70 less pm from May, Hopefully I can fix lower still now.
Still about £400 more than we were paying 3 years ago, mind.
If they do start reducing, I hope it’s within the next 4 weeks as my missives date is 01/03/25
Offer goes in tomorrow:
Measureables work out at about 1250 square foot bang in the centre of town with gated security and parking.
Parents want me to lowball by 15 grand because it's all electric heating that needs updating (currently an E grade in efficiency) and the bathrooms/kitchen could do with renovating but I like the place so much I don't want the seller to think I'm taking the piss and tell me to fuck off and not take my calls. Think I might compromise and go 5k under the listing knowing I'll do list price when they say no.
Not sure there's much point in blurring out the address among esteemed friends and colleagues, other than it is quite a comedy address, but good luck nonetheless.
My comedy escapade through the planning system continues.
I did that before realising I’d literaly linked the whole Rightmove page less than 10 posts ago.
Thoughts on the low balling business?
No idea, it's usually a good negotiating tactic. They can only push you back towards the price but usually the dance goes something like price is 200, you offer 185, they say they can't accept less than 195 and you agree 190. I don't really get offers in excess of though. You need to know the market to know whether that price is a fair starting point for negotiations, I would always go under, usually offensively so, but can see how that wouldn't work if they are genuinely expecting an offer over or it is competitive. Only been on 6 weeks so it's probably not like they are desperate yet. Have they had any other offers?
If you really like it, just offer what they want. When we sold our old place, someone lowballed us, someone offered asking, the lowball then offered asking, then over, but we had accepted the other asking price offer already so just went with it. Don’t risk missing out if you really like it.
Why are you buying a flat if you’ve got over 100k to play with
I've lived in flats most of my life. I don't drive so centrality to transport and walkability to ameneties are important. I'm single. I have no use for a garden or the time to maintain one. And for the money I'm not gaining much more space if any in return.
Meanwhile if I took this flat for instance, the mortgage payments would take my 'rent' from 800 a month to 400. I'm not sure what there is to gain from a house.
For more context the deposit is fully funded due to Brexit rules when I left Switzerland. By law my pension should have to transfer into another pension fund but due to me going from Switzerland to the UK it could not be transferred to a non EU entity. So they had to pay it to me in cash, because I was unemployed I could only make a maximum pension contribution of about 3.5k. So I stuck the rest in an ISA which has returned about 8% a year for the last 3 years.
So now I’m just converting that money minus the profits and some inheritance fund into land in a way that makes my cost of living go down at the same time.
Alternatively, why don't you offer a smaller deposit and invest the rest?
Not sure how strong the market is where you are. I’d go £192.5k and bump it to £197.5k if/when they refuse the first offer. I’ve bought two houses (one in a booming market) and got them for a shade below asking price both times.
If the market is weak you can probably start at 185-190. If it’s strong they’ll tell you to fuck off if you offer anything below asking. Basically scope it out, they won’t blacklist you for being cheeky out of the gate.
Mortgage rates going down, not been on long, they'll likely be happy to wait than sell under asking unless desperate.
Not saying not to buy, but to pay as little as possible upfront.
I dunno, halving his rent for the next 25-30 years will pay him back. He'll have money to invest off the back of that.
Better yet, live on the street and invest it all.
If the interest rate is lower than the returns you would expect from investing your money (which they usually are) then you should put as little as possible upfront. If the interest rates are higher, then you do the opposite. Basic stuff. If this is not common knowledge in the UK then you have no place criticizing Americans about 'half three.'
Speaking of flats, I seen one in Dundee going up for 400k. 1 bedroom.
Looks nice, but know your place lads.
Riverside?