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Desperate property ads
baby_boomer
Posts: 3,883 Forumite
Please use this thread to post snippets which indicate the desperate state of the market, adding any appropriate translations if necessary.
Crest Nicholson in Pinner, Aylesbury & St. Albans
"EasyBuy....Pay just 75% of the price and it's 100% yours."
Translation: "Unless we offload these homes PDQ we'll have to take 100% of the coming hit."
George Wimmpey at 4 locations in London
It's simple. Reserve this month and get a great deal
Translation: "Let's get a deposit from these guys so that we don't have to lower our prices later."
Countryside Properties in Mill Hill
Our prices guaranteed. Countryside properties are so confident...that we will guarantee the value of our new homes.....for an agreed time period.
Small print: "On selected plots only
." And who would want to move with 4% stamp duty + 2% other costs to put their claim to the test?
Crest Nicholson in Pinner, Aylesbury & St. Albans
"EasyBuy....Pay just 75% of the price and it's 100% yours."
Translation: "Unless we offload these homes PDQ we'll have to take 100% of the coming hit."
George Wimmpey at 4 locations in London
It's simple. Reserve this month and get a great deal
Translation: "Let's get a deposit from these guys so that we don't have to lower our prices later."
Countryside Properties in Mill Hill
Our prices guaranteed. Countryside properties are so confident...that we will guarantee the value of our new homes.....for an agreed time period.
Small print: "On selected plots only
." And who would want to move with 4% stamp duty + 2% other costs to put their claim to the test? 0
Comments
-
Why, why o' why do they not just lower the price 25%? :mad:
Cannot understand why people do this. Its like me putting my Ford Focus up for sale at £25,000 and saying i'll accept £5000 as thats what it is worth.0 -
The small print is that 25% of the house is a loan which is repayable as 25% of open market value after 10 years or when you sell. The interest rate on the loan is 0% for 5 years and 3% for years 5- 10.
In my book the headline ad is actually a lie. You're effectively running two mortgages - one with the housing company, another with your bank. You can't pretend that one doesn't exist just because there isn't a monthly payment
Why would anyone lumber themselves with this? I wonder who does the valuation after 10 years. 0 -
baby_boomer wrote: »Please use this thread to post snippets which indicate the desperate state of the market
I dont know where you are from but the market is not in a desperate state, house prices are not dropping they are just reaching the level that they should have been marketed for in the first place.
After all the so called crash hype people are starting to realise that it has not happened and are now starting to buy once more.:beer:0 -
pickles110564 wrote: »I dont know where you are from but the market is not in a desperate state, house prices are not dropping they are just reaching the level that they should have been marketed for in the first place.
After all the so called crash hype people are starting to realise that it has not happened and are now starting to buy once more.:beer:
Please tell me this is a wind up? lol0 -
Has anyone ever seen that carry on film (abroad I think) where the hotel is falling down because of the landslide and the hotel owner is running around trying to get everyone out of the hotel before it collapses, but no-one is listening because they are having a good time? Several months ago I felt like that man when a friend of ours bought a new build flat (sorry luxury apartment) and I tried soooo hard to tell him they would drop.
Barratt build in Kent, he paid £183k last June, they still cannot get rid of the others despite, stamp duty paid, mortgage subsidy and DROPPING the price to £170k. Obviously it must only be this area that hasn't got any buyers.0 -
In Scotland where our prices are supposedly immune from falls
BUY A PENMAN HOME AT EAST WEMYSS & RECEIVE A BRAND NEW VOLKSWAGEN POLO COMPLETELY FREE!0 -
aurorahelios wrote: »In Scotland where our prices are supposedly immune from falls
BUY A PENMAN HOME AT EAST WEMYSS & RECEIVE A BRAND NEW VOLKSWAGEN POLO COMPLETELY FREE!
Shouldn't that be BUY A VOLKSWAGEN POLO AND GET A PENMAN HOME FREE
I think I know which one will last longer! :rotfl:0 -
HomeBuy - A Government led initiative in SW11 - Thames Valley Housing
"Now is the time to buy - [One bed] apartments from £788 pcm"
Small print - you're only buying 25%.
Is now the time for the government to promote [part] home ownership? Do they know anything? Could they be sued if the buyer lost out significantly?
More information about HomeBuy from its own website0 -
pickles110564 wrote: »I dont know where you are from but the market is not in a desperate state, house prices are not dropping they are just reaching the level that they should have been marketed for in the first place.
After all the so called crash hype people are starting to realise that it has not happened and are now starting to buy once more.:beer:
Oh come on. Even you cannot deny what is happening!0 -
Pickles can I politely recommend you read up pyschology. Your narrow reality tunnel is getting in your way.
All parties come to an end my freind, all.
Japan had 0% interest rates and higher population density, yet prices fell for 15 yearssssssssssssssssssssssssss
Do you get it?0
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