Incentives for users to buy my property

oldMcDonald

Dithering_Dad wrote: »

<snip> it is a tad slow today

From looking at your posts, I kind of guessed;)

*Louise*

brit1234 wrote: »

I bet every one who bought in the last couple of years is now starting to regretting it.

Bit of a sweeping statement there.

I bought last November, and haven't regretted it for a second. Everyone's circumstances are different.

napoleon

Half the asking price and I might buy it.

bryanb

lee_d_m wrote: »

Hi,



Is this allowed, and if so, how can I protect myself from losing the 10% deposit during the course of the transaction.

Thanks

Lee

Surely if you lost the deposit, it would be to yourself as the seller?

brit1234

Dithering_Dad wrote: »

I can only comment on the posts I read. Yours said: "I have spent the last 5 years in a key worker box room, its been a bit grim ". I do believe I read it correctly as it's quoted here verbatim. There was no mention of 'moving'

Apart from this line.:question:

No, moving into a reduced rent key worker flat for a while in a central London location 200m from the tube.:D

Anyway back to the original posters question, what do you think Dithering Dad or are you just here to argue?

Dithering_Dad

brit1234 wrote: »

Apart from this line.:question:

Quote:
No, moving into a reduced rent key worker flat for a while in a central London location 200m from the tube.:D

Sorry, the use of English in that sentence was so poor that I actually couldn't make head nor tail of it. It seems to say that you're moving into a reduced rent key worker flat for a while, while your other statement says that you currently live in a reduced rent key worker 'box' room.

Make your mind up. Do you live in the box currently or will you be moving into it soon??

brightonman123

paying towards buyers depsits could get messy.. they would surely have a budget (and finance?) in place, before maing any offer..?

why not offer them a 'cashback' towards their stamp duty, legal fees etc -
to be taken off the full agreed price, on completion.

or even pay their removal costs?

brit1234

Looky like Competition





Sloth from Goonies

Dithering Dad

Repeat after me Dithering Dad "Hey you guys"

Now stop distracting me from intelligent argument, back to the thread.

mr.broderick

brit1234 wrote: »

No, moving into a reduced rent key worker flat for a while in a central London location 200m from the tube.:D

Unfortunately I feel sorry for a lot of my friends especially the ones on 100% interest only mortgages and the others who can't sell with the price dropping well below what they bought it for.

I bet every one who bought in the last couple of years is now starting to regretting it.

Christ anybody that bought 5 years a go on a 100% interest only mortgage played a master stroke? Or have I missed the biggest ever boom in house prices over the last 5 years? Brit you got it wrong but you have done well to save £30k that's a big effort but i feel you are a minority, not many potential ftb'ers got that kind of savings obviously except for the str's. Before anybody comes on and says heh i've saved 40k over the last 5 years, paying rent and the bills etc...dont.

brit1234

mr.broderick wrote: »

Christ anybody that bought 5 years a go on a 100% interest only mortgage played a master stroke?

No he bought about 18 months ago in and had to use parents as guarantor, they also provided the deposit. Far too risky for me.

Unfortunately I wasn't in a position to buy 5 years ago. The cheapest London properties has just gone over £160,000 which was the maximum key workers were allowed to buy with the £50,000 key worker grant. At that point it was clear this was a unsustainable bubble which kept getting bigger to last year.