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To those selling in these difficult times

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Comments

  • 2520years
    2520years Posts: 285 Forumite
    Part of the Furniture 100 Posts
    We're on rightmove through the Estate Agents. Bargain of the Century! Will consider part-exchange. ;-)

    http://www.rightmove.co.uk/viewdetails-22366457.rsp?pa_n=1&tr_t=buy&mam_disp=true

    Breaking News - we've got a viewing on Saturday!
  • jenny74
    jenny74 Posts: 497 Forumite
    2520years wrote: »
    We're on rightmove through the Estate Agents. Bargain of the Century! Will consider part-exchange. ;-)

    http://www.rightmove.co.uk/viewdetails-22366457.rsp?pa_n=1&tr_t=buy&mam_disp=true

    Breaking News - we've got a viewing on Saturday!

    Looks like a lovely house! I would definately be interested if I were looking in your area. :o

    Good luck for the viewing on Saturday.

    MY UPDATE:
    Not much really, the couple who viewed and wanted to change their own mortage to a BTL and get a domestic mortgage to buy our house are according to our EA, still interested. I will believe it when I see it. I think they are time wasters.

    Jenny

    PS No other viewings since the above mentioned couple - about 2 weeks ago.
    I love giving home made gifts, which one of my children would you like? :D :A :D
  • geoffky
    geoffky Posts: 6,835 Forumite
    The average price of a house in the UK will not climb back to its 2007 peak until 2023, a leading academic said today.

    Andrew Clare, professor of asset management at Cass business school, said the state of the housing market will get "a lot worse" before it starts to pick up again.

    Using futures contracts based on the Halifax house price index, he has calculated that, in 2010, house prices will be 40% lower than their peak of £199,600 in August last year. "Worse still, according to these prices, the Halifax index will not recover to its August 2007 level until 2023," he said.
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • geoffky
    geoffky Posts: 6,835 Forumite
    The housing market downturn looks set to accelerate during 2009 unless action to stabilise it is taken quickly, a report warned today.

    The crisis affecting the housing market is 'without precedent' and there is 'no knowing' how far prices will fall without intervention, Michael Ball, Professor of urban and property economics at the University of Reading said.

    He said the scale of the reduction in mortgage credit had been so great that few people were now able to buy a property.
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • geoffky
    geoffky Posts: 6,835 Forumite
    I posted these as a warning that next year house prices will be around 35% less from peak.so if you need to sell you need to price it to sell...otherwise you are wasting everyone's time....heres whats happened to new builds by me they are nice 4 beds
    02 November 2008 15:30:29
    • Price changed: from '£175,000' to '£154,995'
    22 September 2008 08:41:41
    • Price changed: from '£185,000' to '£175,000' [IMG]chrome://property-bee/skin/user_comment.png[/IMG]
    27 August 2008 11:14:43
    • Price changed: from '£190,000' to '£185,000'
    26 July 2008 15:53:44
    • Price changed: from '£199,995' to '£190,000'
    29 May 2008 04:06:16
    • Price changed: from '£219,500' to '£199,995' [IMG]chrome://property-bee/skin/user_comment.png[/IMG]
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • Quincy2104
    Quincy2104 Posts: 8 Forumite
    Hiya,

    Put ours on the market last week, 1 viewing, 1 offer 3K under asking, accepted offer:j . Hope to be moved before christmas. Just seems too good to be true, just waiting for a hitch!!!

    Quincy
  • moneysavingfamilycomp
    moneysavingfamilycomp Posts: 658 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    well done quincy hope it all goes smoothly
    :coffee:i find a cup of tea can solve most problems:coffee:
    :dance: but alcohol solves them all :dance:
    basic emergency fund 387.87/500
    £1000 emergency fund #290
    mortgage 91,719= 21y 0mnth :eek:
    6 mnths exp 0/6633
  • 2520years
    2520years Posts: 285 Forumite
    Part of the Furniture 100 Posts
    Quincy2104 wrote: »
    Hiya,

    Put ours on the market last week, 1 viewing, 1 offer 3K under asking, accepted offer:j . Hope to be moved before christmas. Just seems too good to be true, just waiting for a hitch!!!

    Quincy

    Talk about jammy! :T

    Anyway, I'm sure it'll go smoother than Silky the silkworm's favourite silk pyjamas. It sounds like they're keen at least.
  • pawpurrs
    pawpurrs Posts: 3,910 Forumite
    1,000 Posts Combo Breaker
    Very very Jammy! Hope it goes through smoothly for you.
    Still only the one viewing this week for me, and they are not even on the market. Ho Hum! Still you only need one person, and that call can come at any time.
    Pawpurrs x ;)
  • bloaty
    bloaty Posts: 757 Forumite
    2520years wrote: »
    We're on rightmove through the Estate Agents. Bargain of the Century! Will consider part-exchange. ;-)

    http://www.rightmove.co.uk/viewdetails-22366457.rsp?pa_n=1&tr_t=buy&mam_disp=true

    Breaking News - we've got a viewing on Saturday!

    Good luck, your house looks lovely.
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