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Are you a FTB'er in the last 2-3 years?
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A bit curious about how that works?tin_kitten wrote:Now worth £110K and could sell for about £125K I think0 -
I would have to agree with zag2me on this one, especially if buying in the super expensive SE. I was a first time buyer some time ago (I am a lay-dee so I don't want to give away my age :rotfl: ) but as a single gal I was only able to do so with a decent deposit and buying a small house in a scuzzy, less than desirable part of north London. Good luck for when you decide the time is right for you!Hermia wrote:This is a very interesting thread, but it would be cool if everyone could also say WHERE they bought. I live in the South-East and there is very little property available where I live for less than £200k which is totally out of my reach as I work in the public sector. I'd love to know what people are paying in different areas.0 -
rozeepozee wrote:A bit curious about how that works?
Well, i'm in Scotland so we have the offers over system. Say the flat is valued at £110K, then i'd put it on the market at offers over £100K and in Edinburgh it's average to bid approx 25% over the asking price since the market is so silly here so that would give me £125K.
When I was selling my last place I got really unlucky as all of a sudden there were 8 flats in the same estate all up at the same time so I only got the value for it, but ones that sold 2 weeks before i put mine on the market were selling for £15K over valuation.0 -
rrwfotr wrote:Just goes to say property will always go up, and owning brick and mortar is better then paper money in shares etc.
Do you know this for sure? I mean have you compared domestic property prices against share prices over history? I'm not saying that property is better or worse, I'm just concerned you are stating a personal belief and not a fact.0 -
tin_kitten wrote:Well, i'm in Scotland so we have the offers over system. Say the flat is valued at £110K, then i'd put it on the market at offers over £100K and in Edinburgh it's average to bid approx 25% over the asking price since the market is so silly here so that would give me £125K.QUOTE]Thanks (PS Who nicked the "Thanks" buttons?
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Not a problem
p.s., the thanks buttons are back :j0
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