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Debate House Prices


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FTB - Just had an offer accepted!

13

Comments

  • slipthru
    slipthru Posts: 626 Forumite
    Part of the Furniture 500 Posts
    Good price you got there, thats what i am hoping to pay for a three bed house when i come to buy in the next year or two.
    In Progress!!!
  • carolt wrote: »
    I'm not trying to do anything. How does one 'derail a thread in one's favour', anyhow?

    Get a life!

    OP, out of interest, what was the asking price?

    The asking price was £125k
  • carolt
    carolt Posts: 8,531 Forumite
    Post reported, topov - you won't be here long....
  • sympatex
    sympatex Posts: 293 Forumite
    carolt wrote: »
    South East - Home Counties.

    I've been waiting patiently too.

    They are falling - but looong way to go round here till they're back at 105K for a 3 bed semi.

    But please feel free to spread some of your magic dust round my way. ;)

    Carolt - me too, and we'renot finding any 3bed semi's in nice areas for less than 200k. Still it's better than the £250,000 they were going for 12months ago. Wondering whether now is a good time, we've got a great offer on a tracker with _only_ a 10% deposit, lifetime tracker at .99 above base rate.

    Tricky times, when everyones talking about something...do the opposite?!
  • sympatex wrote: »
    we've got a great offer on a tracker with _only_ a 10% deposit, lifetime tracker at .99 above base rate.

    Seriously, how did you get that?
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Tapping fingers and wondering when MrS will point out he's not a MrsT ;)
  • sympatex
    sympatex Posts: 293 Forumite
    To OP, well done, appx 15%-17.5% discount, it's sometimes very hard to get vendors to except even 10% off, even when they can see the dire straights housing market is in. We're thinking of taking the plunge too because a combination of ducks for us price, mortgage offer and affordability have all lined up. We're deciding tonight, we've been knocked back with an offer at 198k for a house on the market at 240 reduced to 220. We will see, our mortgage as a lifetime tracker might mean we don't have to remortgage for a while if IR stay low... they will until election time i guess!
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Yes, yes I know, I'm a FTB and have just taken the plunge!

    I must be mad but I'm glad I'm doing it

    congratulations - don't worry about the negative comments they are just jealous that they can't be in your position.

    Hope that the family are happy in their new home.
  • Tapping fingers and wondering when MrS will point out he's not a MrsT ;)

    Cheers, I chose to ignore the "dear" comment but thanks for pointing that out!

    Whos called Tinchcombe anyway? Nobody!!
  • sympatex
    sympatex Posts: 293 Forumite
    Seriously, how did you get that?

    Well first direct were offering it up until last Thursday, when the baserate went down they pulled it but i've got all the stuff and they've said they'll honour it.

    who knows it needs to get passed underwriter.
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