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Debate House Prices
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Pointless property programs
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Go to bed Cleaver.
A xDon't believe everything you think.
Blessed are the cracked...for they are the ones who let in the light. A x0 -
chrisandanne wrote: »Go to bed Cleaver.
A x
Will do Mum.0 -
Two people on Homes under the Hammer this week have just bought their first house at auction and have no experience. Two sets said "There I was at home, sat on my 'arris, when I saw your programme ... and I thought I should do that! So here I am"
The biggest issue I have with a lot of them is whether building regs are met. Whether all PP is applied for and all permissions gained.0 -
Did anybody see the complete kn0b this week on Buy It, Flog it, Bank It - bought an ex-LA 14th floor, concrete construction studio flat - ripped out the kitchen (planning to make it into a bedroom and move the kitchen to the living room, experienced unexpected plumbing problems and the fact it's hard expensive work channeling out concrete for new pipes/wires (I could think how that can be done in two different/better ways already). Then ended up with a bedroom so small you couldn't even get a wardrobe in it, used the wrong type of bed in there too, facing the wrong way round.... idiot.
Spent: £178k
Wanted it to be worth: £240k
Valued at: £180k
Said he'd rent it for 5 years.
It's virtually impossible to track down the addresses of these places though. I like to keep an eye on Land Registry for them and immediately check if they're on RM.
It was in Swiss Cottage, he bought it for £156k. 1960s block in a £155 million regeneration project area - while he was doing his renovation the entire exterior had a makeover. Without that he'd have lost hand over fist.
He's been doing this since the late 70s and has over 100 in his portfolio.0 -
Behave you lot, let's keep on topic.
Pointless property programs.
Don't they look surreal nowadays !0 -
Hee hee, today's Homes under the Hammer was good fun. Amateur property developer couple buy a property for £254k at auction, get landed with a £7k stamp duty bill for bidding just over the 250k threshold and spend another £10k doing it up, for a total spend of £271k. In addition they did most of the physical work themselves, taking time off their day jobs. House gets valued at £290k.
Just looked it up and they sold it this year for just £250k. Oh noes!poppy100 -
Muppets, when will they learn the game is over.Hee hee, today's Homes under the Hammer was good fun. Amateur property developer couple buy a property for £254k at auction, get landed with a £7k stamp duty bill for bidding just over the 250k threshold and spend another £10k doing it up, for a total spend of £271k. In addition they did most of the physical work themselves, taking time off their day jobs. House gets valued at £290k.
Just looked it up and they sold it this year for just £250k. Oh noes!0 -
Hee hee, today's Homes under the Hammer was good fun. Amateur property developer couple buy a property for £254k at auction, get landed with a £7k stamp duty bill for bidding just over the 250k threshold and spend another £10k doing it up, for a total spend of £271k. In addition they did most of the physical work themselves, taking time off their day jobs. House gets valued at £290k.
Just looked it up and they sold it this year for just £250k. Oh noes!
I've got no access to a TV ... so off to watch it on iplayer
Were they nice? Clueless? Done it before? Smug? Scared?
Did they do a good job?
What are their normal jobs/skills/experience ... off to find out.
Edit: http://www.bbc.co.uk/iplayer/episode/b0090bgt/Homes_Under_the_Hammer_Series_9_Episode_16/
link0
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